Velera Announces New Executive Committee for Board of Directors

St. Petersburg, Fla. (May 27, 2025) – Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, announced today the appointment of a new executive committee for its Board of Directors.

The following continuing board members are now serving in executive roles:

“It is with great pride that we welcome the incoming executive committee of Velera’s Board of Directors,” said Chuck Fagan, president and CEO of Velera. “Each of these leaders brings a unique blend of expertise and perspective that will be instrumental in shaping our path forward during this pivotal time across the credit union and financial services industries. We are confident their contributions will further strengthen our cooperative and support our continued success.”

Previously serving as an associate director on the board, Mark Robnett, president and CEO of Justice Federal Credit Union, has been appointed to a director role. Robnett replaces former Velera board member and previous president and CEO of Spokane Teachers Credit Union Ezra Eckhardt.

Additional Velera Board of Directors members include:

“On behalf of the incoming executive committee, I can confidently say that we are eager to collaborate with Velera’s board members, made up of leaders representing credit unions of all sizes, fields of membership and regions across the country,” said Cathie Tierney. “Together, we will build on Velera’s strong foundation to help credit unions reach their goals and thrive in today’s dynamic payments environment.”

About Velera
Velera 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.