Chuck Fagan

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

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...

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

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...

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

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...

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

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...

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PSCU CEO: Credit Unions Will Weather the Battle for Deposits Amid Profit Crunch
PSCU CEO: Credit Unions Will Weather the Battle for Deposits Amid Profit Crunch
July 25, 2023  |  Credit Unions

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...

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Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Looms
Credit Unions Gear Up to Build Instant Payments Ecosystems as FedNow Looms
June 13, 2023  |  Credit Unions

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...

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PSCU CEO Says Consumer Trust in Credit Unions Remains Resilient
PSCU CEO Says Consumer Trust in Credit Unions Remains Resilient
March 23, 2023  |  Credit Unions

Not too long ago, Main Street America did not know Silicon Valley Bank existed. But now they’ve watched a series of bank runs in real...

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FinTechs Team With Credit Unions to Deliver Banking’s ‘Marketplace Model’
FinTechs Team With Credit Unions to Deliver Banking’s ‘Marketplace Model’
February 24, 2023  |  Credit Unions

Credit union members are famed for their loyalty. That historic bond is being tested as more CUs take a cautious approach to digital innovation due...

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Members Will Stay Loyal When Credit Unions Stop Being Digital ‘Laggards’
Members Will Stay Loyal When Credit Unions Stop Being Digital ‘Laggards’
February 13, 2023  |  Credit Unions

For credit unions, short-changing innovation will have long-term, negative consequences. PSCU CEO Chuck Fagan told Karen Webster that in order to keep members loyal, CUs...

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