Chuck FaganPSCU has returned to the foundations laid by its founder David Serlo. The CUSO announced Friday it selected Chuck Fagan as CEO to replace former CEO Mike Kelly.

Kelly left PSCU abruptly on Feb. 9 and the nationwide payments CUSO named Chief Operating Officer Tom Gandry as interim CEO. Gandry will return to his former position on April 27 when Fagan takes the helm.

"Our board is delighted to welcome Chuck back to PSCU," said Mike Valentine, chairman of PSCU's board of directors, in a statement about the appointrment. "Chuck is credit union through-and-through and is the right, seasoned, proactive leader to develop and execute PSCU's vision for credit union success."

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