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CULedger Welcomes Credit Union Leaders to Its Board of Directors

September 20, 2018

DENVER--(BUSINESS WIRE)--Sep 20, 2018--CULedger, a credit union-owned CUSO that focuses on delivering innovative applications to credit unions through its cross-border global distributed ledger platform, appointed ten members to its newly created board of directors.

Each board member was carefully selected due to his/her unique experience and deep expertise in working with credit unions. The board of directors are responsible for providing strategic guidance to CULedger as the organization rapidly moves into its next stage of development. CULedger started as a research-to-action initiative in 2016 and became its own entity in June 2017. The company plans to launch its pilot program later this year.

The members of the CULedger Board of Directors are:

Ron Amstutz, executive vice president, Desert Financial Credit Union (Ariz.)

Tony Boutelle, president and CEO, CU Direct (Calif.)

Scott Earl, president and CEO, Mountain West Credit Union Association (Colo.)

Chuck Fagan, president and CEO, PSCU (Fla.)

Eric Gelly, president, CUNA Strategic Services (Wis.)

Gordon Howe, president and CEO, UNIFY Financial Credit Union (Calif.)

Brandon Riechers, president and CEO, Royal Credit Union (Wis.)

Christopher Saneda, senior executive vice president and COO, Virginia Credit Union (Va.)

Mike Valentine, president and CEO, Baxter Credit Union (Ill.)

Frank Weidner, president and CEO, Wings Financial Credit Union (Minn.)

The first board meeting took place earlier this month, during which the following officers were named:

Gordon Howe, At Large

Mike Valentine, Board Chairman

Ron Amstutz, Vice Chair

Chuck Fagan, Treasurer

Christopher Saneda, Secretary

“Our board is comprised of credit union leaders with proven histories of valuable insights into the evolving needs of the industry, and we are thrilled to have their expertise guiding CULedger,” said John Ainsworth, president and CEO of CULedger. “We couldn’t be more pleased with these appointments and the dedication that each has to cultivating the future of our industry.”

About CULedger Denver-based CULedger is a credit union-owned CUSO that focuses on delivering innovative applications to credit unions through its cross-border global distributed ledger platform. In working through a national consortium made up of credit unions and trusted industry investors, CULedger has pioneered new developments related to global self-sovereign digital identity that will further enhance the trust credit unions have with their members. CULedger provides advantages to credit unions and their members by reducing risks associated with cybersecurity and fraud, improving member experience, streamlining internal processes and reducing administrative and operational costs. To learn more about CULedger, visit www.culedger.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180920005103/en/

CONTACT: William Mills Agency

Joelle Chiasson, 678-781-3074

joelle@williammills.com

KEYWORD: UNITED STATES NORTH AMERICA COLORADO

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT SOFTWARE SECURITY PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: CULedger

Copyright Business Wire 2018.

PUB: 09/20/2018 09:02 AM/DISC: 09/20/2018 09:02 AM

http://www.businesswire.com/news/home/20180920005103/en

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