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Century Federal Credit Union Taps PSCU Financial Services For Credit Card Processing

CU Signs Contract to Help Grow Its Credit Portfolio

St. Petersburg, FL, Nov. 28, 2006 – When executives at Century Federal Credit Union of Cleveland, Ohio, looked at strategic goals for future growth, they recognized their credit card program held untapped potential. The credit union turned to PSCU Financial Services to help its staff develop a plan for expansion and growth in its credit portfolio, and signed a contract for the cooperative’s fully featured CreditAbility™ program.

“We were looking for a processor who could support our future growth plan. So we turned to PSCU to help us create a flexible, fully featured credit program with expanded capabilities to better serve our members,” said Cathy MacMillan Kapan, Director of Operations, Century Federal Credit Union.

The credit union is moving 6,800 credit card accounts to the CreditAbility platform.

“Building success in the competitive credit card market requires cutting-edge technology and a strategic plan that employs proven best practices. Not only does our CreditAbility program offers the comprehensive functionality deployed by large national issuers, we
also offer consultative services to help each credit union design a credit program that meets the unique needs of its membership,” said David J. Serlo, President, PSCU Financial Services.

PSCU Financial Services' CreditAbility platform delivers flexible credit card processing and management with extensive member services that include reward programs, credit card monitoring and portfolio management.

About Century Federal Credit Union

As the largest credit union in Northeast Ohio, Century Federal Credit Union serves the financial needs of over 23,000 members. The credit union has six branches located throughout the Cleveland area. For more information visit www.cenfedcu.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 390,000 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.

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