May 17, 2024

Press Release

Aloha Pacific Federal Credit Union Chooses PSCU/Co-op Solutions for Card Processing Services and Support

| 5/1/2024

St. Petersburg, Fla. — (May 1, 2024) — PSCU/Co-op Solutions, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, today announced its partnership with Aloha Pacific Federal Credit Union (APFCU) to provide credit and debit card processing services and support.

Founded in 1936 and headquartered in Honolulu, Hawaii, the credit union was established by a united group of city and county employees. Today, APFCU maintains a strong commitment to serving its more than 65,000 members and advancing its mission of building relationships for future generations. With 10 branches across the islands and Las Vegas and more than $1.2 billion in assets, Aloha Pacific FCU is Hawaii’s third largest credit union.

APFCU conducted an extensive evaluation to identify the right credit and debit card processing partner to provide exceptional service, technological innovations and comprehensive support in navigating the future payments landscape. Seeking a provider with a proven track record in the credit union industry, APFCU selected PSCU/Co-op as the ideal collaborator for continued growth.

"We’ve seen an increasing number of fellow credit unions in Hawaii teaming up with PSCU/Co-op and asked for their feedback during our search for a card processing services provider," said Aloha Pacific Federal Credit Union President and CEO Vince Otsuka. "The credit unions’ responses were overwhelmingly positive and, after assessing PSCU/Co-op’s services and platform, we’re confident we’ve found an exceptional partner. Their payments expertise, financial strength and supportive team have given us even more confidence in our decision. This collaboration will enhance our card processing capabilities, ensuring that our members have access to cutting-edge financial solutions."

PSCU/Co-op will begin providing comprehensive credit and debit card services and support to APFCU members in May 2024.

"We are pleased to partner with APFCU, a credit union that has embodied a commitment to the 'people helping people' philosophy for more than 85 years," said PSCU/Co-op Solutions EVP, Chief Growth Officer Brian Scott. "PSCU/Co-op is honored to be acknowledged as a leading provider in Hawaii’s credit union space by APFCU, whose team shares our dedication to unparalleled service and community involvement. We are excited to welcome APFCU into our cooperative Ohana and leverage our technology and solutions to support them in offering their members innovative card processing capabilities.”

About PSCU/Co-op Solutions

PSCU/Co-op Solutions is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, the company serves more than 4,000 financial institutions throughout North America. PSCU/Co-op Solutions leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio that includes payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, collections, ATM and POS networks, shared branching and 24/7/365 member support via its contact centers. For more information, visit pscu.com and coop.org

About Aloha Pacific Federal Credit Union

Founded in 1936 by industrious City and County of Honolulu employees, Aloha Pacific FCU is the third largest credit union in Hawaii, with membership totaling more than 65,000 and assets of more than $1.2 billion. Aloha Pacific FCU has 10 branches – seven on Oahu, one in Kekaha, Kauai, one in Kahului, Maui, and one in Las Vegas, Nevada. Membership is open to employees of more than 2,800 Select Employee Groups (SEGs) and their immediate families. All residents of Kauai are eligible to join Aloha Pacific. All Maui County employees and members of the Hawaii Government Employees Association (HGEA) also are automatically eligible to join. Other SEGs include Hawaii Pacific Health, Costco and Foodland. For additional information, please visit alohapacific.com.

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