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Shared Service Solutions Promotes Scully to CEO

Shared Service Solutions (S3) has promoted Mike Scully from COO to CEO.

Shared Service Solutions (S3), along with its owners Bellco Credit Union, Bethpage Federal Credit Union, and SECU of Maryland, are pleased to announce the promotion of Mike Scully from Chief Operating Officer to Chief Executive Officer.

Scully joined S3 in August 2012 as the COO of the shared services company that supports Bellco Credit Union, Bethpage Federal Credit Union, and SECU of Maryland, operating the call center, collections, member account support, deposit operations, real estate loan underwriting, processing, and servicing departments in Linthicum, Maryland, and a consumer lending group in Greenwood Village, Colorado. Scully was brought in for his extensive operations experience work with the credit unions’ leadership teams to build the company from the ground up.

In the past three years, S3 has grown to 440 employees under Scully’s direction as COO. On April 15, 2015, S3 was jointly recognized with its sister CUSO, OTS, by NACUSO with the Collaboration and Innovation Award. The award is presented to credit union service organizations (CUSO) that exhibit excellence and innovation in utilizing the collaborative model to bring new solutions to the credit union industry.

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“Building a company from the ground up is a very difficult thing to do. Mike has done a good job in hiring the right talent, and ensuring the right tools and technology are in place to get the job done. Service excellence for our members cannot be compromised, and Mike ensures our members get that service,” said Rod Staatz, CEO of SECU and the Chair of the S3 Governing Board.

Scully has been in the financial services industry for 25 years, with 10 years at Wells Fargo. He lives in Maryland with his wife, Julie, and four sons. When he is not at S3, he spends most of his time on baseball, soccer and lacrosse fields with his sons.

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About S3 Shared Service Solutions

Located in the Baltimore/Washington corridor, S3 Shared Service Solutions, LLC is a credit union service organization (CUSO) that is guided by a relentless focus to meet and exceed the expectations of the credit unions we serve. As a solutions-based operations support provider, our client base comprises leading financial institutions with combined assets in excess of $11 billion with over 720,000 members.

S3 implements and supports collaborative business solutions for our partner credit unions in the areas of Deposit Operations, Real Estate Lending, Consumer Lending, Collections, and Call Center Operations. Striving for excellence in everything we do, our goal is to deliver high-quality, cost-effective services to our credit union partners so they can invest in the futures of their organizations and most importantly, their members.

About Bellco Credit Union

Bellco is one of Colorado’s largest financial institutions, with more than $2.5 billion in assets and 21 branches in Colorado. Founded in 1936, Bellco offers a full range of financial products and services including mortgages, auto loans and checking accounts. Today, Bellco has more than 234,000 customers who benefit from the advantages of a credit union, including lower interest rates on loans, higher yields on savings and access to thousands of ATMs nationwide. Bellco actively supports the community by donating funds and employee volunteer hours to many Denver-area and Grand Junction organizations. “Like” Bellco on Facebook or “follow” @Bellco_CU on Twitter. Bellco is federally insured by NCUA and an Equal Housing Lender.

About Bethpage Federal Credit Union

Bethpage Federal Credit Union is a not-for-profit financial cooperative, existing solely to serve its members and has experienced rapid growth in recent years to become a strong alternative to banks. Bethpage was approved for the largest federal community charter in the U.S. in 2003 and now is New York State’s largest credit union and Long Island’s primary community financial institution with 255,000 members, 33 full service branches and more than 60 Shared Branches throughout Nassau and Suffolk Counties. As a financial cooperative, Bethpage offers the bestin-market rates, low fees and world-class service, and a full menu of personal and commercial financial services. Bethpage maintains branch locations in Albertson, Baldwin, Bay Shore, Bay Shore King Kullen, Bethpage, Centereach, Central Islip, Commack King Kullen, East Meadow NuHealth Medical Center, East Northport, Elmont, Farmingdale, Freeport, Glen Cove, Hempstead, Huntington, Levittown King Kullen, LIU Post (Brookville), Long Beach, Lynbrook, Massapequa, Melville, Mineola, North Babylon, Patchogue, Port Jefferson, Riverhead, Roosevelt, Seaford, Smithtown, Valley Stream King Kullen, West Babylon and Westbury with over 500 surcharge-free ATMs in King Kullen, CVS Pharmacy and Costco locations throughout Long Island. For more information, call 1-800-628-7070 or visit www.bethpagefcu.com.

About SECU

SECU was founded in Baltimore in 1951 and is the largest credit union in Maryland, with over 230,000 members. SECU is ranked among the top 50 credit unions for total assets in the U.S. As of September, 2014, assets were $2.8 billion. Headquartered in Linthicum, MD, SECU has 22 branches and 106 ATMs throughout Maryland. SECU also provides access to over 72,000 free ATMs through the CO-OP and Allpoint networks. For more information about SECU, visit secumd.org

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