credit union service organizations

Velera CEO: Credit Unions Need Gen Z Consumers to Gain ‘Velocity’
Velera CEO: Credit Unions Need Gen Z Consumers to Gain ‘Velocity’
June 18, 2024  |  Credit Unions

The average credit union member is 53 years old. Reasonably affluent, well traveled down the journey of life’s financial goals — and well aware of...

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PSCU/Co-op Solutions Rebrands as Velera
PSCU/Co-op Solutions Rebrands as Velera
May 07, 2024  |  Credit Unions

PSCU/Co-op Solutions is rebranding as Velera. The credit union service organization (CUSO) will roll out the Velera brand in phases over the next year, though the Co-op Solutions...

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PSCU and Co-op Solutions Announce Merger
PSCU and Co-op Solutions Announce Merger
November 06, 2023  |  Credit Unions

  PSCU and Co-op Solutions, two credit union service organizations (CUSOs) and FinTech solution providers, have announced plans to merge. The move aims to offer credit unions...

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Credit Union Ranks Will Shrink in 2024 as M&A Drives Scale and Innovation
Credit Union Ranks Will Shrink in 2024 as M&A Drives Scale and Innovation
October 16, 2023  |  Credit Unions

A decade ago, there were nearly 7,000 credit unions, and that number’s been consolidated to about 4,700. Scott Young, managing VP of Emerging Services at...

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Credit Unions Are Falling Behind the Innovation Curve
Credit Unions Are Falling Behind the Innovation Curve
January 12, 2023  |  Credit Unions

Credit unions are hitting an innovation wall, and partnering may be the best way to clear it. At a time when consumers, and credit union...

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