BluCurrent Credit Joins PSCU for Card Processing, Digital Banking

BluCurrent Credit is partnering with the credit union service organization (CUSO) PSCU for debit and credit card processing, support services, and digital and mobile banking solutions from PSCU’s subsidiary, Lumin Digital.

“BluCurrent and PSCU share a commitment to service excellence, making this new partnership an ideal fit,” Scott Wagner, EVP, chief revenue officer at PSCU, said in a press release emailed to PYMNTS on Wednesday (Oct. 13).

He added that PSCU will bring the latest technology and products to BluCurrent’s base of 23,000 members, and will provide an expanded member experience overall. BluCurrent is slated to go live with its credit union before the end of this year.

See also: PSCU Unveils Prepaid Card Platform

Founded in 1929 in Springfield, Missouri, BluCurrent offers its members cost-effective financial services. The company, which holds in excess of $264 million in assets, teamed with PSCU as a long-term partner that would work to drive its products and services forward.

BluCurrent also signed on with PSCU’s subsidiary Lumin Digital, which offers a cloud-based online and mobile banking platform that promotes membership engagement and offers a tailored user experience.

“As a CUSO founded, owned and governed by credit unions, we knew the PSCU and Lumin Digital teams would always have our credit unions’ and members’ best interests at heart,” said Jesse Jantz, SVP of information systems, BluCurrent. “Both PSCU and Lumin Digital are leaders in the industry, and we are eager to make their innovative technologies, tools and services available to our members.”

Read more: Top Selling Point for CUs Should Be Close Personal Relationships With Members

PSCU offers credit unions the ability to boost the performance of their debit and credit card programs with extensive data and analytics, security monitoring, and other benefits beyond daily transactions. The CUSO supports 1,500 credit unions processing over 5.4 billion transactions every year.

In an August interview with PYMNTS, PSCU Vice President of Digital and Data Jeremiah Lotz said credit unions can use their strengths to form more meaningful relationships with their members by filling in the gaps that digital-only banks might miss.