Succession planning

Two credit unions have hired new employees to oversee branches while senior investment representatives from a CUSO were recently honored.

When H. Lynn Harton joined United Community Bank seven years ago, he knew he was on track to eventually become CEO. But he still felt he had to earn it.

Intense competition for executives and top lenders has elevated the role acquisitions play in filling key positions.

The young professionals' development group is searching for a new manager following Lauren Culp's departure on Friday. She will remain in the industry.

Analysts and big investors say they cannot advocate buying more shares until the bank installs a leader with the authority to lay out a plan for the future. However, speculation about potential candidates has quieted.

Credit unions have made a number of personnel changes, including one institution appointing a chief technology officer and chief lending officer.

Bob Bjelland has led the Lewistown, Mont.-based institution for more than three decades.

The Maryland-based institution has hired an executive search firm to find its next leader.

A number of credit unions have announced promotions, new hires and recognitions for their employees.

Kendall Garrison will lead the Austin, Texas-based institution after its current CEO, Paul Trylko, retires at the end of this year.