St. Petersburg, Fla. (Feb. 12, 2025) – Velera – formerly PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider – today announced it has been named to the Forbes list of America’s Best Midsize Employers 2025. This marks the second time in three years the company has been named to the list.
Velera is one of nearly 500 companies included among the best U.S. midsize employers, with a total of 1,000 large and midsize companies recognized across 25 industry sectors. Velera ranked second in the Banking and Financial Services industry, and is in the top 35 of employers overall.
This prestigious award is presented annually by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. Forbes and Statista selected America’s Best Employers 2025 through an independent survey from a diverse sample of over 217,000 U.S. employees working for companies employing at least 1,000 people within the U.S. More than 6.5 million employer evaluations were considered. The final score is based on two types of evaluations: personal or those given by employees themselves and weighted the highest; and public, which encompassed those given by friends and family members of employees or members of the public who work in the same industry.
“We are truly honored by this recognition and immensely proud of the exceptional team we have built at Velera," said Velera President & CEO Chuck Fagan. "Our employees are our greatest asset, and this award underscores our commitment to fostering a workplace where every individual feels valued, supported and empowered. When our employees thrive, so does our company – and this recognition is a testament to that belief."
Velera prides itself on cultivating a diverse, equitable and inclusive organization where differences are embraced and treasured. In 2024, the company was named by Forbes as one of America’s Best Employers for Women, ranking in the top 15 in its industry, as well as one of Forbes’ Dream Employers. Additionally, Velera was named a winner of Glassdoor’s inaugural award for Best-Led U.S. Companies in 2024 and received a Gallup Exceptional Workplace Award (GEWA) in 2023. Velera was also listed as a Top 25 solution provider in IDC’s 2024 FinTech Rankings, which features technology companies from around the globe that are focused on providing solutions to the financial services and fintech industries.
Forbes’ full list of America’s Best Midsize Employers 2025 can be viewed at forbes.com/lists/best-midsize-employers.
About Velera
Velera, formerly PSCU/Co-op Solutions, is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, the company serves more than 4,000 financial institutions throughout North America, operating with velocity to help its clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Velera leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio that includes payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, collections, ATM and POS networks, shared branching and 24/7/365 member support via its contact centers. For more information, visit velera.com.
About Statista
Statista publishes hundreds of worldwide industry rankings and company listings with high-profile media partners. This research and analysis service is based on the success of statista.com, the leading data and business intelligence portal that provides statistics, business-relevant data, and various market and consumer studies and surveys.