Ohio University Credit Union Signs with PSCU for Credit and Debit Processing, Rewards Programs
Jim Major, PSCU
(800) 443-7728 ext. 4189
Robette Brooks, CCS PR
Credit Union Cites Member Forum Experience and PSCU’s Commitment to Innovation
St. Petersburg, Florida – (September 18, 2012) – Ohio University Credit Union (Athens, OH) signed new five-year contracts with PSCU for full service credit processing, as well as PIN and signature debit processing. The credit union joined the CUSO as a Member-Owner and also added PSCU’s CURewards® loyalty program.
“After attending PSCU’s Member Forum in April, we were extremely impressed with the level of satisfaction voiced by the Member-Owners that we spoke with,” said Roberta Kreitz, CFO, Ohio University Credit Union. “We also were attracted to PSCU’s commitment to developing innovative new products and services that will help us attract and retain members.” Ohio University Credit Union has 23,000 members and $280 million in assets.
The credit union indicated they are eager to offer members PSCU’s Design Your Own Card customizable plastics solution, as well as the fully-featured CURewards® loyalty program. She adds that PSCU’s pricing is very affordable and that the CUSO offers exceptional resources in terms of both products and personnel. “PSCU brought key players onsite to respond to our RFP. They were able to address all our product questions and deliver insights into best practices as well. We are currently in the implementation phase and every phone call brings immediate results,” said Kreitz.
“We proudly welcome Ohio University Credit Union into the PSCU family of Member-Owners,” said Michael Kelly, PSCU President and CEO. “Our promise to empower credit unions to compete and prosper means our team is a focused resource that Ohio University CU can count on to help them increase payments revenue, build membership and realize their full growth potential.”
Established in 1977, PSCU (St. Petersburg, Fla.) is the nation’s leading credit union service organization (CUSO) and serves more than 1,500 financial institutions nationwide. As a non-profit cooperative, the company is owned by more than 680 member credit unions representing 16 million credit, debit, prepaid, online bill payment, mobile and electronic banking accounts. Comprehensive 24/7/365 member support is delivered through four Contact Centers located throughout the United States that handle more than 18 million inquiries a year.
PSCU’s MōPRO initiative marries emerging technologies with proven strategies and empowers the CUSO to lead the industry in developing innovative payments solutions. This culture of engagement, agility and energy enhances both revenue and market share for member-owner credit unions. For more information, visit the PSCU website at www.pscu.com.
About Ohio University Credit Union
OUCU officially opened for business in 1955 as Ohio’s first state-chartered university credit union. Its membership is open to Ohio University employees and students, and many SEGs in the surrounding area. Ohio University Credit Union is proud of its history of putting people before profits. OUCU’s capital ratio of 9.45% is much higher than the 7% minimum that is required by the National Credit Union Administration. Additionally, despite sluggish lending nationwide, OUCU’s lending numbers have remained strong through a combination of quality products and competitive loan rates. The credit union offers mobile banking and other services that deliver exceptional consumer convenience. For more information, visit www.oucu.org.