PSCU
Private | |
Industry | Credit union |
Founded | 1977 |
Headquarters | St. Petersburg, Florida |
Services | Credit, debit ATM and prepaid card processing, electronic banking and bill payment |
Number of employees | 1700 |
Website |
www |
PSCU is the largest credit union service organization in the United States.[1][2] The organization was founded in 1977 and is based in St. Petersburg, Florida.[3][4][5][4][6]
History
In 1977, five Florida credit unions joined together and founded PSCU.[5] PSCU started a mobile banking platform compatible with iOS in November 2009.[1] That same year, the company released its CardLock fraud prevention program.[7] Mike Kelly was named CEO of the organization in 2011 after the death of former CEO and president Dave Serlo.[5] PSCU was the first organization to issue Visa pre-paid EMV cards in August 2012.[8] The company hosts an annual 24-hour brainstorming competition which aims to create technology for the banking community that began in 2012.[9][10][11]
PSCU announced in February 2013 that the company would be partnered with MasterCard to make the MasterPass technology available to the members of the credit union.[12] The company chose PricewaterhouseCoopers in April 2013 to serve as an external independent certified public accounting firm for auditing and tax services for the company.[13] In June 2013, PSCU opened a data center in Phoenix, Arizona.[14] The organization started "Make Your Money Matter," an online and social media campaign that educated consumers on the difference between banks and credit unions, in 2013.[15][16]
In February 2014, PSCU received a patent for the CardLock fraud prevention system.[7] The initiative won an award for best website in the educational resources category at South by Southwest in Austin, Texas.[16] By March 2015, the program covered 250 credit unions.[17]
In March 2015, Chuck Fagen, former president of the Credit Union Executive Society, was named CEO of PSCU.[18][19] PSCU won a Stevie Award for Contact Center of the Year in the Financial Service Industry in 2015.[20]
PSCU partnered with Colonial Williamsburg on electronic educational programs for schools in the United States.[21]
References
- 1 2 Chris Harnick (November 10, 2009). "PSCU Financial Services launches mobile banking platform with iPhone app". Retrieved February 25, 2015.
- ↑ "PSCU holds open house for charities". May 20, 2014. Retrieved February 25, 2015.
- ↑ "PSCU Drops 'Financial Services' in Move 'FORWARD': Onsite Coverage". March 19, 2012. Retrieved February 25, 2015.
- 1 2 Jeff Harrington (September 11, 2014). "St. Petersburg credit union firm hosts 24-hour tech brainstorming contest". Retrieved February 25, 2015.
- 1 2 3 "200 Biggest Private Companies" (PDF). Retrieved February 25, 2015.
- ↑ "Geeks' goal at PSCU - a knockout". September 11, 2014. Retrieved February 25, 2015.
- 1 2 Andrew Kaleita (February 28, 2014). "PSCU receives patent for CardLock fraud solution". Bank Credit News. Retrieved November 29, 2015.
- ↑ "PSCU First To Launch Prepaid EMV Cards". August 2, 2012. Retrieved February 25, 2015.
- ↑ Jeff Harrington (September 11, 2014). "St. Petersburg credit union firm hosts 24-hour tech brainstorming contest". Tampa Bay Times. Retrieved November 29, 2015.
- ↑ John Coxon (October 28, 2014). "CCU Names National Champion in Innovation Competition". Chicago Tribune. Retrieved November 29, 2015.
- ↑ Marc Rapport (October 14, 2013). "PSCU names KnockOUt winners". CU Insight. Retrieved December 30, 2015.
- ↑ David Morrison (February 25, 2013). "MasterCard Finds Credit Union Partners for Digital Wallet". CU Insight. Retrieved December 30, 2015.
- ↑ Jo-Lynn Brown (April 17, 2013). "PSCU taps PricewaterhouseCoopers for auditing and tax services". Tampa Bay Business Journal. Retrieved December 30, 2015.
- ↑ "PSCU Opens Up $2.9M Data Center In Phoenix". June 17, 2013. Retrieved February 25, 2015.
- ↑ Myriam DiGiovanni (November 4, 2013). "Eight CUs in 'Make Your Money Matter' Campaign". Credit Union Times. Retrieved December 30, 2015.
- 1 2 Margie Manning (April 2, 2014). "'Digital natives' shape future for PSCU, GTE". Retrieved February 25, 2015.
- ↑ David Morrison (March 10, 2015). "PSCU Cracks Millennial Code: Onsite Coverage". Credit Union TImes. Retrieved November 29, 2015.
- ↑ Ashley Gurbal Kritzer (March 20, 2015). "PSCU names new CEO to replace ousted Michael Kelly". Tampa Bay Business Journal. Retrieved November 29, 2015.
- ↑ "St. Petersburg-based credit union services provider names new CEO". Tampa Bay Times. March 20, 2015. Retrieved November 29, 2015.
- ↑ "2015 Stevie Award Winners". Stevie Awards. Retrieved November 29, 2015.
- ↑ "Colonial WIlliamsburg and PSCU Financial Services". Retrieved February 25, 2015.