At Long Last, CUs Will Have a Voice On Visa Board; Hackney Breaks Ground
SAN FRANCISCO - In a move credit unions have sought for years, Visa USA, the world's largest card brand, has named an executive from the credit union industry to its board of directors.
Robert Hackney, president of Card Services for Credit Unions, the association of credit unions which process their credit card transactions with Fidelity National Information Services, said he will take his seat after an orientation period over the next few weeks. "Boosting board representation of smaller institutions has been a priority as Visa underscores its commitment to balance the needs of all our stakeholders," said John Philip Coghlan, president and CEO of Visa USA. "With his relevant expertise, Bob Hackney will contribute valuable insights that reflect the perspectives of institutions at the community-based end of our membership spectrum, joining Chuck Doyle, Visa USA's long-standing director, representing smaller financial institutions."