PSCU Financial, Newtek Enter Product Promotion Partnership
NEW YORK -- PSCU Financial Services, Inc. will begin promoting to its member-owner credit unions Newtek Business Services, Inc.'s suite of small business services.
PSCU Financial serves more than 500 CUs representing over 10 million cardholder accounts and more than 400,000 online bill payment subscribers. The CUSO will promote Newtek's small business services, including SBA-guaranteed lending, merchant processing, insurance services, Web hosting, Web design and development, data storage, outsourced digital bookkeeping, tax advisory, and business plan preparation. The alliance provides "one-stop shopping" for credit unions that want to launch or expand their business services, said John Pembroke, executive director, marketing and product development at PSCU Financial.
Newtek Chairman and CEO Barry Sloane said the company's sales marketing team worked with PSCU Financial sales representatives to target new and existing credit union clients for merchant processing, SBA Lending, insurance, data storage and other services.