LOUISVLLE, Ky. — Kentucky Corporate Federal Credit Union has turned to a fellow corporate to provide electronic bill pay to its members.
The $430 million CU has partnered with MY CU Services LLC, a subsidiary of Mid-Atlantic Corporate, to offer the service to approximately 125 credit unions in Kentucky, Arkansas, Illinois, Indiana, Mississippi, Missouri, Ohio, Pennsylvania, Tennessee, and West Virginia.
MY CU Services now provides bill pay services, including back-end processing and payment remittance, to about 700 credit unions in 49 states, the District of Columbia, and Guam.
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"MY CU Services' bill pay service is a reliable solution for our members and will be able to meet their needs," said Jim Thompson, president/CEO of Kentucky Corporate in Louisville.
"Experience shows that our partnerships with other corporates, data processors and Internet banking providers bring a large amount of success to MY CU Services. Kentucky Corporate will be no exception and will be a key strategic partner in expanding bill payment services to new areas," said Jeff Stoner, president/CEO of MY CU Services in Middletown, Pa.
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