Demographics

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.

Lynn Calvert will lead the institution on an interim basis after Robert E. Dempsey recently passed away.

These fintechs know how to have a good time. Novel employee benefits from the companies that made SourceMedia's 2019 list include cooking classes, weekly dance parties and free trips.

Fifth Third is helping consumers — and millennials in particular — save for big-ticket purchases with a new tool that squirrels away small sums into an account that can’t be immediately accessed.

Credit unions have recently recognized board members for their service, named new executives overseeing lending and hired a director of brand marketing.