ROCKVILLE, Md. - Ongoing Operations LLC, a Maryland-based business continuity CUSO, has added a seventh credit union investor, named a CEO and will open for business early next year in a new facility. Ongoing Operations LLC will be sited in a 32,000-square-foot facility in Hagerstown, strategically located for credit unions in the Mid-Atlantic region to use its business continuity offerings such as data processing, phone service and office space. Kirk Drake, vice president of information technology at $375 million National Institutes of Health FCU in Rockville, has been named president and CEO of the new venture (www.ongoingoperations.com) in addition to his current duties. Ongoing Operations' new investor is $165 million Agriculture FCU in Washington, D.C. It joins NIH FCU, Northwest FCU, Department of Labor FCU, Synergy One FCU, Transportation FCU and HEW FCU as the CUSO's backers.
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