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PSCU chair announces new direction, thanks Mike Kelly for service

in The Bay and the 'Burg/Top Headlines by

PSCU, the nation’s leading provider of services to credit unions, announced a renewed company focus during the search for a replacement for former CEO Michael Kelly.

In a statement released today, PSCU Chairman of the Board Mike Valentine outlined a new strategy under the temporary leadership of Tom Gandre, who had served as executive vice president and chief operating officer.

Valentine also expressed appreciation for Kelly, who left after four years as CEO, saying he “transformed the business model and positioned the organization for new growth.” Valentine added that there is a plan now in place to “move the organization forward” while the company searches for Kelly’s replacement.

“Mike was a change agent who helped PSCU and its stakeholders gain visibility and momentum in the marketplace and successfully positioned PSCU for the future,” Valentine said. “PSCU appreciates his contributions over the past four years and wishes him well in his future endeavors.”

Kelly, who had been with the PSCU since 2011, stepped down on Feb. 9. He previously served as general manager of payments network for New Jersey-based Fiserve Inc.

Headquartered in St. Petersburg, PSCU is a private organization servicing nearly 800 credit unions nationwide. The member-owned firm is the leading Credit Union Services Organization (CUSO) in the U.S.

Phil Ammann is a St. Petersburg-based journalist and blogger. With more than three decades of writing, editing and management experience, Phil produced material for both print and online, in addition to founding His broad range includes covering news, local government and culture reviews for, technical articles and profiles for BetterRVing Magazine and advice columns for a metaphysical website, among others. Phil has served as a contributor and production manager for SaintPetersBlog since 2013. He lives in St. Pete with his wife, visual artist Margaret Juul and can be reached at and on Twitter @PhilAmmann.

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