Credit Unions

Credit Unions
United Community Credit Union Partners With PSCU to Enhance Card Offerings
October 10, 2023

United Community Credit Union, which serves Galena Park Independent School District employees in Texas, teamed with credit union service organization (CUSO) PSCU to provide debit and credit card processing services and support. “This partnership with PSCU is a significant step forward in our journey to...

Credit Unions
PSCU to Support Horizon Credit Union’s Card Programs and ATMs
September 28, 2023

Horizon Credit Union, a nonprofit financial cooperative with more than 30 locations in four states, has partnered with PSCU, a credit union service organization (CUSO) and integrated financial technology solutions provider. The partnership will see PSCU provide services and support for Horizon Credit Union’s debit...

Credit Unions
PYMNTS Intelligence: How CUs Can Meet Members’ Cryptocurrency Expectations
September 28, 2023

Cryptocurrencies have become a popular choice for consumers either seeking a novel, fast-moving and potentially lucrative investment opportunity or exploring alternative payment methods to fiat currency. This interest is particularly evident among credit union (CU) members, with a study finding that 26% of CU members...

Credit Unions
Are Credit Unions Ready for Cryptocurrency?
September 27, 2023

Few technologies have sparked more interest and controversy in recent years than cryptocurrency. The worldwide market capitalization of the digital currency hit more than $1 trillion earlier this year. Cryptocurrency is renowned for its potential to create wealth and dramatic fluctuations in value, leading to...

Credit Unions
Financially Distressed Consumers More Open to Payment and Banking Innovations
September 06, 2023

Subprime account holders may be driven toward banking innovations in their quest for financial wellness. It’s difficult enough to tread water as a consumer with subprime credit, whose 600 or below score often means they face higher borrowing costs and fees than consumers with prime or...

Credit Unions
Neches Credit Union Picks PSCU For Credit Card Support
August 22, 2023

Neches Federal Credit Union has picked PSCU for credit card processing services and support. PSCU, a credit union service organization, announced the partnership in a news release provided to PYMNTS Tuesday (Aug. 22). “After a rigorous evaluation and extensive research process, Neches FCU identified PSCU as the ideal...

Credit Unions
Credit Unions Can Be the Online ‘Influencers’ Guiding Younger Consumers to Financial Wellness
August 21, 2023

PSCU Chief Growth Officer Brian Scott told PYMNTS that younger generations are more challenged than their older peers. “They just have not had the same amount of time to create a savings ‘pool’ or even to create good financial habits, so they struggle more than other groups during...

Credit Unions
One-Third of Credit Union Members Would Leave for Better Credit Products
August 14, 2023

Consumers in the United States rely less on their primary financial institution (FI) for major credit products than they used to. Many are shopping around for better deals on rates and terms and for a larger variety of products, resulting in increased competition from non-bank...

Credit Unions
New York DFS Places Yonkers Postal Employees Credit Union Into Conservatorship
July 28, 2023

The Yonkers Postal Employees Credit Union (Yonkers CU) has been placed into conservatorship by the New York State Department of Financial Services (DFS), with the National Credit Union Administration (NCUA) appointed as conservator. The move was made to protect Yonkers CU members, and normal member...