Workplace management

Police arrested a man after responding to a hostage situation at a branch in Sebring, Fla., early Wednesday.

Scott Rose, who will join the Texas institution in February, has worked in the credit union industry for more than 25 years.

Kerry Parker, the Austin, Texas-based credit union's current CEO, expects to retire around midyear.

Shane Knighton, who previously worked at Member Business Lending, will take over for the retiring Gordon Dames, who served as interim CEO.

Less than three years after taking the helm at Baltimore Washington Federal Credit Union, Lester Warby is set to take over at STAR Credit Union in Corpus Christi.

A number of employees are tackling different challenges with recent promotions and career moves.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.

Here's a look at some of the industry’s latest hires and promotions, along with credit union employees who were recognized for their work.

Edward Paternostro will step down Jan. 2, and the institution's current COO, John Deieso, will take the helm.