Practice management

Barbara Yastine, who stepped down as head of Ally’s banking unit two years ago, has become a director of Zions in Salt Lake City.

CUs will have improved opportunities to add areas, sources say, but new rules ‘not a panacea.’

The company appointed a representative of Stilwell Group to its board. Stilwell, meanwhile, agreed to back Delanco's board nominees and refrain from pushing for the company's sale.

The deal, which is expected to close in the fourth quarter, values Cornerstone at $25.8 million.

These execs say they are finding ways to reduce fixed costs in areas such as branching and personnel, offer appealing tech, yet provide in-person services when customers have concerns.

The Little Rock, Ark., bank said first-quarter profits rose slightly and that it plans to dissolve its holding company to trim regulatory costs.

Harland Clarke's acquisition of RetailMeNot provides a broader range of marketing technology to serve merchants that are looking to improve mobile-driven sales against competitors such as Shopkick and Foursquare.

Harbortouch seeks to add marketing services to its existing point of sale equipment line.

Opus Bank has added Paul Greig, who was CEO of FirstMerit until its sale in July, as a director.

The San Francisco bank is trying to turn the page with a new report that mostly pins blame on executives who have either left the company or been demoted, but the report shows the misconduct went further back than previously acknowledged.

Wells Fargo, accused of ousting branch workers who struggled to reach untenable sales targets or objected to burgeoning misconduct, has rehired about 1,000 former employees as CEO Tim Sloan tries to put the scandal to rest.

Bank of Montreal, Canada's oldest lender, has turned to a former investment banker with an interest in continued U.S. expansion to lead the firm into its third century.

The latest compensation-related punishments were announced Monday in a long-awaited report from the firm’s board of directors.

SEG-based CUs could see a particularly big benefit from the rules, observers say, but community-chartered institutions and others could also see a significant boost.

Ashton Ryan, who had been removed as CEO in December, had been serving as its president. The New Orleans company also agreed to sell preferred stock to directors to help it make payments tied to its subordinated debt.

The San Antonio company named Chad Borton, previously head of consumer banking at Fifth Third Bancorp in Cincinnati, for the role. Fifth Third has named Philip McHugh as his successor.

The company took aim at Institutional Advisory Services, which recommended on Friday that shareholders vote against 12 of the company’s 15 board members.

'Tis the season for annual meetings and board elections, as several CUs reveal new directors and more new hires, promotions and awards.

Tim Carlisle will move to the CEO spot at CTFCU having already held a number of other executive positions at the $224 million-asset institution.

The deal, which is expected to close in the fourth quarter, should significantly increase PacWest's operations in Southern California.