Credit Union 24's board of directors has chosen to remain under the leadership of Mansel Guerry for a fourth term. Guerry has served as chairman of the credit union-owned ATM and POS network since 1998.
Guerry has overseen the growth of Credit Union 24's national POS network to the point where it is the only credit union-owned POS network that is compliant with Durbin amendment regulations and thus available for use on credit union debit cards.
It has also joined the chorus of organizations and analysts that have advised credit unions to move from many different debit networks to having only the minimum number required by federal regulation.
“Mansel’s leadership during the past three years as chairman has guided our credit union-owned network to continued growth and success despite a difficult economic climate, and challenges with industry regulations and market fluctuations,” said Jim Park, CEO of Credit Union 24. “Our board of directors is confident in his guidance and the future direction of Credit Union 24, and we are extremely grateful for his many years of service to our network, both as chairman and his many years of service to the board prior to this role.”
Guerry is CEO of the 5000 member, $29 million Brightview Credit Union, a federally chartered CU headquartered in Ridgeland, Miss. It was formerly called Mississippi Employees Federal Credit Union.
“Mansel has provided strong leadership during this period of significant change for credit unions, the payments business and Credit Union 24,” said David Mooney, Credit Union 24 board member and CEO of Alliant Credit Union based in Chicago, Ill.
“With a facilitative, collaborative style, he has guided the development of Credit Union 24’s strategy, addressing and resolving critical strategic questions. Mansel is highly committed to credit unions’ mission and success, and that of the credit union-owned Credit Union 24 network, and brings a strong sense of responsibility and stewardship to his role as chairman. He promotes participation and engagement of directors, soliciting input and recognizing contributions, and works effectively with the company’s management, providing appropriate oversight and support while respecting management’s role.”