Puerto Rico's cooperativa system withstands a financial crisis, despite heavily investing in government bonds.
The relatively new international ACH is as reliable as a wire, and is more cost effective.
The partnership will allow BCU and OSCUS to directly exchange information, ideas and best practices in credit union operations.
As credit unions learn more about new technology, they are some of the institutions leading the nation in the issuance of payment cards that use embedded computer chips to validate identity and secure transactions.
Recent announcements from Visa and MasterCard have set the stage for the U.S. implementing EMV/chip cards.