Independent Bank in Rockland, Mass., has selected its next CEO. The $20 billion-asset company said in a press release that Jeffrey Tengel will succeed Christopher Oddleifson on Feb. 6. Tengel, who also joined Independent’s board, previously served as head of commercial specialty banking at M&T Bank. Before that, he was president of People’s United Financial, which was sold to M&T. Oddleifson, who has been the bank’s CEO since 2003, is

Hope Bancorp in Los Angeles is bringing back one of its retired executives on an interim basis. The $19.1 billion-asset company said that David Malone is returning to serve as interim chief financial officer. He will succeed Alex Ko, who resigned “to pursue other opportunities” but will serve as a consultant through March 31. Hope said it has begun a formal search for a permanent CFO. Malone retired as president

Parkway Acquisition in Independence, Va., has changed its name to match its bank brand. The parent of the $1 billion-asset Skyline National Bank disclosed in a regulatory filing that it amended its articles of incorporation to become Skyline Bankshares. Parkway was created in July 2016 when Grayson Bankshares and Cardinal Bankshares merged. The surviving bank was rebranded as Skyline National Bank in March 2017.

HNB Bancorp in Hannibal, Mo., has agreed to buy Northeast Missouri Bancshares in Louisiana, Mo. The parent of the $649.9 million-asset HNB National Bank said in a press release that it expects to complete the purchase of Northeast Missouri in the second quarter. The price wasn’t disclosed. Northeast Missouri is the holding company for the $137.2 million-asset Mercantile Bank of Louisiana, Mo. "We view this as a tremendous opportunity for

Encore Bancshares in Little Rock, Ark., has added a Florida banker to its bank’s board. The company said in a press release that Rita Lowman is one of three new directors at the $2.8 billion-asset Encore Bank. Lowman was president of Pilot Bank in Tampa, Fla., which was sold last year to Lake Michigan Credit Union. She subsequently joined the board of Caldwell Trust, a wealth manager in Venice, Fla.

Mid Minnesota Federal Credit Union in Baxter, Minn., has hired a banking veteran as its president and CEO. The $661 million-asset credit union said in a press release that Bob Gerads succeeded Chuck Albrecht, who retired last year. Gerads was the chief deposit officer at Falcon National Bank in Foley, Minn. "I know I speak for the rest of the board when I say we are overjoyed to welcome Bob

First Business Financial Services in Madison, Wis., has a new president. The $2.9 billion-asset company said in a press release that Dave Seiler will remain its chief operating officer. Seiler, who joined the company in 2016, oversees all revenue-generating business lines and various internal operations areas. Seiler succeeded Corey Chambas, who remains the company’s CEO. First Business said Mark Meloy, who was recently CEO of First Business Bank, was named

Richard Hunt is finding ways to stay busy after retiring as CEO of the Consumer Bankers Association. Hunt announced on his LinkedIn page that he had become a senior adviser at Boston Consulting Group and an advisory board member at SentiLink. Hunt led the CBA from 2009 until his retirement last summer.