PSCU, a credit union service organization focused on payments, has added three Connecticut credit unions as owners.
Sikorsky Financial Credit Union in Stratford, Wepawaug-Flagg Federal Credit Union in Hamden and Healthcare Financial Federal Credit Union in New Haven have signed agreements with PSCU for a variety of services, including credit and debit card processing and bill pay, the CUSO said on Tuesday.
PSCU serves 43.4 million members across 900 credit unions.
“Through continued investments in technology, service delivery and fraud mitigation, PSCU effectively meets the changing dynamics of the payments industry and delivers on PSCU’s promise of growth, while helping to fuel the credit union’s highest returning asset,” Scott Wagner, chief revenue officer at PSCU, said in a statement.
Executives at the credit unions said they decided to join PSCU for its fraud monitoring, back office support and help with pre-conversion efforts, among other reasons.
