Press

NorState Federal Credit Union selects PSCU for card processing services and support

ST. PETERSBURG, FL (December 5, 2023)PSCU, the nation’s premier payments credit  union service organization (CUSO) and an integrated financial technology solutions  provider, is pleased to announce that NorState Federal Credit Union (NorState FCU) has  selected the CUSO to provide debit and credit card processing services and support. 

Established in 1941, NorState FCU has been committed to helping its local communities  and members succeed financially as their “lifelong financial partner” for more than eight  decades. Headquartered in Madawaska, Maine, and driven by the “people helping  people” credit union philosophy, NorState FCU currently has over 14,500 members and  assets totaling more than $252 million. 

In looking for an ideal credit and debit processing partner, the credit union was seeking  an organization that was proactive with solutions, offered innovative products and would  be a true strategic partner. NorState FCU put an emphasis on selecting a provider that  could act as an extension of its team when delivering products and services, while also 

understanding the importance of a credit union’s reputation when interacting with  NorState FCU members on a daily basis. Based on peer feedback and an in-depth review, the credit union found its fit in PSCU. 

“NorState FCU is confident in PSCU’s ability to help move our credit union forward in this  ever-evolving marketplace,” said NorState FCU President and CEO Jeffrey Davenport.  “We are eagerly anticipating our new partnership with the CUSO, and the creativity and  innovation their entire team can bring to our organization and members.” 

PSCU will begin providing card support to NorState FCU members in the fall of 2024. 

“It is with great pleasure that we welcome NorState FCU to our cooperative,” said PSCU  Chief Revenue Officer and EVP Scott Wagner. “At PSCU, we are always looking for  opportunities to provide credit unions with leading-edge solutions and highly functional  programs to facilitate seamless experiences and best-in-class service for their valued  members, and we look forward to helping NorState FCU realize these results.”


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.

Contacts

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

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