PSCU to restart credit card program for new member-owner
Mid-Missouri Credit Union signs agreement for full-service processing
ST. PETERSBURG, FL (June 18, 2014) — Mid-Missouri Credit Union (Fort Leonard Wood, MO; $213 million) has joined PSCU as a Member-Owner to restart their credit card program, the company announced today. The credit union signed a long-term agreement for full-service processing, which includes 24/7/365 cardholder support, risk and fraud management services, disputes processing and statement production.
“We’re anxious to help Mid-Missouri build and grow a card program that will make a difference for their members,” said Jennifer Addabbo, VP, PSCU. “Mid-Missouri will have access to many other innovative solutions and technology, such as loyalty rewards, mobile apps, EMV and analytics, to help them develop and market card programs that engage and better serve their members.”
The credit union cited PSCU’s turnkey credit processing model and the cooperative model as leading factors in its decision to partner with the CUSO. Mid-Missouri CU placed high value on PSCU’s portfolio analytics tool set and its credit union and member support capabilities in making its selection decision.
PSCU combines an industry-leading payment card platform with strategic consulting expertise across multiple credit union products and business operations to build customized plans for credit union growth and relevance. Partnerships with Visa, MasterCard, First Data and Google Wallet give Member-Owners access to robust card programs and innovative payments solutions that enable credit unions to effectively compete and grow in their communities. The company is also committed to helping its credit unions engage with the Millennial consumer segment through its award-winning social media platform called Make Your Money Matter.
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.
Through a focus on collaboration and initiatives to mine the collective intelligence from all corners of the cooperative, PSCU’s Member-Owners are positioned at the leading edge of innovation. The combination of PSCU’s commitment to leadership in mobility and excellence in risk management, strategic consulting and technology creates PSCU’s foundation for the strongest partnerships with its Member-Owners. For more information, visit the PSCU website at www.pscu.com.