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Service 1st Federal Credit Union Selects PSCU for Debit and Credit Processing Support

By PaymentsJournal
April 28, 2020
in Emerging Payments, Partnerships, Press Releases
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Service 1st Federal Credit Union Selects PSCU for Debit and Credit Processing Support - PaymentsJournal

PSCU, the nation’s premier payments credit union service organization (CUSO), today announced that Service 1st Federal Credit Union (Service 1st) has joined the cooperative for credit and debit card processing support and services.

Headquartered in Danville, Penn., Service 1st was founded in 1975 with a promise to offer a lifetime of financial services to meet their members’ changing needs, while also fostering a relationship of trust, dignity and respect. Recently, the credit unionset out to find a processing partner that could support the credit and debit card portfolios of its nearly 35,000 members, as well as provide high service levels, offer competitive technology solutions and align with its commitment to culture. Service 1st found a fit in PSCU.

“Partnering with PSCU made sense for our credit union, given the CUSO’s investment in the growth of its business and future technology,” said Christopher Court, Service 1st’s vice president of Accounting & Operations. “At Service 1st, we strive to offer our membership cutting-edge technology, and PSCU was the best partner to meet our aspirations. It was also a cultural fit; we have enjoyed working with the PSCU team and believe they have our members’ best interests in mind.”

PSCU will provide services and support to the credit union, which has more than $428 million in assets, beginning in fall 2021.

“We are extremely pleased to welcome Service 1st to the PSCU cooperative,” said Scott Wagner, EVP, chief revenue officer at PSCU. “Our shared commitment to advancing technology, member experience and cultural alignment made this a natural fit. We look forward to working alongside Service 1st to provide its members with the unparalleled member experience and technological innovations our other Owner credit unions’ members have come to know and expect from PSCU.”

About PSCU

PSCU, the nation’s premier payments CUSO, supports the success of 1,500 credit unions representing more than 3.8 billion transactions annually. Committed to service excellence and focused on innovation, PSCU’s payment processing, risk management, data and analytics, loyalty programs, digital banking, marketing, strategic consulting and mobile platforms help deliver possibilities and seamless member experiences. Comprehensive, 24/7/365 member support is provided by contact centers located throughout the United States. The origin of PSCU’s model is collaboration and scale, and the company has leveraged its influence on behalf of credit unions and their members for more than 40 years. Today, PSCU provides an end-to-end, competitive advantage that enables credit unions to securely grow and meet evolving consumer demands. For more information, visit pscu.com.

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Tags: Card ProcessingCredit CardsCredit UnionsDebit CardsPayment ProcessingPress ReleaseProcessingPSCU

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