Commonwealth One FCU Contracts with O2 Consulting Group
Fractional CTO provides top-level experience at a manageable cost for credit unions
O2 Consulting Group, the leading consultancy for coaching and empowering teams to drive long-term change, has signed the $582 million Commonwealth One Federal Credit Union in Alexandria, Va., for Fractional ExecutiveServices. Specifically, O2 Consulting Group Strategic Technology Consultant John Szeglin will fill the role of fractional Chief Technology Officer at Commonwealth OneFCU.
“We sought a balance between moving our technology forward and value,” Commonwealth One CEO Frank Wasson said. “O2 Consulting Group was recommended to me by a colleague, and at our size, we felt that leveraging their experts made the most sense right now. Being able to hire a fractional CTO with John’s experience is a game changer. We’re looking forward to John joining our team.”
“By partnering with the executive management team at Commonwealth One, we will quantify the strategic value behind major technical decisions and how they align with the credit union’s strategic vision and operational business plan," Szeglin emphasized. "We like to roll up our sleeves and work alongside our credit unions’ teams at O2. I’m very excited to work with the Commonwealth One team.”
With a proven track record of setting the technical direction for credit unions with assets ranging from $250 million to $2.7 billion, John Szeglin brings a wealth of experience to the table. His successful completion of enterprise projects over more than 20 years, including core system upgrades and conversions, credit union mergers, digital services delivery, security and compliance, and infrastructure optimization, instills confidence in the new partnership.
“We are in a delicate time for credit unions as liquidity is tight, yet member focus remains front and center,” O2 Consulting Group Founder/CEO Bonnie Ortiz said. “Technology is a critical piece of the solution to these issues and others. John is a veteran credit union and technology executive who will handle the assignment skillfully as he has done with so many others during his decades-long career. Particularly for small- to mid-sized credit unions, having access to a fractional CTO or other executives can mean the difference between thriving and unnecessary merger.”