AACUC to honor Chuck Fagan at 2026 annual conference

By AI, Created 3:11 PM UTC, May 29, 2026, /AGP/ – The African-American Credit Union Coalition will recognize retiring Velera President and CEO Chuck Fagan at its annual conference Aug. 3-6 in Alpharetta, Georgia. The honor underscores Fagan’s nearly four decades in the credit union industry and AACUC’s continued focus on leadership, diversity and industry partnerships.

Why it matters: - AACUC is spotlighting a longtime credit union executive whose work has shaped digital banking, payments and fraud prevention across the industry. - The recognition comes as Velera prepares for a leadership transition, with Fagan set to retire Sept. 30, 2026. - The conference is expected to draw more than 400 credit union professionals, giving AACUC a high-profile stage to reinforce its mission around diversity and leadership development.

What happened: - The African-American Credit Union Coalition will honor Charles “Chuck” Fagan III at AACUC’s 2026 Annual Conference Aug. 3-6 at The Hotel at Avalon in Alpharetta, Georgia. - Fagan will be recognized during the keynote luncheon on Tuesday, Aug. 4. - AACUC described the award as a tribute to Fagan’s contributions to the credit union industry over nearly four decades. - Velera announced in March that Fagan will retire at the end of its fiscal year on Sept. 30, 2026.

The details: - Fagan became president and CEO of Velera in January 2024. - Before Velera formed from the combination of PSCU and Co-op Solutions, Fagan served as president and CEO of PSCU beginning in April 2015. - Earlier in his career, Fagan led the Credit Union Executives Society and held leadership roles at Virginia Credit Union and Electronic Data Systems. - The conference is positioned as a networking and learning event for credit union professionals from across the industry. - Registration information is available at More information.

Between the lines: - AACUC is using the conference to recognize a leader who has been closely tied to industry modernization and sector advocacy. - The honor also reflects AACUC’s emphasis on partnerships with executives who have backed the organization’s diversity and professional development work. - Renée Sattiewhite, AACUC president and CEO, said Fagan has been a transformative figure and an invaluable partner. - Sattiewhite said Velera under Fagan’s leadership became an industry leader in online banking, digital wallets and fraud prevention. - Fagan called AACUC’s commitment to strengthening credit unions and their staff, leadership and boards remarkable.

What’s next: - AACUC’s annual conference will run Aug. 3-6, with the honor presentation set for the Aug. 4 keynote luncheon. - Fagan’s retirement from Velera is scheduled for Sept. 30, 2026. - AACUC said it expects the conference to bring together professionals from every corner of the credit union industry.

The bottom line: - AACUC is pairing a major industry recognition with one of its most important annual events, and the moment doubles as a sendoff for a top credit union executive.