Demographics

A. Scott MacKnight is now the president and CEO of Triangle Credit Union after its longtime leader, Maurice Simard, retired.

Stephen Raffaele has been the bank's president since 2016.

LendStreet is looking to break the circle of debt that often arises when struggling borrowers try to consolidate what they owe.

A number of employees are tackling different challenges with recent promotions and career moves.

The year featured executive shake-ups at the top of several of the industry’s largest institutions.

The banking industry has long been critical of the government-sponsored enterprise, but the system could provide valuable banking services to large swaths of the country currently lacking access to them.

Denice Schultheiss became director of the Office of Credit Unions in Michigan after John Kolhoff left to lead the Texas Credit Union Commission.

Graduate students at an Atlanta university are working with Inclusiv and the On the Rise Financial Center to help the underserved gain access to financial services.

Here's a look at some of the industry’s latest hires and promotions, along with credit union employees who were recognized for their work.

It was a year to remember for women executives at SunTrust and Amex’s new CEO, and one to forget for Wells Fargo and investors in bank stocks.

Edward Paternostro will step down Jan. 2, and the institution's current COO, John Deieso, will take the helm.

Christopher O’Malley is set to lead the California-based institution as Ron Berry retires.

As the U.S. undergoes a dramatic demographic shift, credit unions must be proactive to ensure their employees represent the communities they serve.

BBVA has picked Javier Rodriguez Soler, its head of strategy and mergers, to run its U.S. bank.

David Rupp was CEO of Four Oaks Fincorp in North Carolina when it sold itself to United Community Banks last year.

Kent Greff is retiring after 39 years in the credit union industry, including leading Mill City for almost two decades.

Gagan Kanjlia joins the Santa Clara, Calif.-based Silicon Valley Bank after spending two-plus years as the head of product for OnDeck, an online lending provider for small businesses. Before OnDeck, Kanjlia spent 14 years at Capital One.

David Araujo, who served as an executive at Digital Federal Credit Union, will join the Portsmouth, N.H.-based institution next month.

Two institutions in Virginia and one in Washington state have named new leadership amid a wave of expected CEO retirements.

If they don't have them in place already, financial services firms need to provide digital budgeting tools, mobile payment and banking services before young consumers flee to other providers, says Chris Koeneman, senior vice president of strategic solutions for MOBI.