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.”
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, visitpscu.com and coop.org.