PSCU and the Maryland and DC Credit Union Association have formed a partnership to provide credit, debit, bill-payment processing and contact center support services for the 133 credit unions in Maryland and D.C. that the association serves.
“This partnership will help our credit unions more effectively compete, grow and serve their members,” MD|DC CUA President & CEO John Bratsakis said in a statement. “PSCU’s industry leadership, depth of resources, risk management practices and commitment to new payments technologies like EMV, digital wallets and analytics give MD|DC CUA credit unions a significant competitive advantage in the communities they serve.”
The agreement with MD|DC CUA represents the sixth partnership PSCU has entered into with credit union leagues and associations
The parties also explained that PSCU’s access to major partners gives its owners the opportunity for early adoption of EMV chip cards and digital payment methods like Apple Pay, Android Pay and Samsung Pay, which involve the coordination of many moving parts and multiple partners.
“We look forward to working with the MD|DC Credit Union Association to help its member credit unions access new payments technology, better engage with members. and promote long-term growth,” said Chuck Fagan, PSCU’s president & CEO.
