The Indiana Credit Union League sold its card processing operation to PSCU, according to documents from the card processor and the league.
"The league's focus on supporting credit union success is in complete alignment with PSCU," said John McKenzie, president of the Indiana league. "Our goal was to select the best long-term solution for the card processing needs of our credit union clients, and PSCU is a proven technology partner that can help credit unions expand the scope of services provided and grow their payment programs."
The deal, which the Indiana league anticipated being finalized by May 31, brings 109 credit unions processing roughly 286,000 cards to the payment CUSO. Both the Indiana league's Credit Union Card Center and PSCU process their card transactions on First Data Corps' card platform.
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