Practice management

The industry should not discourage credit unions from having a full platter of choices when it comes to advocacy.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.

BMO recently won a diversity award for reaching its goal of having women in 40% of senior management jobs, and CEO Bill Downe argues equal treatment of employees will carry over to fair treatment of customers and create long-term profits for shareholders.

Hoover was named interim CEO in December after the death of longtime CEO Gene Szymczak.

New hires, promotions, board elections and more credit union officials in the news.

Bankers, directors and other large investors are unloading millions of shares as bank stocks stay close to all-time highs.

The lender will begin an ad campaign in mid-April with the tag line "Building Better Every Day," company employees were told Tuesday.

So-called performance-share units are pushing aside stock options as the preferred long-term incentive pay for bank executives. Many investors and regulators fear that options can encourage reckless conduct and have other shortcomings, though options still have supporters.

Jim Rosenthal previously served as chief operating officer at the Wall Street investment bank. He joins the board of an online lender that has recorded losses in five straight quarters.

Daniel Trombley ending his lengthy career, Daniel Waltz to take over the helm.

The latest numbers underscore the extent of the challenge that the megabank faces in restoring its once-clean public image.

Foster previously served as deputy director of public and congressional affairs from 2008 to 2011.

Canadian banks hope to create an environment where consumers have more control over who is able to view their personal data.

Banks like TD and U.S. Bancorp are suddenly taking public shots from current and former employees critical of their sales practices, a sign that the industry has not put behind it the questions raised months ago by the phony-accounts scandal at Wells.

Pennsylvania league honors CEO with award and other credit union professionals in the news.

Gerard Nadeau has been the company's top commercial lending executive since 2007.

H. Palmer Proctor has been the Atlanta company's president since 2004.

From offering a host of convenient self-service options to paring down your mission statements, here are steps to simplifying the member experience.

The advent of more choice for credit unions when it comes to trade groups appears to be a dialogue few industry leaders want to tackle.

The Fed said it will conduct extensive reviews only of deals that create banks with assets of $100 billion, replacing the prior mark of $25 billion. The disclosure was included in the Fed's approval of People's United's purchase of Suffolk Bancorp.