Credit Unions

Credit Unions
Learn How UNIFY Turned Consumer Data Into a Crypto Product
October 20, 2022

PYMNTS interviewed Greg Glawson, chief information officer at UNIFY Financial Credit Union, on how his company leveraged member data to design a new product to meet their needs. — In a world awash in consumer data, credit unions (CUs) have a unique opportunity. While selling...

Credit Unions
How Credit Unions Use Data to Design Member-Centric Crypto Products
October 19, 2022

Consumers are turning to innovative banking solutions as they never have before, with more saying they would switch or consider switching financial institutions (FIs) specifically to access innovative financial products, such as tools that offer personalization. Consumers want their FIs to innovate — but in...

Credit Unions
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 Carolina, and founded in 1955, SAFE has $1.6 billion in assets and 133,000 members in seven...

Credit Unions
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 press release emailed to PYMNTS said Tuesday (Sept. 20). ValleyStar, which has more than $650...

Credit Unions
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 very likely is in a recession he said, as mortgage buying is drying up in...

Credit Unions
Credit Unions See Crypto as Member Investment Conversation Starter
September 15, 2022

It’s time for credit unions to make sure that they know how to talk to members about crypto, according to a major credit union service organization (CUSO). This is why PSCU, which supports more than 1,900 financial institutions representing nearly 7 billion transactions annually, is...

Credit Unions
PSCU’s TriVerity Launches Tool for Indirect Credit Bureau Disputes
September 14, 2022

PSCU company TriVerity is introducing a new solution to handle all aspects of timely indirect credit bureau tradeline dispute investigations and responding to automated credit dispute verification forms (ACDVs). The Indirect Credit Bureau Dispute Processing Solution via The Loan Service Center (TLSC) gives credit unions...

Credit Unions
Credit Unions Weigh the Risks and Benefits of Expanding Crypto Offerings
September 06, 2022

Credit unions (CUs) have delayed their entry into the market for cryptocurrency products and services, largely because financial regulations bar CUs from holding digital assets on their balance sheets. At the same time, many credit union executives say they do not fully understand digital currencies...

Credit Unions
Credit Unions Bridge Generational Divide ‘Face to Face’
August 25, 2022

Financial institutions — and credit unions (CUs) in particular — are facing a generational divide. Studies have found that as recently as last year, less than half of Generation Z and millennials surveyed used the same financial institutions (FIs) as their parents in 2021. Younger...