The $385 million First South Financial Credit Union of Bartlett, Tenn., is adding to its Memphis-area footprint by merging the $12 million Dyersburg CU.
Craig Esrael, chairman of the board of PSCU Financial Services, said a succession plan made years before had helped lead the giant payments CUSO to choose a relatively little known payment executive as its next CEO.
PSCU Financial Services will send over $21 million back to participating credit unions this year on transactions the credit unions conducted in 2010, the giant payments CUSO announced.
Greylock Federal Credit Union, Pittsfield, Mass., announced the promotion of managers Matt Chaput, Janine Maschino and Victoria May. Chaput, who will
PSCU Financial Services is moving forward under team management while its board of directors launches a search to replace long-time CEO David Serlo.
PSCU Financial Services is being lead by a team of executives put in place while former long-term CEO David Serlo was on medical leave while its board conducts a search for a new CEO.
PSCU Financial Services, a major payment processing CUSO, announced that its credit union owners will receive a total dividend of $17.9 million dollars from its 2009 operations.
At 24 years old, right out of graduate school, Craig Esrael took over First South Credit Union in Bartlett,