Velocity CU Selects PSCU For Debit, Credit Processing

AUSTIN, Texas–Velocity Credit Union here has selected PSCU for debit and credit processing beginning in 2020.

PSCU New Logo

Velocity began its partnership with St. Petersburg, Fla.-based PSCU when it signed on for contact center support services as part of its online banking conversion in 2016, which grew to full-service contact center support in the fall of 2018. When it came time to identify a new card processing partner, Velocity conducted an extensive review process that included all of the major vendors that serve the credit union industry, the company said.

“Plastic card services are critically important to our overall strategy for serving our members around the clock no matter where they live, work or travel,” said Debbie Mitchell, president and CEO at Velocity. “We prioritized reliability and consistency of delivery above all other factors, followed closely by measuring the vendor’s track record in responding to service issues and problems and support of our staff. We judged PSCU to be superior in all of these aspects.”

Helping Spur Growth

The $840-million Velocity Credit Union has more than 87,000 members.

“We are especially proud to continue to grow and expand our relationship with Velocity Credit Union,” said Scott Wagner, EVP and chief revenue officer at PSCU. “From continuing to provide the responsiveness and support the credit union has come to expect from our contact centers, to helping guide its overall card programs to higher levels of success, we look forward to working with Velocity for many years to come.”

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Word Count: 322
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Copyright Year: 2019
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