News from the Wire

Velera appoints new member to Board of Directors

Tuesday, November 12, 2024 — 12:57:03 (EST)

St. Petersburg, Fla. (Nov. 12, 2024) – Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – today announced the appointment of Joan Opp, president and CEO of Stanford Federal Credit Union, as a member of its Board of Directors. Opp replaces former Velera board member and previous president and CEO of Alliant Credit Union Dennis Devine.

“Formerly Co-op Solutions’ board chair and currently a special advisor to the Velera Board of Directors, Joan has played an important role in helping guide our organization through the PSCU/Co-op Solutions combination and into our future as Velera,” said Chuck Fagan, president and CEO of Velera. “We are extremely pleased to welcome her as a member of the Velera board and are confident her skills and industry expertise will help us continue to deliver innovative solutions, services and support for our credit unions.”

“Velera’s Board of Directors comprises CEOs from credit unions of various asset sizes and membership types, representing diverse regions across the country. These distinct perspectives play a crucial role in strengthening Velera’s overall offerings and capabilities,” said Frank Weidner, chair of the Velera Board of Directors and president and CEO of Wings Financial Credit Union. “On behalf of the board, we welcome Joan and look forward to continuing to work together to help position credit unions to achieve their objectives and compete in today’s evolving payments landscape.”

Additional Velera Board of Directors members include:

Christine Blake, president and CEO, Cardinal Credit Union, Ohio (Associate Director) Jackie Buchanan, president and CEO, Genisys Credit Union, Mich. Ezra Eckhardt, president and CEO, Spokane Teachers Credit Union, Wash. Craig Esrael, president and CEO of First South Financial Credit Union, Tenn. Todd Lane, president and CEO, California Coast Credit Union, Calif. (Associate Director) Maria J. Martinez, president and CEO, Border Federal Credit Union, Texas (Associate Director) Rudy Pereira, president and CEO, Premier America Credit Union, Calif. Sean Rathjen, CEO of Consumers Credit Union, Ill. Mark Robnett, president and CEO of Justice Federal Credit Union, Va. (Associate Director) Andrew Rosen, president and CEO of Hawaii State Federal Credit Union, Hawaii Chris Shockley, president and CEO of Virginia Credit Union, Va. Amy Sink, CEO of Interra Credit Union, Ind. Rob Stuart, president and CEO, OnPoint Community Credit Union, Ore. Nathanael Tarwasokono, president and CEO of Allegacy Federal Credit Union, NC Cathie Tierney, president and CEO of Community First Credit Union, Wis.

About Velera

Velera, formerly PSCU/Co-op Solutions, is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, the company serves more than 4,000 financial institutions throughout North America, operating with velocity to help its clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Velera leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio that includes payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, collections, ATM and POS networks, shared branching and 24/7/365 member support via its contact centers. For more information, visit velera.com.

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Source: Company press release.