NARFE Premier Federal Credit Union Converts Payment Products to PSCU Financial ServicesSt. Petersburg, FL, May 17, 2007 – NARFE Premier Federal Credit Union of Alexandria, Va., is converting its credit, signature and PIN debit accounts to PSCU Financial Services in August, the cooperative announced today. With $119 million in assets and 15,000 members, the credit union recently changed its name from U.S. Premier to NARFE Premier Federal Credit Union as a result of a strategic partnership with the National Active and Retired Federal Employees Association (NARFE). “Moving to PSCU Financial Services allows the credit union to deliver more fully featured platforms and award-winning 24/7 support to our members, while our staff members gain added productivity and convenience from working with a single partner for payment products,” said Anthony T. Walker, President and CEO, NARFE Premier Federal Credit Union. “This is especially important as we aim to serve NARFE’s 400,000-plus members across the country. PSCU’s broader product offering and service delivery channels will NARFE Premier Federal Credit Union Converts Payment Products to PSCU Financial Services help us improve activation rates and give our members more reasons to make the credit union their financial institution of choice.” “We welcome the opportunity to serve NARFE Premier Federal Credit Union by helping their staff build their payment portfolios and enhance the penetration for these products within their membership,” said David J. Serlo, President, PSCU Financial Services. PSCU Financial Services is the nation’s largest CUSO (credit union service organization). It delivers excellent value to its member-owner credit unions by offering a full portfolio of programs and processing services for credit, debit, prepaid, and ATM programs. It offers comprehensive call center support and convenient online services including online bill payment. About NARFE Premier Federal Credit UnionNARFE Premier Federal Credit Union, originally chartered in 1935 as the Civil Service Commission Federal Credit Union, is a not-for-profit organization serving all active and retired federal employees across the United States as well as Panama, Puerto Rico, and the Philippines.With a unique cashless operation focused on remote member delivery channels, NARFE Premier is a 24/7 financial institution…understanding members’ needs to bank when they want to, not when they have to. With dynamic, caring employees, our vision is to create financial goals with our membership and to partner with them to make those goals a reality. Whether it’s through our personal touch points such as the 24/7 Contact Center or our online branch, NARFE Premier FCU has effective financial solutions for busy people across the country. Our strategic alliance with the National Active and Retired Federal Employees Association not only strengthens our commitment to educate the federal sector on pre-retirement and investment options, but also provides the credit union with a national NARFE Premier Federal Credit Union Converts Payment Products to PSCU Financial Services platform to share our financial benefits and features on a national and global scale.…when and where our members need us. About PSCU Financial ServicesAs a non-profit cooperative, PSCU Financial Services supports 1,100 financial institutions and is owned by 500+ member credit unions representing over 11 million cardholder accounts. Its Contact Centers handles more than 12 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 and additional call center operation in Detroit, Michigan. Established in 1977, the company provides a broad array of cost-effective, high quality financial services that include credit, debit, ATM, prepaid, 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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