A senior executive from PSCU has been named the new president and CEO of CUES.
Charles “Chuck” Fagan III will assume the post at the Madison, Wis.-based credit union leadership organization on Jan. 3, CUES said.
He succeeds Fred Johnson, who retires on Dec. 31 after 23 years at the helm of the 50-year-old organization.
Fagan has been with the St. Petersburg, Fla.-based PSCU since 1997, most recently as executive vice president.
“CUES has been fortunate to have Fred Johnson’s leadership over the past 23 years. Fred not only had a profound impact on CUES but also the credit union movement,” said CUES Chairman Lary McCants, president/CEO of the $856 million IBM Southeast FCU in Boca Raton, Fla.
“With his 24 years of experience in the credit union industry, Chuck will build upon Fred’s legacy and ensure CUES remains vibrant and relevant for current and future leaders. As CUES begins its next 50 years of service, we are excited to have Chuck taking the helm,” McCants said.
Fagan, a CUES member who led PSCU’s national sales and client relationship teams after stints at EDS and Virginia Credit Union, said, “The privilege to lead the CUES organization in a time of great opportunity for credit unions is one that I honor and embrace. Credit union leaders will continue to benefit from the insights, education and thought leadership that CUES provides, particularly in a climate of continual change and innovation.”
PSCU President/CEO Mike Kelly credited Fagan with helping PSCU bring emerging payment technologies to its member-owned credit unions.
“PSCU’s leadership position in the credit union industry is due in no small part to the dedication, excellence and professionalism of Chuck Fagan,” said Mike Kelly, PSCU’s CEO and President. “CUES is gaining a passionate executive who fully understands the role and value of the CUSO to the ongoing health of credit unions.”
CUES said it worked with the JMFA Executive Search Group on the selection of Johnson’s successor.