Demographics

David Fearing will take over at Accolade Asset/Liability Advisory Services as Joe Ghammashi retires.

Any serious discussion of how best to update the Community Reinvestment Act for the 21st century must focus on strengthening the law, not eliminating it.

Several banks are seeing significant changes in leadership as the year comes to a close.

Wells Fargo charges students nearly four times as much in fees as banks without college marketing agreements, according to an internal report by the Consumer Financial Protection Bureau.

Several challenger banks are trying to relieve consumers’ financial stress by offering tools that guide better habits.

James Reynolds will become the president and CEO of the New York institution after James Doig retires.

A recent report – supported by the National Council of Postal CUs – says the USPS is ill-equipped to manage the risks involved in offering banking services.

Sunrise Banks in Minnesota, which has a mission of helping underserved communities, also provides compliance services to fintechs with a similar mission.

The changes affected Dean Athanasia, Thong Nguyen, Katy Knox and Andy Sieg. The company also gave more responsibility to Chief Administrative Officer Andrea Smith.

A report released Tuesday echoes bankers’ arguments that the USPS is ill-equipped to manage the risks.

Norman Mann II, who has worked for the institution for more than a decade, will take over as president and CEO for Danny Gregg, who is retiring.

The online lender has acquired NextGenVest, which uses AI and text messaging to advise high school and college students about getting loans. CommonBond’s goal is to better understand the distinctly different demographic group rising behind millennials.

Robert Rubino will join the New York company in February as president of CIT Bank and head of commercial banking.

He will take over as CEO from Carlos Torres Vila, who becomes chairman at year-end. Still unknown: who will run the company's U.S. bank once Genç moves up.

Michael Daly's resignation may have been precipitated by an anonymous letter last month describing the workplace as “toxic” and in dire need of change.

Stephen Gordon, who led the bank's recapitalization in 2010, is being replaced as CEO on an interim basis by former FirstMerit CEO Paul Grieg.

Michael Daly had been the Boston company's president and CEO since 2002. It did not say why he left.

Mike Walrod will lead CU Holding, a subsidiary of Mazuma Credit Union that oversees several credit union service organizations.

MyBucks and its New Finance Bank subsidiary have opened 4,200 digital banking accounts and provided 72 loans at a Malawi branch said to be the first of its kind in a refugee camp.

Tom Walker will retire at the end of next year. The company is currently considering two internal candidates to take over.