PSCU | About Us (2024)

2022 PSCU acquires Juniper Payments, LLC, enabling the company to directly participate in faster and real-time payments innovation, while providing its financial institutions with managed connectivity to the Federal Reserve, The Clearing House and the forthcoming FedNow service.

PSCU announces a strategic partnership with Amount, providing its credit unions with best-of-breed functionality for digital credit card opening and loan origination.

PSCU’s Advisor Plus announces the launch of its Digital Consulting Practice, designed to help credit unions strategically manage and improve their digital investments. Through PSCU’s partnership with Curinos, credit unions can access the Digital Banking Hub, a centralized platform of digital banking journeys that allows financial institutions to review digital banking capabilities in the market, via the Digital Consulting Practice.

2021 PSCU ends FY21 with record results, including $649.8 million in revenue. PSCU now has more than 3,000 employees serving over 1,900 financial institutions representing more than 7 billion transactions.

CU Recovery, PSCU’s full-service collections company, announces name change to TriVerity, better reflecting what the brand represents: Trust. Transparency. Together.

PSCU announces additional investment of more than $50 million in Lumin Digital.

PSCU announces extension of its payments processing agreement with Fiserv, extending the companies’ long-standing partnership which began in 1989.

2020 PSCU acquires the Primax business, a provider of support services for payment card programs for financial institutions throughout the U.S. and the Caribbean, from T.K. Keith Company, Inc. 2019 PSCU announces a three-year, $100 million investment – the largest ever approved by its Board of Directors – to further advance several key strategic priorities, including optimizing digital experiences, growing member engagement, delivering market-leading security solutions and delivering an unparalleled experience for its credit unions and their members. 2018 Lumin Digital, a PSCU company providing a cloud-based digital banking platform built using market-leading technology, is established. That same year, CU Recovery and The Loan Service Center are acquired to expand PSCU’s ability to service Owners with a comprehensive collections offering. 2016 PSCU is awarded NACUSO’s CUSO of the Year Award, recognizing the important role the CUSO plays in helping credit unions effectively and efficiently serve their members. 2015 Chuck fa*gan appointed President and CEO; PSCU redoubles its efforts to leverage our payments expertise to partner with credit unions to enable growth and provide an unparalleled member experience.

Total accounts serviced exceeds 18 million, representing more than two billion transactions and 18 million call center inquiries.