Teachers Credit Union (TCU), Indiana’s largest credit union, has signed a renewal agreement for credit card processing services with PSCU, the Credit Union Service Organization (CUSO) announced today. The agreement – which includes the addition of debit processing services – extends the six-year relationship between the credit union and PSCU through 2022.
TCU has been a PSCU Member-Owner since 2011, when the credit union selected PSCU as its partner of choice during the launch of its credit card program. Since then, TCU has added over 32,000 cardholder accounts. In addition to the credit card processing services renewal, TCU has selected the CUSO to manage its debit processing business.
The credit union made the decision to renew the agreement due to a track record of success, as well as the advanced tools and account support PSCU provides.
“Throughout our partnership with PSCU, we have experienced immense growth and an elevated level of service for our cardholders,” said TCU President and CEO Paul Marsh. “This renewal deepens a relationship that has proven to be mutually beneficial, and we look forward to future success with PSCU.”
With the agreement renewal for credit card processing services and the addition of debit processing services, PSCU is looking forward to helping TCU achieve its goals across both card portfolios.
“We measure success not only by the numbers, but also by the trust and rapport built with our Member-Owner credit unions,” said Chuck Fagan, PSCU President and CEO. “The renewal of this partnership reflects our commitment to enhancing TCU’s card offerings and continued support of its mission to best serve the communities in which it operates.”
Established in 1977, PSCU (St. Petersburg, Fla.) is the nation’s leading credit union service organization (CUSO). The company was recognized as CUSO of the Year in 2016 by the National Association of Credit Union Service Organizations. PSCU’s products, financial services solutions and service model collectively support over 850 Owner credit unions representing more than 20 million credit, debit, prepaid, online bill payment and mobile accounts; protect over 2 billion transactions annually from fraud; and optimize credit union performance and growth. Comprehensive 24/7/365 member support is delivered through call centers located throughout the United States. For more information, visit www.pscu.com.
About Teachers Credit Union
Teachers Credit Union (TCU) has grown to become Indiana’s largest Credit Union with more than $3 billion in assets, 55 branches throughout the state of Indiana and Southwest Michigan, and more than 290,000 members. A financial cooperative owned by its members, TCU offers traditional financial services, including checking, savings, mortgages and credit cards, as well as non-traditional services such as investment, insurance and travel services. And while financial service is an important part of contributing to a community, TCU’s 85-year history shows a commitment to going beyond this service and working to build a better community. For more information about TCU, visit tcunet.com.