Credit Unions

PSCU’s Lumin Digital Helps Mutual Security Credit Union Go Digital

PSCU, Lumin Digital, Mutual Security Credit Union, Credit Union, Digital, Cloud, news

PSCU’s Lumin Digital has converted over 10,000 Mutual Security Credit Union digital users to a cloud-based platform, Lumin Digital said in a press release on Tuesday (Dec. 10). 

Mutual Security Credit Union, with more than $315 million in assets, chose Lumin Digital because of its outstanding user experience, beyond what big banks and other financial institutions could offer. 

“After conducting extensive research, we chose Lumin Digital because we believe it is the top online banking system on the market,” said Larry Holderman, CEO of Mutual Security Credit Union in the release. “Our team worked in close coordination with the Lumin Digital team to execute a well-orchestrated conversion for our members. We look forward to continued success with Lumin Digital as our trusted digital banking partner.” 

Lumin Digital’s cloud-based digital banking platform was built using modern, market-leading technology and offers “a tightly integrated and customized experience.” To create a “personalized journey,” the company also helps credit unions better deepen relationships with their members. 

“Mutual Security Credit Union has been a great partner throughout the onboarding process, and we look forward to continuing to serve the credit union and its members through our digital, cloud-based banking platform,” said Jeff Chambers, president of Lumin Digital. “The successful and seamless Mutual Security launch shows that Lumin Digital is well-positioned for future conversions and ready and able to make a real difference in the way credit union members conduct their banking digitally.” 

Headquartered in San Ramon, California, Lumin Digital provides seamless access to numerous PSCU platforms and services, including card services, data analytics and contact center support.      

Earlier this month, Lumin Digital signed a multi-year contract with the University of Illinois Community Credit Union (UICCU) that will have Lumin’s cloud-based platform serve as the credit union’s digital banking solution for retail banking and bill payment. Expected to go live in the spring of 2020, UICCU will have more than 21,000 active users on the platform.


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