Payments Orientation for Credit Union Board Members
August 6, 2025 7:30 amBy Merry Pateuk, SVP, Industry Engagement, Velera
As a leader in the financial services industry, you understand how rapidly the payments landscape is evolving, driven by emerging technologies, shifting regulations, and increasing competition. We know credit unions are deeply engaged in navigating these changes. We also recognize that credit union board members, who bring diverse expertise and perspectives, may not always have that same level of exposure to the intricacies of the payments ecosystem.
At Velera, we understand that an informed and engaged board is essential to a credit union’s long-term success. When board members have a solid understanding of the payments environment, they are better positioned to support strategic decisions, anticipate challenges, and champion opportunities that benefit credit union members.
To support this, we’ve created a concise infographic that provides a high-level overview of the payments landscape. This resource is designed to help board members quickly grasp the significance of payments as a key revenue driver and understand how policy and regulatory developments at both the state and federal levels can impact credit unions nationwide.
Velera is the nation’s premier credit union service organization (CUSO) and an integrated fintech solutions provider, serving more than 4,000 financial institutions. They are also a valued partner of Montana’s Credit Unions. You can learn more about them on our website.
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