First Exchange Bank in White Hall, W.Va., has finalized its CEO succession plan. The $383.5 million-asset bank announced in a press release that Clayton Rice will assume leadership on Nov. 1. Rice, the bank's chief lending officer, will succeed Bill Goettel, who is retiring. The board " is deeply grateful for the leadership and vision that Bill Goettel has provided during his tenure," James Boyers, First Exchange's chairman, said in

The Consumer Financial Protection Bureau reopened debate over open banking, issuing a new advance notice of proposed rulemaking The notice, which kicks off a rewrite of the CFPB's Section 1033 data-access rule, is scheduled to appear in the Federal Register on Aug. 22, with public comments due 60 days later, around Oct. 21, 2025. With this step, the bureau is formally moving away from the Biden-era framework it finalized last

The California Credit Union League has rebranded. The association said in a press release that it changed its name to California’s Credit Unions to better reflect its mission and the 245 members it represents. “Our new name, California’s Credit Unions, is the fullest expression of who we are and the role we hold in the lives of Californians,” Scott Simpson, the association's president and CEO, said in the release. “It

BancPlus in Ridgeland, Miss., is making several executive and board moves. The $8 billion-asset company said in a press release that Kirk Graves will become its chairman, president, and CEO on Jan. 1. Graves, the company's chief operating officer, will also become president and CEO of BankPlus on July 1. Graves will succeed Bill Ray at BancPlus and Jack Webb after each executive retires. He will also succeed Bryan Jones

Dedham Institution for Savings in Dedham, Mass., has a new leader lined up. The $2.5 billion-asset bank said in a press release that Victoria Kane will take on the role on Sept. 1. Kane, who is chief people officer, will succeed Peter Brown, who remains the bank's CEO and chairman and CEO of its holding company. Kane will succeed Brown as CEO when he retires on Dec. 31. Jim Dunphy

Cooperative Bank of Cape Cod in Yarmouth Port, Mass., has its next CEO lined up. The $1.6 billion-asset bank said in a press release that Erik Porter will also become its president in October. Porter, who is the chief financial officer, will succeed Lisa Oliver, who is retiring. “The talented and hardworking team at The Coop is one of the institution’s greatest strengths, and I look forward to collaborating with

Atlantic Union Bankshares in Richmond, Va., is continuing to cut jobs tied to its recent acquisition of Sandy Spring Bancorp in Olney, Md. The company disclosed in a WARN Act notice that it plans to eliminate 51 positions in a former Sandy Spring operations center in Columbia, Md. The cuts will take place in October. Atlantic Union previously disclosed plans to lay off 49 people in Sandy Spring's Olney operations.

Triumph Financial in Dallas is cutting about 5% of its workforce. The $6.5 billion-asset company disclosed in a regulatory filing that the layoffs, along with other initiatives, should lead to about $4.5 million of charges, mostly occurring in the third quarter. Based on Triumph's full-time employee count on June 30, that would be about 80 positions. Other cost-cutting moves will include reductions in facilities, legacy technology, vendor spend, and travel.