Press
American Airlines FCU’s Angie Owens Elected PSCU Board Member
CUSO also appoints Sean Rathjen, CEO of Consumers CU to Associate Board position
ST. PETERSBURG, FL (June 25, 2013) PSCU has elected Angie K. Owens, President and CEO of American Airlines Federal Credit Union (Fort Worth, TX), to its Board of Directors. Ms. Owens served four years as an Associate Board Member of PSCU. She replaces Hubert Hoosman, who retired from his PSCU board position in 2012. Concurrently, PSCU appointed Sean Rathjen, CEO of Consumers Credit Union (Round Lake Beach, IL), as an Associate Board Member.
“The most important role of a Board Member is to guide and advise the leadership of the company in the appropriate strategic direction,” said Angie Owens. “We have to have our Board hats on, not our credit union CEO hats when in the board room, and we have to remember the day-to-day operations are the responsibility of management. Bringing our collective experiences and skill sets together gives PSCU the best support possible so they can provide the most value to their Member-Owners.”
Angie was named President of American Airlines Federal Credit Union ($5.7 billion assets, 240,000 members) after rejoining the credit union in September 2007. She subsequently assumed the CEO role in July 2008. Prior to that, she served nearly three years as General Auditor for American Airlines and held several management positions within the airline including Managing Director of Corporate Accounting and Managing Director of Investor Relations for Sabre. Additionally, Angie was responsible for the credit union’s Business Development, Credit Education, and Member Special Assistance departments. She started with American Airlines in 1992 following six years at Ernst and Young.
“Angie has been a tremendous addition to our board of directors and has contributed since her very first meeting. She possesses the leadership skills, experience and dedication to the credit union industry that PSCU prizes in its board members,” said Craig Esrael, President and CEO of First South Financial Credit Union and PSCU Board Chairman. “She is a true team player. Her success in leading American Airlines FCU to high levels of prosperity gives her the perspective the board needs to help Member-Owners realize their full potential for growth. It is an honor to work with such a talented leader.”
Sean Rathjen is the CEO of Consumers Credit Union (Round Lake Beach, IL), with $580 million in assets and nearly 57,000 members. Sean joined Consumers CU in 2004 and led the credit union’s transformation from a branch delivery model to a multiple channel strategy. The credit union is highly regarded in Lake County, Illinois, and has been recognized by multiple community groups for its participation in community events and leadership in civic organizations.
“I’m honored to have the opportunity to help ensure that PSCU tightly aligns its strategic direction to meet the needs and objectives of its Member-Owners,” said Sean Rathjen. “That tight alignment and successful execution is key to promoting innovation that is mutually beneficial for both PSCU and its credit unions.”
Prior to Consumers Credit Union, Sean served as the CEO of Blackhawk Credit Union in Janesville, Wisconsin from 2000-2004. He was also the Chief Financial Officer of Sunmark Federal Credit Union in Schenectady, N.Y., from 1992-2002.
“Sean’s stellar reputation precedes him. The PSCU Board is very excited to have Sean join our team,” said Esrael. “His credit union exemplifies the spirit of innovation and energy that differentiates PSCU Member-Owners from other credit unions. His participation on the PSCU Board gives us a fresh voice from a credit union committed to continued growth, relevance and service to their local community.”
PSCU Board members serve three-year terms after which they can be re-elected by a vote of PSCU’s Member-Owner Credit Unions. Associate Board members are appointed by the current Board and provide a pipeline of talented leadership that the CUSO can tap at a future date to become full Board members.
About PSCU
Established in 1977, PSCU (St. Petersburg, Fla.) is the nation’s leading credit union service organization (CUSO) and serves more than 1,500 financial institutions nationwide. As a non-profit cooperative, the company is owned by more than 680 member credit unions representing 16 million credit, debit, prepaid, online bill payment, mobile and electronic banking accounts. Comprehensive 24/7/365 member support is delivered through four Contact Centers located throughout the United States that handle more than 18 million inquiries a year.
PSCU’s MōPRO initiative blends emerging technologies with proven strategies and empowers the CUSO to lead the industry in developing innovative payments solutions. This culture of engagement, agility and energy can enhance both revenue and market share for Member-Owner Credit Unions. For more information, visit the PSCU website at www.pscu.com.