Home
 MemberConnect

 

Credit
Debit
 Prepaid
Online Bill Pay
 Risk Management
Contact Center

MCT Federal Credit Union Contracts with PSCU Financial Services for Online Bill Payment

Program Offers Ease of Use, No "Float"

St. Petersburg, FL, March 26 , 2007 – MCT Federal Credit Union of Rockville, Md., signed a three-year agreement for PayLynxSM online bill payment from PSCU Financial Services, the nation’s largest credit union service organization (CUSO) announced today.

MCT FCU  will convert its 3,500 online bill payment subscribers in May. It has 58,000 members and $400 m illion in assets.

“This comprehensive online bill payment program meets the demanding expectations of our membership because it is easy to use and makes payments on the due date, allowing our members to enjoy maximum use of their funds,” said Mihir Mehta, Manager of Software Development, MCT F CU. “In addition, our members will benefit from the outstanding 24/7 support provided by PSCU Financial Services’ Contact Center representatives.”

PayLynx, powered by CheckFree®, is a turnkey solution that features a single sign-on from the credit union web site and employs CheckFree FraudNet, the industry’s leading bill payment fraud protection tool. Unlike most other bill payment services, funds are withdrawn on the due date and not in advance. In addition, members have access to Contact Center support when they need it most—after business hours and on weekends.

About MCT Federal Credit Union

Founded in 1950, MCT Federal Credit Union offers a full array of financial services to employees, students and family members of the Montgomery County Public School System. The credit union has It has 57,000 members and $400 million in assets. For more information, visit www.mctfcu.org.

About PSCU Financial Services

As 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