Practice and client management

Goldsmith died Sunday of natural causes at his home in Beverly Hills, Calif., a City National spokeswoman said Monday.

Armada, a technology consulting firm in Tulsa, has hired as its president Frank McKeon, a former IBM executive who consulted with banks.

Benjamin Bochnowski will be named chief executive of both the holding company and the $865 million-asset Peoples Bank at the bank's April 28 annual meeting.

Poage Bankshares in Ashland, Ky., has promoted Thomas Burnette to chairman of the boards of the company and its Town Square Bank subsidiary.

The Houston-based institution plans to build profit into the repayment agreement for a loan, with profit replacing interest, under the model of other Muslim-based lenders.

More than one thousand Minnesotans opened prize-linked savings accounts at credit unions since they were launched in the North Star State in January.

The National Credit Union Administration has developed a new consumer website explains the mission of credit unions and provides tips on saving money.

Bridgewater Savings Bank in Raynham, Mass., said that its chief executive, James Lively, will retire on Dec. 5 and that Peter Dello Russo, its president and chief operating officer, will succeed him.

Workers' Credit Union, a $1.3-billion institution based in Fitchburg, Mass., reported it has deposited $3 million into its members accounts this month, based on account and loan balance data for 2015.

Credit Union Journal asked credit union advocates what they would like to say to the men and women running for the White House.

CU Journal asked the state leagues: How does a presidential election year change your political strategy, and does your league get involved in the presidential election (i.e. endorsements, contributions to presidential candidates)? Or do you remain focused on Congressional and local campaigns?

Malvern Bancorp in Paoli, Pa., has named Howard Kent chairman of the company and of the $727 million-asset Malvern Federal Savings Bank.

Fauquier Bankshares in Warrenton, Va., has named a North Carolina community banker as its new chief executive.

Barclays' investment bank chief, Tom King, plans to retire as soon as next month, said people with knowledge of the plans.

CUs are ramping up their political efforts in the 2016 race for the White House, seizing a window of opportunity to ride a wave of anti-Wall Street rhetoric and driven by a vital need for regulatory relief.

Advia Credit Union in Parchment, Mich., has agreed to buy Mid America Bank in Janesville, Wis. The $1.2 billion-asset Advia did not disclose how much it will pay for the $84 million-asset Mid America.

Correcting misperceptions about banking, in addition to focusing on recruitment efforts, will help fix an apparent rupture in the talent pipeline.

Rogue Credit Union paid out a $2.5 million dividend under the CU's first ever "Rogue Rewards Loyalty Dividend" program.

Sanford "Sandy" Weill, the former head of Citigroup, has stepped down as chairman of Hamilton Insurance Group in Bermuda.

SAN DIEGO — San Diego County Credit Union on Tuesday released its financial results for 2015, noting that its return on assets "continues to be strong" at 1.26% for the year and its net-worth-to-assets ratio was 13.85% ("well capitalized").