Transportation Federal Credit Union Moves Card Processing to PSCU Financial ServicesSt. Petersburg, FL, June 2, 2006 –Transportation Federal Credit Union, of Washington, D.C., has signed a long-term credit card processing contract with PSCU Financial Services, the nation’s largest CUSO. Under the terms of the agreement, PSCU Financial Services will convert more than 7,400 credit card accounts to the CreditAbility™ platform for the $152 million, 18,000-member credit union. “Our management staff is excited about the marketing flexibility offered by the CreditAbility platform,” said Jeff Arvai, Chief Financial Officer of Transportation Federal Credit Union. “Working with PSCU Financial Services will equip us to provide more targeted offers to our members, which will help us maximize the return on our card products.” PSCU Financial Services’ CreditAbility credit card processing and servicing program marries responsive service with efficient transaction processing, credit card monitoring, and risk management as well as portfolio support and consultative advisory services. “We value our partnerships with each member-owner credit union and we are very happy that Transportation Federal Credit Union has joined our cooperative,” said PSCU Financial Services’ President David J. Serlo. “Our goal is to provide state-of-the-art product functionality and resources that enhance the relationships credit unions develop with their members.” About Transportation Federal Credit UnionTFCU is a member-owned financial service cooperative that was chartered in 1939. It has approximately 18,000 members, over $152 million in assets, 3 branches, and over 60 employees. Originally named the Civil Aeronautics Federal Credit Union, over the years the credit union expanded its field of membership to include many government agencies, businesses, and associations. For more information, visit www.transfcu.com. About PSCU Financial ServicesAs a non-profit cooperative, PSCU Financial Services is owned by more than 500 member credit unions representing almost 10 million cardholder accounts and more than 325,000 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 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.
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