ST. PETERSBURG, Fla. – Mike Kelly has left as CEO of PSCU. EVP/COO Tom Gandre has been named acting CEO of the CUSO.
In a released statement, PSCU is saying little about Kelly’s departure, noting only that it is “effective immediately.” PSCU said it is launching a search and will look both internally and across the industry for a new CEO.
“Our board has every confidence in Tom’s leadership, our executive team and our world-class employees,” said PSCU Chairman Mike Valentine. “PSCU will continue to focus on creating new core payment products and services that deliver efficiency and enhanced capabilities to our member credit unions.”
Gandre has more than seven years of service with PSCU and more than 25 years in the payments industry. He previously held positions at First Data.
“This transition is an opportunity to assess how PSCU can make an even stronger impact and deepen our relationships with our member credit unions – and ultimately their members,” said Valentine. “As the credit union industry continues to evolve, PSCU will continue to meet the changing needs of our member credit unions.”
PSCU has more than 800 member credit unions representing 18.5 million credit, debit, prepaid, online bill payment, mobile and electronic banking accounts.