Payments credit union service organization (CUSO) PSCU has appointed two financial services industry veterans to its board.
California Coast Credit Union President and CEO Todd Lane and Border Federal Credit Union President and CEO Maria J. Martinez will serve as associate directors, according to a Tuesday (July 20) announcement emailed to PYMNTS.
Lane has over three decades of management experience in the financial services sector. He became president and CEO of California Coast Credit Union in 2014 after working in the role of chief financial officer beginning in 2009. He presently serves as the Neighborhood House Association’s director and sits on the San Diego State University Alumni Association board. In addition, Lane serves as a director on the Cal Coast Cares Foundation board.
He holds a master’s in business administration from Pepperdine University and a bachelor’s in finance from San Diego State University.
Martinez has served as the president and CEO of Border Federal Credit Union (BFCU) since 1997. She presently serves on the Credit Union National Association (CUNA) board of directors, representing CUNA’s District 5, Class A credit unions, and is a member of the boards of CUNA Strategic Services and CUNA’s CU Awareness LLC. Martinez serves as a founding member and the chairwoman of the National Association of Latino Credit Unions & Professionals (NLCUP). She is also a founding member and vice-chairwoman of the Credit Union Women’s Leadership Alliance (CUWLA). In addition, Martinez serves as a member of the CU DEI Collective, of which PSCU is a founding organization.
Martinez holds a bachelor’s of business administration in accounting from Our Lady of the Lake University and is a credit union development educator (CUDE).
“It is our pleasure to welcome Todd and Maria to our board of directors,” PSCU President and CEO Chuck Fagan said in the announcement. “The expertise, guidance and diversity of thought that leaders like Todd and Maria bring to the cooperative allow us to continue making smart, strategic decisions that strengthen and better the organization. We look forward to the invaluable insights they will each bring to the PSCU cooperative.”
The news comes as PYMNTS reported that credit union (CU) members are more satisfied with CUs’ innovation performances than they have ever been, with eight in 10 now saying they believe their CUs innovate “somewhat” or “very” well.