Practice management

Brad Calhoun, the former chief retail and marketing officer at First Tech FCU in Oregon, will replace Robert Allen, who is retiring from Teachers.

A Burke & Herbert veteran will serve as CEO until January, when the bank will introduce an outsider as its leader.

Having already recently absorbed Los Angeles-based Cedars-Sinai FCU, Credit Union of Southern California is now set to pick up tiny FedONE FCU.

The bank dropped out of the bidding for the card over profitability fears; returning to the market could boost Barclays' investment bank.

Dion Williams, former CEO of Del-One Credit Union, is returning to his native North Carolina to take over for Judy Tharp, who recently retired.

The JPMorgan chief executive said he couldn't understand why Wells Fargo could have CEO Tim Sloan step down without a successor ready to go.

Better analytical tools could help banks spot and address potential issues before a customer goes delinquent.

More businesses are considering moving away from cash and checks, according to a recent survey by Citizens. That should be a wake-up call to smaller institutions, said Michael Cummins, who oversees treasury solutions at the regional bank.

Calls for getting more women into leadership positions, and strategies for achieving that, dominated the LEAD conference in New York.

The East Lansing-based credit union plans to open two branches in the Traverse City area, more than three hours north of its headquarters.

Credit unions are doing good in their hometowns in a variety of ways, including giving one middle school student an award for her business plan for a food truck.

As foot traffic continues to decline, bankers are relying on gimmicks like dramatic lighting and placing buildings closer to highways in an effort to market their institutions.

Credit unions have announced new hires and promotions in areas such as human resources, business development and digital delivery.

The McLean, Va.-based institution said that its capital hit a record $2.5 billion last year.

Chris Lorence, a former marketing official at the Independent Community Bankers of America, is the Credit Union National Association's latest recruit from other financial services trade groups in recent years.

Anthony DeChellis’ strategy for staying relevant in a competitive metro market is a little odd — rebuild the private banking business his predecessor shrank — but observers say he might be the executive who can pull it off.

While regulation and nonbank competition are spooking some banks and credit unions, others believe low funding costs and the right relationships can help them succeed.

There have been six of these transactions announced this year and more are likely as credit unions look for loan and deposit growth.

The community-chartered credit union will now serve nine new counties following two years of reporting 2% or less in membership growth.