Credit Unions

Credit Unions
NuMark Credit Union Chooses Atleos to Upgrade ATM Offerings
October 08, 2024

Self-service banking provider NCR Atleos has launched a collaboration with NuMark Credit Union. “As member expectations continue to evolve, we are committed to providing a digitally optimized, seamless experience for members wherever they interact with us, including through the branch and self-service touchpoints,” Jessica Mellen,...

Credit Unions
Velera and Kinective Team to Help Credit Unions Integrate Financial Software
October 08, 2024

Credit union service organization Velera has launched a partnership with banking software company Kinective. The collaboration gives Velera’s credit union clients access to Kinective’s Gateway, an integration technology designed to eliminate the development challenges typically found when introducing new software products into a “diverse ecosystem of core banking...

Credit Unions
52% of Gen Z and Millennial Consumers Say They Might Give Community Banks a Try
October 02, 2024

As digital banking transforms the financial landscape, community banks and credit unions (CUs) are poised to capture Generation Z and millennials. These digital natives are gravitating toward smaller financial institutions (FIs). The PYMNTS Intelligence report “Local Roots: How Community FIs Can Win the Digital-First Generation”...

Credit Unions
Proposed Credit Union Merger Would Create $29 Billion Bank
September 30, 2024

Digital Federal Credit Union and First Tech Federal Credit Union have announced plans to merge, the credit unions said in a Monday (Sept. 30) news release. If the merger is approved by the National Credit Union Administration and First Tech’s membership, the new credit union...

Credit Unions
The Key to Capturing Gen Z: Credit Unions Embrace Digital Personalization
September 17, 2024

When it comes to digital engagement, there’s a lot at stake for credit unions. As detailed in “How Credit Union Innovation Can Drive Gen Z Engagement,” a PYMNTS Intelligence report created in collaboration with Velera (formerly PSCU/Co-op Solutions), a growing percentage of Gen Z consumers are transitioning...

Credit Unions
Velera Begins Providing Card Processing to Florida-Based BrightStar Credit Union
September 12, 2024

Credit union service organization (CUSO) Velera has begun providing card processing solutions to BrightStar Credit Union, which services about 60,000 members in South Florida. The CUSO started providing credit card processing support to the credit union in June and will add debit card processing services...

Credit Unions
Velera Innovation Alliance Aims to Drive Credit Union Growth
September 04, 2024

Credit union service organization Velera launched the Velera Innovation Alliance (VIA), an extension of Velera’s Fintech Engagement Program, which was first announced in April. The VIA is a coalition made up of 13 credit union executives and aims to drive competitiveness and improve the sustainability...

Credit Unions
FinTechs Now See Credit Unions as Collaborators, Not Competitors
August 27, 2024

Many FinTechs partner with credit unions (CUs) and other financial institutions (FIs) to provide the innovative products and services that today’s digital-first consumers expect. In fact, almost all view CUs as collaborators more than competitors. To be successful partners, FinTechs need to align their innovation...

Credit Unions
Velera to Provide Contact Center Services to Civic Federal Credit Union
August 22, 2024

Credit union service organization (CUSO) Velera will provide contact center services and support to Civic Federal Credit Union, a digital-first credit union serving local government employees and their families across North Carolina. “We believe innovating on new approaches, advocating for our membership and crafting unique...