Nevada Federal Credit Union to the Rescue

CU Joins with Las Vegas Fire & Rescue Foundation to Provide Visa Gift Cards For Urgent Needs

St. Petersburg, FL, Oct. 2, 2006 – Nevada Federal Credit Union (NFCU) of Las Vegas, Nev., recently teamed up with the Las Vegas Fire & Rescue Foundation to provide Visa Gift Cards for use by needy residents. The credit union is covering the operating expense of creating the gift cards and the Foundation is raising funds to pay for 1,000 $20 gift cards.

“Our Foundation is working hard to raise funds for the firefighters to provide NFCU Visa Gift Cards to those in need in the Las Vegas valley. We are lucky to have such outstanding men and women serving as firefighters in our community, and are proud to be able to equip them with Visa Gift Cards for use by those in need," said Julie Murray, President, Las Vegas Fire & Rescue Foundation.

Firefighters and paramedics will give out the cards when they find residents in urgent need of food, milk, or other essentials. The Foundation says Visa Gift Cards are more secure than cash and more convenient than checks or vouchers, since they can be used at virtually any retail location. Many victims do not have transportation, so it is difficult for them to use vouchers that can be redeemed only at specific facilities.

PSCU Financial Services handled processing for the cards. The cooperative’s prepaid offering includes both gift and reloadable cards, which are increasingly popular for a variety of uses including student and travel cards as well as gifts.

“Prepaid cards were originally popular for graduations and the holiday season, but consumers have embraced the convenience of these cards and found almost limitless uses for them. Prepaid cards, especially reloadable cards, offer credit unions new ways to earn member loyalty and serve key market segments,” said John Pembroke, Executive Director of Marketing & Product Development, PSCU Financial Services.

Eighty-eight member-owner credit unions purchase gift cards from PSCU Financial Services. These gift cards offer the same protection as a Visa debit cards.

About PSCU Financial Services

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