Credit Unions

Credit Unions
Nearly 40% of Credit Unions Say No to Installment Loans
December 11, 2023

Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans and personal loans. However, increased competition from non-bank and non-credit union financial entities has led consumers to shop around...

Credit Unions
PSCU to Provide Card Processing Services to NorState Federal Credit Union
December 05, 2023

Maine-based NorState Federal Credit Union will receive debit and credit card processing services and support from credit union service organization (CUSO) PSCU. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Credit Unions
Credit-Seeking Consumers Give Credit Unions and Community Banks a Second Look
November 21, 2023

National banks dominate the consumer credit space. Still, credit unions and community banks are becoming an increasingly popular choice for issuing credit cards. The share of consumers with a CU or community bank card as their primary card rose from 8.3% in 2020 to 13%...

Credit Unions
PSECU and Greenlight Team to Promote Financial Literacy
November 15, 2023

Pennsylvania-based credit union PSECU is working with Greenlight to promote financial literacy among young consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Credit Unions
PSCU and Co-op Solutions Announce Merger
November 06, 2023

  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS...

Credit Unions
Crypto and the Credit Union Innovation Playbook
November 06, 2023

A growing number of consumers are interested in cryptocurrencies, and most know what they are. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Credit Unions
National Credit Union Groups Merge to Form ‘America’s Credit Unions’
November 02, 2023

Two national credit union associations are merging to create a new advocacy group. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Credit Unions
Personalization Helps Credit Unions Out-Compete Banks on Lending
November 01, 2023

You can’t have a successful business, no matter the business, if you don’t attract customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Credit Unions
TLSC and Millennium Collaborate on Repossession Solutions for Credit Unions
October 31, 2023

The Loan Service Center (TLSC), a PSCU company, has partnered with Millennium Capital and Recovery Corp. to provide repossession solutions to credit unions.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...