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  • Writer's pictureKelsie Papenhausen

AMOCO Federal Credit Union Selects PSCU for Credit Card Processing Support

St. Petersburg, Fla. — (Jan. 31, 2023) — PSCU, the nation’s premier payments credit union service organization (CUSO), has announced that AMOCO Federal Credit Union (AMOCO FCU) has selected the CUSO for full-service credit card processing support and services.

Headquartered in Texas City, Texas, AMOCO FCU began as the Pan Am Employees Federal Credit Union in 1937 to serve the financial needs of Pan American Refining Corporation of Texas City employees. Today, the credit union has expanded to include more than 100,000 members in and beyond Texas. Now recognized as one of the largest credit unions in the Houston/Galveston area, AMOCO FCU continues to embody its original mission of serving the financial needs of its members.

Holding more than $1.3 billion in assets, AMOCO FCU was seeking a robust solutions provider to help provide an industry-leading credit card program to its members. After evaluating several potential providers, AMOCO FCU selected PSCU.

“With an eye toward our future growth, AMOCO FCU has identified PSCU as the ideal partner to elevate and enhance our credit program,” said Darby McDermott, EVP of Operations at AMOCO FCU. “We look forward to working alongside PSCU to advance our credit union’s best-in-class products and member service.”

PSCU will begin providing credit processing support to AMOCO FCU members in September 2023.

“AMOCO FCU shares our dedication to unparalleled member service and experiences, as well as a commitment to the credit union philosophy of ‘people helping people,’” said Scott Wagner, EVP, chief revenue officer at PSCU. “We are extremely pleased to have the opportunity to provide reliable, safe and innovative card processing support to AMOCO FCU and its members.”

About PSCU

PSCU, the nation’s premier payments CUSO and an integrated financial technology solutions provider, supports the success of more than 2,400 financial institutions and processes nearly 7.7 billion transactions annually. Committed to service excellence and focused on continuous innovation, PSCU’s payment processing, fraud and risk management, data and analytics, digital banking, strategic consulting and real-time payments platforms, along with 24/7/365 member support via its contact centers, help deliver personalized, connected experiences. The origin of PSCU’s model is collaboration and scale, and the company has leveraged its influence on behalf of credit unions and their members for more than 45 years. Today, PSCU provides an end-to-end, competitive advantage that enables credit unions to securely grow and meet evolving consumer demands. For more information, visit pscu.com.

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