Demographics

James Hubbard will replace Stuart Alderoty, who left CIT earlier this year to join the fintech Ripple.

Credit unions have recently announced promotions and hires in areas such as human resources, commercial lending and information technology.

J. Mark McWatters, chairman of NCUA, and Rick Metsger, a board member, also said that Congress should give the agency more authority over field of membership for underserved areas.

A focused approach on product standards and social responsibility can help build healthy relationships with Gen Z shoppers, who will, in turn, promote products to their family, friends and followers, writes Steve Davidson, vice president of warranty products at Fortegra.

A potential succession and a transfer of power in family leadership are among the key recent executive moves in banking.

Inclusiv had two members named to the African-American Credit Union Coalition Hall of Fame while credit unions and others in the industry announced new hires and promotions.

Ronald McLean, who is chief engagement officer at the New York Credit Union Association, will take over at CCUA next month.

Crystal Long, CEO and president of GECU, is being recognized by the National Credit Union Foundation for her efforts in financial literacy.

Cindy Dickey has taken over as CEO at the West Virginia-based institution while several other changes were made to the management team.

A number of promotions and hires have been in made in areas like communications, business banking and the C-Suite.

Michael Capatides, CIBC's chief administrative officer and general counsel, will take over as CEO of CIBC Bank USA on April 1, replacing Larry Richman.

Valley Bank spent millions on bank acquisitions under its previous CEO. Its new leader has taken a markedly different approach.

The $59 million-asset credit union has named a new CEO and chief operating officer.

Credit unions and others in the industry have recently announced a variety of changes with their staffing.

To keep up with demands for instant digital payments, retailers should explore options to make their payment processes quick and easy, according to Steve Davidson, vice president of warranty products at Fortegra.

The settlement would mark a rare instance where the bank stands to benefit monetarily from a scandal that has severely damaged its reputation and cost it hundreds of millions in penalties.

Leading a credit union can be exhausting. Implementing these best practices can help ease the burden.

The industry has recognized, hired and promoted a variety of executives, including the Minnesota Credit Union Foundation honoring several individuals for their contributions.

E.J. Donaghey has left University of Illinois Credit Union to become the new president and CEO of Fort Dodge, Iowa-based Citizens Community CU.

The drudgery of filling out forms and changing bills prevents many customers from swapping banks. One fintech has simplified that exchange, and banks are willing to pay it to deliver them new customers.