Kyle Markland, Hubert Hoosman, Jr., Named to PSCU Financial Services’ Board of Directors

St. Petersburg, FL, February 14, 2008 – PSCU Financial Services announced that Kyle L. Markland, Chief Executive Officer of Affinity Plus Federal Credit Union, St. Paul, Minn., has been named to PSCU Financial Services’ board of directors and Hubert Hoosman, Jr., President and CEO of Vantage Credit Union, St. Louis, Mo., has been appointed as an associate director.
 
“These men have the leadership skills, experience and dedication to the credit union industry that we are looking for on our board. We look forward to working with them to make decisions on behalf of our more than 500 member-owner credit unions,” said David J. Serlo, President and CEO of PSCU Financial Services.

Markland has over 25 years of experience in the credit union industry. He is active in credit union organizations and the Minnesota business community. During his 10-year tenure with Affinity Plus, the credit union’s assets under management have grown from $356 million at year-end 1997 to over $1.3 billion today and membership has grown from 70,000 to over 130,000.

Hubert Hoosman, Jr., has been President and CEO of Vantage Credit Union since 1994 and has worked in the industry for 24 years. Since its inception Vantage Credit Union has grown to over $500 million in assets, more than 93,000 member-owners, and 15 locations serving 19 counties in eastern Missouri, and Madison and St. Clair Counties in Illinois. Hoosman is the former Chairman and, currently, ex officio of the Missouri Credit Union Association. He is a charter member and current Treasurer of the African-American Credit Union Coalition (AACUC) and has been active in many credit union foundations and committees.

The table officers of PSCU Financial Services’ board of directors include: Chairman Craig Esrael, President of First South Credit Union, Tennessee; Vice Chairman Mike Valentine, president of Baxter Federal Credit Union, Illinois; Treasurer Jane Watkins, President of Virginia Credit Union, Virginia; and Secretary Susan Adams, president of Entrust Federal Credit Union, Virginia. Other board members include: Ed Gallagly, Florida Central Credit Union, Florida; Shannon Riley, U.S. First Credit Union, California; John Walling, Christian Community Credit Union, California; Terry West, VyStar Credit Union, Florida; and Darren Williams, Wescom Credit Union, California. Gary J. Oakland, President/CEO of Boeing Employees’ Credit Union, Washington, is an associate board member.

About PSCU Financial Services

Based in St. Petersburg, Florida, PSCU Financial Services is the nation's largest credit union service organization (CUSO) and serves more than 1,100 financial institutions nationwide. As a non-profit cooperative, the company is owned by more than 500 member credit unions representing over 11 million cardholder accounts and more than 580,000 online bill payment subscribers. Its Contact Center handles more than 13 million inquiries a year. PSCU Financial Services maintains an Eastern operations center in St. Petersburg, Florida, and a Western operations center based in Phoenix, Arizona. The cooperative’s wholly owned subsidiary, Digital Dialogue, operates two 24/7 call centers in Detroit, Mich., that specialize in member services, new member acquisition, cross-selling and automated lending solutions.

Established in 1977, the company provides a broad array of cost-effective, high quality financial services that include credit, debit, ATM, prepaid, bill payment and contact center solutions. PSCU Financial Services uniquely offers its members a full range of processing options, any combination from full service to in-house pass through processing for credit, debit and ATM transactions. As a leader in the credit union movement, the company offers gateway access to national and regional networks. It also provides full function ATM terminal driving services. For more information, visit the company's Web site at www.pscufs.com.

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