SNELLVILLE, GA – The African-American Credit Union Coalition (AACUC) said it plans to honor Charles “Chuck” Fagan III, retiring president and CEO of Velera, during AACUC’s 2026 Annual Conference.
The event is set for August 3-6 at the Hotel at Avalon in Alpharetta, Georgia.
According to AACUC, Fagan will be recognized for his extraordinary contributions to the credit union industry spanning nearly four decades, during the keynote luncheon on Aug. 4.
Fagan was appointed president and CEO of Velera in January 2024. Prior to the combination of PSCU and Co-op Solutions to form Velera, he served as president and CEO of PSCU since April 2015. Previously, Fagan served as president and CEO of the Credit Union Executives Society (CUES). Earlier in his career, he served in leadership roles at Virginia Credit Union and Electronic Data Systems. In March, Velera announced that Fagan will retire at the end of its current fiscal year on September 30, 2026.
‘Transformative Figure’
“Chuck Fagan has been a transformative figure in the credit union industry,” Renée Sattiewhite, president and CEO of the African-American Credit Union Coalition, said in a statement. “Chuck has been a champion of AACUC and an invaluable partner to me. Under his leadership, Velera has been an industry leader in online banking, digital wallets, and fraud prevention, as well as a strong advocate for the industry. While a giant in the credit union industry is retiring, he has left an indelible mark on the movement.”
‘Endless Inspiration’
The AACUC Annual Conference brings together credit union professionals from around the world for endless inspiration, countless knowledge exchanges, meaningful connections, and immeasurable fun. This year’s event is expected to attract more than 400 attendees from every corner of the credit union industry.
“I am truly honored to receive this recognition from AACUC,” said Fagan in a statement. “AACUC’s commitment to strengthening credit unions and their staff, leadership, and boards is remarkable, and I am incredibly proud of our longstanding partnership. I look forward to seeing the great things that the AACUC will continue to do for our industry.”
