USERS President Exits

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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.

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