Michael Kelly has been named the new president/CEO of PSCU Financial Services.
Prior to joining the St. Petersburg, Fla.-based CUSO, Kelly was the general manager of Payments Network for Fiserv Inc. There he was instrumental in creating and implementing payments strategies that are utilized by thousands of financial institutions nationwide, according to PSCU Financial. Kelly was also responsible for identifying new markets and delivery channels for the organization’s payments network.
Dave Serlo, PSCU Financial’s long-time president/CEO, died June 25, 2010 from complications caused by cancer. Mike Yatros had served as interim head of the company, assisted by a team of management executives while the CUSO searched for a permanent president/CEO.
PSCU Financial serves more than 1,500 financial institutions and is owned by more than 680 member credit unions representing 16 million credit, debit, prepaid and online bill payment accounts, according to the CUSO.