Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
CUSO completes capital infusion
COLUMBIA, S.C. (12/22/09)--Palmetto Cooperative Services (PCS) has completed a campaign to raise more capital. Responding to a private placement offer, 26 South Carolina credit unions have joined with South Carolina Service Corp. (SCSC) to provide more than $8 million in capital for PCS, a credit union service organization. The new funding will be used for debt restructuring, research and development, and marketing enhancements. PCS was created in 1969 as a wholly owned subsidiary of the South Carolina Credit Union League. The CUSO now is independent and was established as a limited liability company this year. Ed Culpepper serves as president of PCS LLC. SCSC is the league’s services corporation. It provides services to South Carolina credit unions through system relationships and administration of fee-based services for league-member institutions. PCS provides item processing services, Check 21 solutions, paper and electronic statements and periodic notices to 400 credit unions nationwide.


RSS





print
News Now LiveWire
.@CUNA's @Nussle on @SenatorReid :(2of2)On behalf of more than 102M #CU members,I thank him 4 his leadership over the yrs/wish him the best.
59 minutes ago
.@CUNA CEO Nussle on Sen. Reid’s decision not 2 seek re-election (1of2): Sen. Reid has a long history of #CU support throughout his career.
1 hour ago
#Jobless claims duck under 300K for 3rd straight week #Market #Economy http://t.co/jOsZWf9HNJ
1 hour ago
62% worry about financial stability: @CUNAMutualGroup study http://t.co/5jCM1I1hnA
2 hours ago
.@nytimes reports Sen. Harry Reid, Senate Democratic leader since 2005, will not seek re-election next year,
4 hours ago