Chuck Fagan news and trends

Velera CEO: Credit Unions Need Gen Z Consumers to Gain ‘Velocity’
Credit Unions // June 18, 2024

The average credit union member is 53 years old. Reasonably affluent, well traveled down the journey of life’s financial goals — and well aware of the personalized and community approach of the credit union (CU) itself. But as is the case with any business, credit...

PSCU/Co-Op Solutions Combination Creates Innovation ‘Aggregator’ for Credit Unions
Credit Unions // February 21, 2024

Mergers are born of the principle that a combination of enterprises is greater than the sum of the respective parts. Chuck Fagan, president and CEO of PSCU/Co-op Solutions, told Karen Webster that PSCU’s combination with Co-op Solutions will create an end-to-end aggregator of digitally enhanced...

Credit Union Groups PSCU and Co-op Solutions Close Merger Deal
Credit Unions // January 02, 2024

Credit union service organizations PSCU and Co-op Solutions say they’ve closed their agreement to combine.  Beginning Tuesday (Jan. 2), the two groups will integrate under a holding company led by a combined executive leadership team and board of managers, with Chuck Fagan, formerly president and CEO of PSCU, acting...

‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy
Financial Inclusion // October 11, 2023

The U.S. consumer is barely making ends meet and is one emergency expense away from financial dire straits. They’re also in need of financial education and some guidance before things get worse. That’s according to Sezzle CEO Charlie Youakim, PSCU President and CEO Chuck Fagan...

Interviews & Exclusives
Velera CEO Says Regulation and Cybersecurity Top Credit Union Watch List

September 04, 2024
Careful contingency planning and watching shifts and trends can help firms be prepared for challenges, Velera CEO Chuck Fagan writes in a new PYMNTS eBook, “Beyond the Horizon: How to Identify Unexpected Threats That Could Impact Your Business.”   The past four years have shown us that industry leaders should always keep an eye out […]

‘Candid Conversations’ and Credit Building Help Consumers Survive the Paycheck-to-Paycheck Economy

October 11, 2023
The U.S. consumer is barely making ends meet and is one emergency expense away from financial dire straits. They’re also in need of financial education and some guidance before things...

PSCU CEO: Credit Unions Will Weather the Battle for Deposits Amid Profit Crunch

July 25, 2023
Earnings season is underway, spotlighting a new reality for smaller banks in a long, hot summer. “They’ve had to re-engineer managing their business from just two years ago,” Chuck Fagan,...

Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Looms

June 13, 2023
July 2023 will mark the second time in six years that a new real-time payments rail will go live in the United States. And with it comes a lot of...

Quick Reads
Credit Union Groups PSCU and Co-op Solutions Close Merger Deal

January 02, 2024
Credit union service organizations PSCU and Co-op Solutions say they’ve closed their agreement to combine.  Beginning Tuesday (Jan. 2), the two groups will integrate under a holding company led by a combined executive leadership team and board of managers, with Chuck Fagan, formerly president and CEO of PSCU, acting as CEO of the new organization. A new brand for […]

PSCU Adds Cardinal Credit Union President, CEO Christine Blake to Board

October 26, 2022
Payments credit union service organization (CUSO) PSCU has appointed Christine Blake, president and CEO of Ohio-based Cardinal Credit Union, as an associate director to its board.  Blake has served as...