Succession planning

Daniel J. Machon Jr., who was previously the CEO of Stonebridge Bank, has taken the helm at the West Chester, Pa.-based institution.

Douglas Ankrom, who is currently chief financial officer at the Belpre, Ohio-based institution, will take over for Michael Iaderosa, who will retire later this year.

A mortgage advisor, a chief legal counsel and a vice president of member experience were just some of the appointments credit unions have recently made.

George McNichols helped build the Indiana-based institution from $10 million in assets in 1984 to $554 million today.

Asked during Friday's earnings call if he'd be interested in running the embattled bank, William Demchak said he will end his career at PNC. He also ruled out M&A.

Bank's profits grow 5% on earnings growth; Citi's number 2 exec retirement shows the difficulty retaining a host of top executives.

Jamie Forese, long considered the potential successor to Citigroup Chief Executive Officer Michael Corbat, is departing after 34 years at the firm.

Tanya Hobson will take over for Mechelle Johnson, who will step down in June after 24 years at the helm of the South Dakota-based institution.

The resignation of Wells Fargo CEO Tim Sloan represented more troubles for an already scandal-ridden financial institution.

Credit unions have promoted and hired employees in a variety of areas, including membership experience and operations, marketing, real estate lending and collections.