Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Products
PSCU Financial to launch small-biz-market white papers
ST. PETERSBURG, Fla. (5/20/09)--Tight credit and faltering banks have created an environment for credit unions to focus on the small-business market. To that end, PSCU Financial Services will develop a series of free white papers to define the opportunity presented by small businesses, and provide credit unions with the tools and guidance to address small businesses’ needs. The educational materials will be available on the company’s website, and are designed to support the entire credit union industry, not just the cooperative’s member-owners. “Given the current instability among larger financial institutions, credit unions represent a safe harbor for small businesses and a compelling alternative to traditional banks,” said David J. Serlo, president, PSCU Financial Services. “Credit unions benefit from this relationship since small businesses tend to thrive during recessions and require multiple financial services. Owners also tend to be very loyal to the primary financial institution that helped them grow their business.” The first paper, “The Small Business Opportunity,” describes small business owners as super consumers who seek multiple services for their personal and business finances--including credit and debit cards, online bill payment, checking, savings, 401K retirement plans and other services. The second paper will help credit unions create a customized program for small businesses that manages risk and includes measurement tools. PSCU Financial Services, based in St. Petersburg, Fla, is a credit union service organization that serves more than 1,300 financial institutions nationwide.


RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
21 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
22 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
22 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
23 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
1 Day ago