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Carolina Trust Federal Credit Union Moves Signature Debit, Credit to PSCU Financial Services  

St. Petersburg, FL, Sept. 15, 2008 – Carolina Trust Federal Credit Union, of Myrtle Beach, SC., is moving its signature debit and credit platforms back to PSCU Financial Services, the nation’s largest credit union service organization (CUSO). The cooperative also manages the credit union’s bill payment product.  

“After trying another provider for debit and credit, we returned to PSCU Financial Services because of its exceptional member service and competitive pricing,” said Jerry Miller, Carolina Trust Federal Credit Union’s President/CEO. “As a member-owned cooperative ourselves, we understand the value of doing business with other member-focused organizations.”

He added that the credit union plans to implement business bill payment from the cooperative in the future.

Carolina Trust FCU is converting 6,000 credit accounts and 16,000 signature debit accounts. It has 27,500 members and $143 million in assets.

“We appreciate Carolina Trust’s confidence in the advantages offered by our product portfolio and member support services,” said David J. Serlo, President and CEO, PSCU Financial Services. “We look forward to working with their staff to support the credit union’s signature debit and credit card portfolios and the roll out of online business bill payment.”

About Carolina Trust Federal Credit Union

Carolina Trust Federal Credit Union of Myrtle Beach, SC., has $143 million in assets and 27,500 members. It began as Myrtle Beach Air Force Base Federal Credit Union in 1958 and later expanded its field of membership to serve employees of partnering area businesses. In October 2001, the credit union began operating under a community charter to serve individuals who live, work, worship, volunteer, or attend school in Horry, Georgetown, Marion, and Williamsburg counties as well as the area of Florence County south of Lynches River. Relatives of members and small business owners are also eligible to join the credit union. For more information visit www.carolinatrust.org.

About PSCU Financial Services


Based in St. Petersburg, Florida, PSCU Financial Services is the nation's largest credit union service organization (CUSO) and serves more than 1,100 financial institutions nationwide. As a non-profit cooperative, the company is owned by more than 500 member credit unions representing over 11 million cardholder accounts and more than 700,000 online bill payment subscribers. Its Contact Center handles more than 14 million inquiries a year.

PSCU Financial Services maintains an Eastern operations center in St. Petersburg, Florida, and a Western operations center based in Phoenix, Arizona. The cooperative’s wholly owned subsidiary, Digital Dialogue, operates two 24/7 call centers in Detroit, Mich., that specialize in member services, new member acquisition, cross-selling and automated lending solutions.

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 a leader in the credit union movement, the company offers gateway access to national and regional networks. It also provides full function ATM terminal driving services. For more information, visit PSCU Financial Services’ website at www.pscufs.com.

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