Grow Financial Federal Credit Union has tapped NCR Atleos to enhance its self-service banking offerings. Recognizing a need to update its aging ATM infrastructure and expand its interactive teller machine (ITM) footprint, the credit union chose Atleos ATM as a Service (ATMaaS) and Atleos ITMs, the companies said...
Credit union service organizations PSCU and Co-op Solutions say they’ve closed their agreement to combine. Beginning Tuesday (Jan. 2), the two groups will integrate under a holding company led by a combined executive leadership team and board of managers, with Chuck Fagan, formerly president and CEO of PSCU, acting...
Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the rise of non-bank and non-CU financial entities offering competitive deals, consumers are increasingly looking for better options. In “Credit Union...
Credit unions (CUs) are known for their personalized and member-focused services, which is an attractive offering for many of their members. But alternatively, they have paid less attention to digital innovations than rivals such as FinTechs or digital-only banks. Lagging in digital innovations poses a...
Credit union service organization PSCU has teamed with Air Academy Credit Union (AACU). The partnership will see PSCU offer AACU “comprehensive debit and credit card processing services and support,” PSCU said in a Wednesday (Dec. 13) news release. Based in Colorado Springs, the 68-year-old AACU holds more than $895 million in...
Traditionally, consumers have relied on their primary financial institutions (FIs), such as banks or credit unions (CUs), for credit products like credit cards, mortgages, auto loans and personal loans. However, increased competition from non-bank and non-credit union financial entities has led consumers to shop around...
Maine-based NorState Federal Credit Union will receive debit and credit card processing services and support from credit union service organization (CUSO) PSCU. PSCU will provide processing to the credit union’s more than 14,500 members beginning in the fall of 2024, the companies said in a...
National banks dominate the consumer credit space. Still, credit unions and community banks are becoming an increasingly popular choice for issuing credit cards. The share of consumers with a CU or community bank card as their primary card rose from 8.3% in 2020 to 13%...
Pennsylvania-based credit union PSECU is working with Greenlight to promote financial literacy among young consumers. A partnership between the credit union (CU) and FinTech will give PSECU members to Greenlight’s family finance app, available through the Greenlight for Credit Unions program, PSECU said in a news release. “Greenlight equips...
