PSCU Financial Services Debuts New Product Suite Of Financial Services for Small BusinessesProduct Line is Part of Alliance with Newtek Business ServicesSt. Petersburg, FL, Feb. 20, 2007 – PSCU Financial Services debuted a comprehensive suite of small business services from an industry-leading partner that will help its member-owners attract and serve small businesses. The Newtek Business Services platform includes: SBA-guaranteed lending, merchant processing, insurance services, web hosting, web design and development, data backup and storage, outsourced digital bookkeeping, tax advisory services and business plan preparation. “Many credit unions are serving small business owners with consumer lending applications. We can now offer one-stop shopping for credit unions that want to launch or expand their business services. This comprehensive portfolio of business services can help small businesses grow, which benefits the business owner and their credit union,” John Pembroke, Executive Director, Marketing and Product Development, PSCU Financial Services. PSCU Financial Services has established an alliance with Newtek, a well-known provider of business services. The two companies have launched a new website (www.pscufssmallbusiness.com) that explains how this platform of services can help credit unions better serve small business owners. The website also includes testimonials from credit union members and partners, information about marketing and training support, background on the referral system and information about PSCU Financial Services’ products. PSCU Financial Services currently offers small business debit and credit cards, a small business rewards program and plans to offer online business bill payment in the future. “Newtek and PSCU Financial Services both believe that the credit union industry represents a large market that is traditionally underserved in the area of business services. Our company has had success working with credit unions and we hope that the new website will add to our success by helping credit unions realize how easily they can augment their business services offerings by teaming up with Newtek and PSCU Financial Services,” said Barry Sloane, Chairman and CEO of Newtek Business Services. About Newtek Business Services Inc.Newtek Business Services, Inc. is a direct distributor to the small to medium-sized business market under the Newtek™ brand. Newtek focuses on providing its 70,000 customers with access to financial, management and technological resources that enable them to better grow and compete in today’s marketplace. Newtek’s products and services include:
About PSCU Financial ServicesAs a non-profit cooperative, PSCU Financial Services is owned by more than 500 member credit unions representing over 10 million cardholder accounts and more than 400,000 online bill payment subscribers. Its Contact Center services more than 10 million inquiries a year. PSCU Financial Services maintains its headquarters and Eastern operations center in St. Petersburg, Florida. The company is also supported by a West Coast operations center based in Phoenix, Arizona. PSCU Financial Services is the nation's largest Credit Union Service Organization (CUSO). Established in 1977, the company provides a broad array of cost-effective, high quality financial services that include credit, debit, ATM, prepaids, bill payment, lending and contact center solutions. PSCU Financial Services uniquely offers its members a full range of processing options, any combination from full service to in-house pass through processing for credit, debit and ATM transactions. As the leader in the credit union industry, the company offers gateway access to national and regional networks. It also provides full function ATM terminal driving services. For more information, visit the company's Web site at www.pscufs.com.Top
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