PSCU Appoints New Board Member and Recognizes Retiring Member for Service

St. Petersburg, Fla. — (July 16, 2020) — PSCU, the nation’s premier payments credit union service organization (CUSO), announced that Chris Shockley, president and CEO of Virginia Credit Union, Va., has been appointed as a board member. Shockley is replacing Eugene (Gene) Foley, longtime president and CEO of Harvard University Employees Credit Union, Mass., and member of the PSCU Board of Directors, who is retiring from both roles.

“We are extremely grateful to Gene for his significant contributions to our board and PSCU during his tenure as a director. He has been instrumental in supporting the development of many important strategic initiatives that have positioned PSCU to effectively support the rapidly evolving needs of the credit union industry. The entire board joins me in thanking him for his dedication and service to the CUSO,” said Cathie Tierney, president and CEO of Community First Credit Union, Wisc., and PSCU board chair. “We remain confident that the strong leadership of PSCU’s board and executive team will continue to lead the organization and support its Owner credit unions with further growth and success.”

Prior to his retirement, Foley served on the PSCU board for 11 years. Shockley, who served as an associate director for the past three years, will assume Foley’s role as board member.

“There are not enough words to describe how honored and proud PSCU has been to have Gene serve on our board for more than a decade, and we wish him and his family nothing but the best in his retirement,” said Chuck Fagan, president and CEO of PSCU. “We are also confident in Chris and greatly value his leadership as part of our board. We look forward to continuing to work with our entire board as we continue to deliver expanded digital capabilities, enhanced security and an unparalleled member experience to our Owner credit unions and their members for years to come.”

PSCU’s board of directors comprises CEOs from credit unions of all asset sizes and varying fields of membership from diverse geographic locations in the U.S. The experience and perspectives of PSCU board members contribute greatly to the overall strength of the cooperative.

PSCU’s board includes: Cathie Tierney, president and CEO of Community First Credit Union, Wisc. (Chair); Sean Rathjen, president and CEO of Consumers Credit Union, Ill. (Vice Chair); Frank Weidner, president and CEO of Wings Financial Credit Union, Minn. (Treasurer); Andrew Rosen, president and CEO of Hawaii State Federal Credit Union, Hawaii (Secretary); Jeff March, president and CEO of Citadel Federal Credit Union, Pa. (Past Chair); Craig Esrael, president and CEO of First South Financial Credit Union, Tenn.; Cathy Pace, president and CEO of Allegacy Federal Credit Union, N.C.; Amy Sink, president and CEO of Interra Credit Union, Ind.; Kit Snyder, president and CEO of Consumers Credit Union, Mich.; Rob Stuart, president and CEO, OnPoint Community Credit Union, Ore.; Mark Robnett, president and CEO of Justice Federal Credit Union, Va. (Associate Director); and Nathanael Tarwasokono, president and CEO of Firstmark Credit Union, Texas (Associate Director).

About PSCU
PSCU, the nation’s premier payments CUSO, supports the success of 1,500 credit unions representing more than 3.8 billion transactions annually. Committed to service excellence and focused on innovation, PSCU’s payment processing, risk management, data and analytics, loyalty programs, digital banking, marketing, strategic consulting and mobile platforms help deliver possibilities and seamless member experiences. Comprehensive, 24/7/365 member support is provided by contact centers located throughout the United States. The origin of PSCU’s model is collaboration and scale, and the company has leveraged its influence on behalf of credit unions and their members for more than 40 years. Today, PSCU provides an end-to-end, competitive advantage that enables credit unions to securely grow and meet evolving consumer demands. For more information, visit pscu.com.