OE Federal Credit Union joins PSCU cooperative
ST. PETERSBURG, FL (March 17, 2022) — PSCU, the nation’s premier payments credit union service organization (CUSO), has announced that OE Federal Credit Union (OE Federal) has joined the cooperative for credit and debit processing support and services.
Headquartered in Livermore, Calif., OE Federal has been serving its members since 1964, guided by its mission to provide union members with a banking partner that understands the unique challenges of the construction trades. Today, OE Federal is the country’s largest labor-based credit union, spanning across six states and 125 union groups.
With over $1.4 billion in assets, OE Federal was looking for a true payments partner that displayed a willingness to work with the credit union, its employees and members to help them gain maximum value from the credit union’s payments solutions. In addition, OE Federal was interested in working with an organization with a documented history of investing in technology and delivering solutions in close partnership with credit unions. OE Federal found its fit in PSCU following a comprehensive review process.
“PSCU had everything we were looking for in a partner, and we were especially impressed by their member-facing technology that will help us deliver an exceptional member experience,” said Deepak Godhwani, chief financial officer of OE Federal. “PSCU’s history of supporting members directly with its 24/7/365 member support services was also an important part of our decision as it demonstrated an expertise and commitment to supporting credit union members directly.”
PSCU will begin providing credit and debit processing services and support to more than 89,600 OE Federal members in November 2022.
“OE Federal’s dedication to serving its members is a priority shared by PSCU, making the partnership a natural fit,” said Chris Gunnare, SVP, chief sales officer at PSCU. “We look forward to our burgeoning relationship with OE Federal and delivering best-in-class services to its members, supported by our cutting-edge technologies and tools.”
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.