AMOCO Federal Credit Union selects PSCU for credit card processing support
ST. PETERSBURG, FL (January 31, 2023) — PSCU, the nation’s premier payments credit union service organization (CUSO), has announced that AMOCO Federal Credit Union (AMOCO FCU) has selected the CUSO for full-service credit card processing support and services.
Headquartered in Texas City, Texas, AMOCO FCU began as the Pan Am Employees Federal Credit Union in 1937 to serve the financial needs of Pan American Refining Corporation of Texas City employees. Today, the credit union has expanded to include more than 100,000 members in and beyond Texas. Now recognized as one of the largest credit unions in the Houston/Galveston area, AMOCO FCU continues to embody its original mission of serving the financial needs of its members.
Holding more than $1.3 billion in assets, AMOCO FCU was seeking a robust solutions provider to help provide an industry-leading credit card program to its members. After evaluating several potential providers, AMOCO FCU selected PSCU.
“With an eye toward our future growth, AMOCO FCU has identified PSCU as the ideal partner to elevate and enhance our credit program,” said Darby McDermott, EVP of Operations at AMOCO FCU. “We look forward to working alongside PSCU to advance our credit union’s best-in-class products and member service.”
PSCU will begin providing credit processing support to AMOCO FCU members in September 2023.
“AMOCO FCU shares our dedication to unparalleled member service and experiences, as well as a commitment to the credit union philosophy of ‘people helping people,’” said Scott Wagner, EVP, chief revenue officer at PSCU. “We are extremely pleased to have the opportunity to provide reliable, safe and innovative card processing support to AMOCO FCU and its members.”
About PSCU
PSCU/Co-op Solutions is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, the company serves more than 4,000 financial institutions throughout North America. PSCU/Co-op Solutions leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio that includes payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, collections, ATM and POS networks, shared branching and 24/7/365 member support via its contact centers. For more information, visit pscu.com and coop.org.
