Credit Unions

Credit Unions
Erie Federal Credit Union Taps PSCU for Card Processing Services
February 20, 2024

Erie Federal Credit Union (Erie FCU) has completed its conversion to having PSCU/Co-op Solutions provide debit and credit card processing services and support. Erie FCU formalized its agreement with the payments credit union service organization (CUSO) in August 2022, completed the credit card conversion in May and...

Credit Unions
Credit Union Innovation Investments Pay Off as Digital Assets Open Doors to Enhanced Services
February 14, 2024

Credit unions (CUs) might not have the same national or regional reach as traditional banks, but their members don’t expect less when it comes to accessing digital-first services on par with those of legacy financial institutions (FIs).  The good news is that CUs are stepping...

Credit Unions
Credit Unions and Schools Partner to Equip Digital Natives With Financial Management Skills
February 05, 2024

From buying groceries and getting a credit card to applying for a bank loan, making financial decisions is part and parcel of everyday life, making financial literacy a core life skill that every individual must have.  And it must begin early in order to give...

Credit Unions
Study: Investments in Payments Innovation Reduce Credit Union Member Churn by 57%
January 30, 2024

Credit unions (CUs) provide financial services to a community of members often connected by location, work or education. Although many CUs might not have the national or regional scope of traditional banks, their members expect that they provide digital-first capabilities that can compete with what...

Credit Unions
AltaOne Selects PSCU/Co-op Solutions for Card Processing Services
January 25, 2024

AltaOne Federal Credit Union has selected PSCU/Co-op Solutions to provide debit and credit card processing services and support. The Ridgecrest, California, credit union chose the credit union service organization (CUSO) based in part on its high net promoter score (NPS), its reputation in the industry and its ongoing...

Credit Unions
NCR Atleos to Manage ATMs and ITMs for Grow Financial 
January 23, 2024

Grow Financial Federal Credit Union has tapped NCR Atleos to enhance its self-service banking offerings. Recognizing a need to update its aging ATM infrastructure and expand its interactive teller machine (ITM) footprint, the credit union chose Atleos ATM as a Service (ATMaaS) and Atleos ITMs, the companies said...

Credit Unions
Credit Union Groups PSCU and Co-op Solutions Close Merger Deal
January 02, 2024

Credit union service organizations PSCU and Co-op Solutions say they’ve closed their agreement to combine.  Beginning Tuesday (Jan. 2), the two groups will integrate under a holding company led by a combined executive leadership team and board of managers, with Chuck Fagan, formerly president and CEO of PSCU, acting...

Credit Unions
Nearly 40% of Credit Unions Offer Instant Access to Payday Loans
December 29, 2023

Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the rise of non-bank and non-CU financial entities offering competitive deals, consumers are increasingly looking for better options.  In “Credit Union...

Credit Unions
Nearly 3 in 10 Credit Union Members Willing to Change FIs to Access New Products
December 20, 2023

Credit unions (CUs) are known for their personalized and member-focused services, which is an attractive offering for many of their members. But alternatively, they have paid less attention to digital innovations than rivals such as FinTechs or digital-only banks. Lagging in digital innovations poses a...