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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, the nation’s premier payments CUSO and an integrated financial technology solutions provider, supports the success of more than 2,400 financial institutions and processes nearly 7.7 billion transactions annually. Committed to service excellence and focused on continuous innovation, PSCU’s payment processing, fraud and risk management, data and analytics, digital banking, strategic consulting and real-time payments platforms, along with 24/7/365 member support via its contact centers, help deliver personalized, connected experiences. 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 45 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.

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

Peyton Burgess
On behalf of PSCU
919.277.1168

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