Credit Unions

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. 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
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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. Get the Full Story Complete the form to unlock this article and enjoy...

Credit Unions
Study Shows Top-Performing Credit Unions Innovate to Stay Competitive
August 12, 2024

Credit union (CU) executives understand the importance of innovation. However, PYMNTS Intelligence uncovered a disconnect between how some CUs measure innovation success among different performance tiers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...