HARRISBURG, Penn.—Pennsylvania State Employees CU and the Penn State Alumni Association and have agreed to a 10-year relationship recognizing PSECU as the official credit card and the official financial services provider of the Penn State Alumni Association, the CU reported.
Effective April 1, the agreement unlocks an array of benefits for the Association’s members, including eligibility for membership within the credit union and access to its products and services, PSECU said.
The program’s official launch is anticipated for summer 2019, PSECU said.
“This relationship is really about two highly respected Pennsylvania membership organizations coming together to provide outstanding value to the members we serve,” said PSECU President Greg Smith. “When PSECU’s founders started the credit union 85 years ago, they did it with the intention that pooled resources would be used for members’ collective benefit. In all we do today, we aim to uphold that principle by offering the best banking value and service possible to help our more than 450,000 members keep their money where it belongs – with them. We’re extremely proud to partner with the Penn State Alumni Association to broaden our reach and extend PSECU membership to their members.”
“We at the Penn State Alumni Association are very excited to begin a new chapter in our member benefit offerings with such a partner as PSECU,” said Penn State Alumni Association CEO Paul J. Clifford. “As the largest alumni association in the country, our 174,000 members have very high expectations for the services we bring to them. The ‘customer first’ approach and excellent products and services PSECU provides, align very well with our mission and we are delighted to partner with another Pennsylvania-based organization to bring our alumni and members the quality services that Penn Staters deserve.”
Penn State alumni will receive communications from the Alumni Association and PSECU with details about the program in the months to come, the CU said.
“We look forward to welcoming Penn State Alumni Association members to PSECU and to serving them as their trusted financial partner,” added Smith.