PSCU Financial Invests In DisasterRecovery CUSO

Register now

ST. PETERSBURG, Fla. - (04/18/06) – PSCU Financial Servicesannounced Monday it has entered into a strategic alliance withOngoing Operations LLC, and made an equity investment in thedisaster recovery CUSO. Under the deal, PSCU Financial will marketthe CUSO’s business continuity services to its 500 creditunion member/owners and Ongoing Operations will market PSCUFinancial’s CUAlways 24/7 call center solution as part of thedisaster recovery services. In addition, PSCU Financial agreed toinvest $250,000 into the CUSO. Ongoing Operations is owned be sevenmid-Atlantic state credit unions.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER