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PSCU Continues as Chairman’s Benefactor of the Filene Research Institute

CUSO Renews Platinum Level Sponsorship for 2013

MADISON, WI – PSCU, a longtime supporter of the Filene Research Institute, renewed its Platinum-level sponsorship for 2013 as one of only four Filene Chairman’s Benefactor members. PSCU is the principal sponsor of Filene’s innovation work, most notably the prestigious i3 group.

“The Filene Research Institute brings fresh energy and ideas to the credit union system,” said Michael Kelly, CEO and President of PSCU. “PSCU looks for partners that share our vision of empowering credit unions to compete and prosper. Filene exemplifies that spirit, and PSCU is proud to support the Institute.”

“In 2004 PSCU stepped up to become a Chairman’s Benefactor to support Filene’s innovation work, including the i3 program and many of the most interesting ideas that have emerged from it. Even in the face of the Great Recession, PSCU maintained its strong support," said Mark Meyer, CEO of Filene. “PSCU’s own strategic focus on innovation matches ours so closely. We are excited to keep working to bring tangible innovations and greater value to the credit unions we both serve.”

“When we were looking to tighten Filene’s innovation focus and launch i3 in 2004, PSCU immediately increased their support because they saw the importance of ongoing grassroots innovation in the credit union system,” Meyer said.

PSCU’s lifetime contributions to Filene place it among the Institute’s top three overall donors. PSCU’s commitment to innovation drives its engagement with Filene, but the company is also committed to innovation throughout its own organization. This includes work as diverse as hosting KnockOut, a 24-hour crowd-sourced innovation summit, being the initial credit union partner to offer Google Wallet to credit unions, and bringing the theme of innovation to its annual member meetings.

True to that innovative spirit, PSCU has been an active sponsor and participant in dozens of Filene initiatives, including the inaugural Crash the GAC young professional meeting, several innovation field trips to Finovate in New York and San Francisco, Filene’s 30 Under 30 young professional group, and Filene’s CU Tomorrow and COOL Solutions research devoted to attracting young adult members and employees.

Filene’s mission is to support research and innovation efforts that will ultimately enhance the well-being of consumers and assist credit unions in adapting to rapidly changing economic, legal, and social environments. Filene is a non-profit educational foundation that relies primarily on donations to sustain its research and innovation efforts.

Filene and PSCU will continue to work together on innovation projects and forward-looking research that advance the interests of consumers and credit unions.

About Filene
The non-profit Filene Research Institute is a consumer finance think tank serving the North American credit union system of $1.5 trillion in assets and more than 106 million members. Filene publishes objective research and fosters consumer-focused financial innovation. The Institute collaborates with leading researchers and academic institutions worldwide.

About PSCU
Established in 1977, PSCU (St. Petersburg, Fla.) is the nation's leading credit union service organization (CUSO) and serves more than 1,500 financial institutions nationwide. The company is owned by nearly 700 member credit unions representing 16 million credit, debit, prepaid, online bill payment, mobile and electronic banking accounts. Comprehensive 24/7/365 member support is delivered through four Contact Centers located throughout the United States that handle more than 18 million inquiries a year.