News

Selco CCU buys into Visa DPS CUSO

May 15, 2013

Member Access Pacific, the nation's only card processing aggregator of the Visa debit processing service platform for credit unions, has announced that Eugene, Ore.-based Selco Community Credit Union has acquired one-quarter ownership in the CUSO.

"In partnering with MAP, we join a leading CUSO in the fast-growing payments industry," said Bob Newcomb, president and CEO of Selco Community Credit Union, which began processing debit, credit and ATM services with MAP in 2011. "We are excited to be part of a CUSO known for its unparalleled, innovative payment solutions and we look forward to being part of its future."

Selco Community Credit Union provides financial services to more than 90,000 members in 26 counties throughout Oregon. In addition to part ownership in the MAP CUSO, Selco interests include Selco Financial Solutions, Selco Insurance Services, and Selco Mortgage Co. LLC.

Member Access Pacific provides customized, turnkey debit, credit, ATM, mobile, prepaid reloadable, and gift solutions for credit unions.

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