Velera Appoints New Member to Board of Directors

St. Petersburg, Fla. (Nov. 12, 2024) – Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – today announced the appointment of Joan Opp, president and CEO of Stanford Federal Credit Union, as a member of its Board of Directors. Opp replaces former Velera board member and previous president and CEO of Alliant Credit Union Dennis Devine.

“Formerly Co-op Solutions’ board chair and currently a special advisor to the Velera Board of Directors, Joan has played an important role in helping guide our organization through the PSCU/Co-op Solutions combination and into our future as Velera,” said Chuck Fagan, president and CEO of Velera. “We are extremely pleased to welcome her as a member of the Velera board and are confident her skills and industry expertise will help us continue to deliver innovative solutions, services and support for our credit unions.”

“Velera’s Board of Directors comprises CEOs from credit unions of various asset sizes and membership types, representing diverse regions across the country. These distinct perspectives play a crucial role in strengthening Velera’s overall offerings and capabilities,” said Frank Weidner, chair of the Velera Board of Directors and president and CEO of Wings Financial Credit Union. “On behalf of the board, we welcome Joan and look forward to continuing to work together to help position credit unions to achieve their objectives and compete in today’s evolving payments landscape.”

Additional Velera Board of Directors members include:

About Velera

Velera, formerly PSCU/Co-op Solutions, is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, the company serves more than 4,000 financial institutions throughout North America, operating with velocity to help its clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Velera leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio that includes payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, collections, ATM and POS networks, shared branching and 24/7/365 member support via its contact centers. For more information, visit velera.com.