Practice and client management

The New York Times explores why we lack female CEOs, Uber considers Bank of America’s Anne Finucane for its CEO spot, and State Street’s head of corporate governance explains its push for gender diversity on boards. Plus, who needs a hero?

Citizens Equity First promotes two in its electronic services department and more promotions, new hires and awards.

Through the partnership, Clarity Money customers can use Acorns’ automated investing features, while Acorns users can see a snapshot of their investing activity in the Clarity app.

20 Minnesota credit unions now offer the program, members have put $3.5 million in 5,000 accounts.

First Financial in Ohio is buying MainSource in Indiana — with a twist. MainSource's leader will become CEO.

Brandon Riechers has been with RCU since 1996, has served as EVP/CLO since 2012.

The Louisiana company, which recorded a large loan-loss provision to cover energy-related chargeoffs, also disclosed a new regulatory order from the Office of the Comptroller of the Currency.

The company agreed to buy MainSource Financial in Indiana for $1 billion, creating a Midwestern bank that will have more than 200 branches and $13 billion in assets.

As real estate loans continue to be a key product, CUs are investing in personnel focused on these offerings.

Union Bankshares in Virginia lost several key lending officers after it bought StellarOne. Management as a result has made changes to minimize employee flight from its latest M&A target, Xenith Bankshares.

The new Citigold program for affluent customers is more than a product — it is the centerpiece of Citigroup's vision for the future, which will also rely on branch closures and sophisticated apps.

Irish League of CUs President Brian McCrory formally succeeded Daniel Burns as chair of the World Council of Credit Unions board.

A controversial move to stop Canadian CUs from using the words “bank” and “banking” has rallied the movement there, but U.S. institutions are left wondering if such a move could happen here, particularly in light of some recent states’ measures.

WashingtonFirst had a sudden window of opportunity to sell itself in the latter half of 2016, but it had been preparing for a possible sale for more than two years before that, and perhaps as a result it received one of the most valuable buyout offers this year.

The New Jersey bank is looking to raise offensive capital just months after its deal to be sold to Investors Bancorp was terminated. Investors was tripped up by regulatory concerns tied to Bank Secrecy Act and anti-money-laundering compliance.

Delmar will buy Liberty Bell Bank in New Jersey, which had survived a debilitating six-year battle for control with a former CEO. Liberty Bell also suffered from corporate theft and a check-kiting scandal.

It’s a very large number for any bank, but Bank of America executives said the move makes good economic sense and promotes relationship-building with customers.

Various departments will be realigned or consolidated and staff will shrink by attrition in the agency’s first large-scale restructuring since 2003.

The Rhode Island bank plans to build out its fee income capabilities, expand C&I lending in the Southeast, renegotiate vendor contracts and take other steps to produce expense cuts and revenue enhancements of at least $90 million.

The Cincinnati company reaped the benefit of the latest round of interest rate hikes, as a higher net interest margin and lower costs helped overcome the drop in lending.