Demographics

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.

Even as the credit union movement becomes more inclusive, most institutions' C-suites haven't evolved.

Members Trust Company has named its next CEO following its leader's planned retirement later this year.

Credit unions have announced a number of hires and promotions, including treasurer, controller and an executive overseeing market engagement.

Greg Hilbert will step down as CEO and president of the Appleton, Wis.-based institution in April 2020.

From branch management all the way to a spot on a Federal Reserve panel, credit union executives are making big career moves.

The company has appointed President Gaye Erkan to its board of directors, potentially positioning her to replace longtime CEO James Herbert when he eventually retires.

The New Jersey bank said it will save millions of dollars by eliminating the jobs as well as selling and leasing back some of its real estate.