VALLEY FORGE, Pa. - (06/29/06) John Schooler has left aspresident of USERS, the core processor here that is part of theFiserv family of companies. Well-known to many within creditunions, Schooler was promoted from within USERS to replace formerpresident Joe Barry, who left the position after being promoted toPresident of the Fiserv Credit Union Eastern Region. In a letter tocredit union clients, Barry provided no reason for the departureand said a new president will be named as soon as possible, andthat the company will be guided during the transition by thecompany's senior management team. For many years USERS was thelargest CUSO operating within the credit union community before itwas acquired by Fiserv.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
2h ago -
JPMorganChase wants to expand its digital bank offerings to three more European countries, according to a new Financial Times report; M&T Bank Corp. elects Jerry Jacobs Jr. to the board of directors of both its parent and banking subsidiary; Citizens Financial Group names Chris Emerson as head of investor relations; and more in this week's banking news roundup.
June 19 -
Banks that don't embrace embedded payments now risk losing out to more nimble rivals in the near future.
June 19 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18









