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Why choose a former Visa chief to run a custody bank? Because to survive long term, Bank of New York Mellon will have to look more and more like a payments company.
July 17 -
Scharf, a former Visa CEO and JPMorgan executive, succeeds Gerald Hassell as leader of Bank of New York Mellon.
July 17 -
Plenty of CUs make mistakes in their strategic planning sessions, but -- even more alarming -- there are a number of credit unions that don't do any strategic planning at all.
July 17
Credit Union Journal -
Experts identify the top 10 mistakes -- and how to avoid them or fix them if you've already made them.
July 17 -
From overconfidence to loss aversion, anchoring and the sunk-cost effect, here are some of the biggest pitfalls for CUs to avoid in strategic planning, according to the Filene Research Institute.
July 17 -
The phony-sales scandal forced a reckoning over an organizational structure that had long encouraged autonomy for the bank’s various business units.
July 14 -
Bob Aresti will retire in November, and the credit union has retained Giombertti Associates to conduct a search for its next leader.
July 14 -
AERO FCU, Truliant FCU join for debit card processing, call center support.
July 14 -
Without climate change mitigation, financial institutions should expect higher weather-related losses, greater uncertainty surrounding transition pathways and increased market volatility.
July 14
Global Risk Institute -
Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more.
July 14 -
Des Moines CU has expanded its FOM to include first responders, government employees and more.
July 13 -
Trust income, bank card fees and deposit service fees led to double-digit earnings growth at Commerce Bancshares.
July 13 -
A community bank gets taken to task by the Equal Employment Opportunity Commission. Tennis player Andy Murray makes his mom — and lots of other women — proud at Wimbledon. Also, the Bank of England's Charlotte Hogg and Morgan Stanley's Naureen Hassan.
July 13
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WSFS is implementing a new internal audit program and shoring up the succession planning in its risk department.
July 13 -
The North Carolina company could issue $200 million in new securities over time to fund acquisitions and other investments.
July 13 -
The tiny Delaware credit union has just over 500 members and will merge into Del-One following losses of more than $45,000 last year.
July 12 -
With wave after wave of credit union CEOs retiring, new issues are being raised about best practices in succession planning, including whether the former CEO should stay on in some capacity after a replacement takes over.
July 12 -
TruStone taps a pair of new leaders, a CEO earns honorary degree and more credit union executives in the news.
July 11 -
When the U.S. withdrew from the Paris Agreement, business leaders across the country called on the private sector to step up their own efforts to reduce greenhouse gas emissions and ultimately limit global warming to 2 degrees Celsius. From new corporate governance practices to energy efficient upgrades, here’s a look at some of the ways the banking sector is combating climate change.
July 11 -
Marshall has managed the young professional mentorship program since 2012, helping earn it a Herb Wegner award. Culp takes the reins having participated in the group's "Crash the GAC" and Filene's i3 program.
July 11














