Press
PSCU executive named CFO of the Year
Tampa Bay Business Journal selects Brian Caldarelli as Top CFO
ST PETERSBURG, FL (February 20, 2015) – PSCU EVP and Chief Financial Officer, Brian Caldarelli, was named overall CFO of the Year by Tampa Bay Business Journal at an awards ceremony held in Tampa yesterday. Brian was selected for the top award from among the CFO of the Year winners across six categories of non-profit and private companies. He was also chosen CFO of the Year from a field of three finalists in the large private company category for firms with annual revenue of $50 million and higher.
The CFO of the Year award recognizes the top Tampa Bay area finance leaders from organizations of all sizes for their contributions to their companies and to the community; ability to strengthen their company’s market position; and for their integrity and ethics management and business practices.
“This is well-earned recognition for Brian and his team,” said Tom Gandre, PSCU Acting CEO. “Brian’s vision and leadership style embodies the elements of collaboration, innovation and empowerment that are helping drive PSCU and its Member-Owner credit unions forward. The progress we’ve made under Brian’s leadership in the areas of Enterprise Risk Management, financial operations and reporting has been phenomenal and directly benefits our ability to continuously improve the service we provide our credit unions.”
PSCU provides direct support for 800 credit unions located throughout the United States. In improving the company’s financial processes and alignment within the organization, Brian also provided significant contributions to the operational performance. As a result, PSCU exceeded the industry growth rate across accounts and transactions, despite increasingly completive pressures within the credit union industry. During 2014, PSCU processed a record 1.9 billion credit and debit card transactions for 18.0 million member accounts. In addition, Brian provided the financial expertise required to secure record contract signings, driving over $450 million of renewed contracts wins for PSCU and successfully completed PSCU’s first acquisition in over 7 years, adding over 100 credit unions to the PSCU reach.
“I am humbled to be recognized in this way and from among such a distinguished group of my peers in the CFO community,” said Caldarelli. “This really is a tribute to the whole team at PSCU for all of the hard work they have invested to position us solidly for continued growth now and into the future.”
About PSCU
Established in 1977, PSCU (St. Petersburg, FL) is the nation’s leading credit union service organization (CUSO). The company is owned by 800 Member-Owner credit unions representing 18.0 million credit, debit, prepaid, online bill payment, mobile and electronic banking accounts. 24/7/365 member support is delivered through contact centers located throughout the United States that handle more than 18 million inquiries a year.