Credit Union news and trends

PSCU Launches Credit Card-Based BNPL Solution for Credit Unions
Buy Now Pay Later // April 27, 2023

PSCU has launched a solution that helps credit unions implement buy now, pay later (BNPL). The credit union service organization’s (CUSO’s) new Installment Payments solution allows some post-purchase credit card transactions to be converted into installment payments, PSCU said in a Thursday (April 27) press...

FinTechs Team With Credit Unions to Deliver Banking’s ‘Marketplace Model’
Credit Unions // February 24, 2023

Credit union members are famed for their loyalty. That historic bond is being tested as more CUs take a cautious approach to digital innovation due to prevailing macroeconomic headwinds. PSCU President and CEO Chuck Fagan, NAFCU CEO Dan Berger and Suncoast Credit Union SVP of...

Credit Unions Partner With Prizeout to Offer Value-Added Gift Cards
Credit Unions // February 21, 2023

Nine credit unions have partnered with Prizeout to offer their members value-added gift cards. With access to the Prizeout program, the credit unions’ members will receive, on average, a 12% bonus when they purchase gift cards, according to a Tuesday (Feb. 21) press release. “We...

PSCU Extends Debit Processing to SAFE Federal Credit Union
Credit Unions // October 04, 2022

Payments credit union service organization (CUSO) PSCU has expanded its relationship with SAFE Federal Credit Union to offer debit processing support as well as credit processing. Based in Sumter, South Carolina, and founded in 1955, SAFE has $1.6 billion in assets and 133,000 members in seven...

Interviews & Exclusives
Credit Unions Can Win With Crypto via Education, Says PSCU

June 20, 2023
While crypto may have lost its shiny-object appeal, many still believe digital assets hold utility. In the face of ongoing regulatory scrutiny and volatile market swings, the crypto landscape has shown surprising resiliency coming out of a disastrous 2022. “We’re definitely seeing more interest and more activity,” when it comes to credit union members conducting crypto transactions, Lou Grilli, […]

FinTechs Team With Credit Unions to Deliver Banking’s ‘Marketplace Model’

February 24, 2023
Credit union members are famed for their loyalty. That historic bond is being tested as more CUs take a cautious approach to digital innovation due to prevailing macroeconomic headwinds. PSCU...

Credit Unions Well-Positioned to Address Inflation, Consumer and SMB Recession Concerns

September 19, 2022
It might be here. Chuck Fagan, president and CEO at PSCU, told Karen Webster that depending on where one looks, a recession looms or already is entrenched. The housing market...

When Taking On Tech Innovations, Credit Unions Wise to Be Fast Followers

April 01, 2022
While decision makers in some industries may aim to keep their companies on the bleeding edge of innovation, those at credit unions are more likely to say they want to be...

Quick Reads
PSCU Launches Credit Card-Based BNPL Solution for Credit Unions

April 27, 2023
PSCU has launched a solution that helps credit unions implement buy now, pay later (BNPL). The credit union service organization’s (CUSO’s) new Installment Payments solution allows some post-purchase credit card transactions to be converted into installment payments, PSCU said in a Thursday (April 27) press release. This solution gives cardholders a flexible payment method that […]

Credit Unions Partner With Prizeout to Offer Value-Added Gift Cards

February 21, 2023
Nine credit unions have partnered with Prizeout to offer their members value-added gift cards. With access to the Prizeout program, the credit unions’ members will receive, on average, a 12%...

PSCU Extends Debit Processing to SAFE Federal Credit Union

October 04, 2022
Payments credit union service organization (CUSO) PSCU has expanded its relationship with SAFE Federal Credit Union to offer debit processing support as well as credit processing. Based in Sumter, South...

PSCU Expands Partnership With ValleyStar to Provide Debit Processing

September 20, 2022
PSCU, the payments credit union service organization (CUSO), has expanded a partnership with ValleyStar Credit Union to provide debit processing support in addition to the credit services already provided, a...