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Cooperative Credit Union Association partners with CU Recovery & The Loan Service Center

Expands collection services nationwide

ST. PETERSBURG, FL (February 3, 2021)

Cooperative Credit Union Association announces a newly formed partnership with CU Recovery & The Loan Service Center, a PSCU Company, to offer member credit unions expanded and enhanced collection services across the country.

CU Recovery started serving credit unions in Minnesota in 1990 and, over time, has expanded operations to provide collection services throughout the country. In addition, they enhanced educational opportunities for credit unions by launching the CU Recovery Collection Academy. In 2018, CU Recovery & The Loan Service Center became wholly owned subsidiaries of PSCU, allowing them to further enhance their commitment to education through Training On the Go, an online video training series.

“We understand the financial challenges facing consumers,” said CCUA President/CEO Ron McLean. “We’re pleased to offer the technology and expertise of CU Recovery & The Loan Service Center to help our credit unions minimize exposure to loss from delinquent loans.”

CU Recovery & The Loan Service Center has the skills, track record and experience to minimize your credit unions’ delinquency losses and keep you informed with real-time file updates combined with a customer services commitment that is second to none in the industry.


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.

About the Cooperative Credit Union Association

The Cooperative Credit Union Association is a regional trade organization serving as the voice for nearly 180-member credit unions primarily located in the States of Delaware, Massachusetts, New Hampshire, and Rhode Island. CCUA member credit unions hold combined assets in excess of $59 billion and serve a collective membership base of more than 4.5 million consumers. Together, CCUA credit unions provide over $413 million in direct financial benefits to their members annually. Last year, the credit unions contributed more than $21 million to support nearly 6,700 organizations in their communities. For more information, visit www.CCUA.org.

Contacts

Bill Prichard, APR, Director, Public Relations
PSCU/Co-op Solutions
(909) 532-9416 or Bill.Prichard@coop.org

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