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United Community Credit Union Partners With PSCU to Enhance Card Offerings

United Community Credit Union, which serves Galena Park Independent School District employees in Texas, teamed with credit union service organization (CUSO) PSCU to provide debit and credit card processing services and support.

“This partnership with PSCU is a significant step forward in our journey to providing top-tier solutions to our valued members,” United Community Credit Union Chief Financial Officer Candice Soto said in a Tuesday (Oct. 10) press release emailed to PYMNTS.

United Community Credit Union, established in 1950, has over $126 million in assets and a membership base of over 12,500, according to the release. It chose to partner with PSCU for its “reliability, security and a deep understanding” of credit union needs.

PSCU, which is a CUSO and integrated FinTech solutions provider, partners with more than 2,400 financial institutions and processes nearly 7.7 billion transactions annually, according to the release. Its services include payment processing, fraud and risk management, data and analytics, digital banking, strategic consulting and real-time payments platforms.

It will begin providing debit card support to United Community members in spring 2024 and credit services in fall 2024, the release said.

“We look forward to working with United Community to elevate and enhance their card offerings, while also meeting member expectations and needs for years to come in today’s continuously evolving payments industry,” Scott Wagner, chief revenue officer and executive vice president of PSCU, said in the release.

Understanding the changing needs of consumers is crucial in providing them with the best service, Brian Scott, chief growth officer at PSCU, told PYMNTS in an interview posted in September.

“A lot of financial institutions have pulled back a little bit on innovation, kind of taking that wait-and-see approach,” Scott said at the time. “And I’d say just the opposite. Now is a great time to double down on the innovation.”

The payments industry is currently undergoing a transformative phase, and financial institutions must navigate these changes to thrive in the digital era. With technology disrupting the traditional banking model, financial institutions also need to double down on protecting their data and account holder information with robust cybersecurity programs.