News & Events
PHILADELPHIA FEDERAL CREDIT UNION LAUNCHES NEW CREDIT CARD PROGRAM SERVICED BY ELAN FINANCIAL SERVICES
MINNEAPOLIS and PHILADELPHIA (November 9, 2011) - Philadelphia Federal Credit Union (PFCU), a member-owned, not-for-profit financial institution serving Philadelphia and Columbia, PA communities, is partnering with Elan Financial Services (Elan), the nation’s oldest and most chosen agent card issuer in the United States, to offer its 104,000 members a full suite of PFCU Visa® credit cards with reward options for consumers and businesses.
"We looked to partner with a card provider that offers first-class products with superior service," said James McAneney, president/chief executive officer of PFCU. "Elan’s suite of credit card products complements the diverse needs of our members from the young adult looking to establish credit to the savvy business owner with high expectations. Their reputation within the credit union industry was a significant factor when developing our overall marketing strategy."
"Elan's proven track record of taking credit union card programs to the next level is the perfect fit for Philadelphia Federal Credit Union," said Bobby Lawson, vice president national sales for Elan Financial Service. "Credit unions choose Elan so they can leverage our experience as a full-service credit card issuer. They also benefit from the marketing and sales support we provide their credit union and the highly valued service and reward options we offer their members."
As a card issuing partner, Elan Financial Services is dedicated to serving financial institutions with best in class credit card products and rewards that meet the unique needs of every customer. Elan’s end-to-end solution also includes card servicing and marketing as well as branch support and sales incentives. For more information, visit www.cupartnerships.com.
About Philadelphia Federal Credit Union
Founded in 1951, PFCU is a member-owned, not-for-profit financial institution serving Philadelphia and Columbia, PA communities. With more than $800 million in assets, 104,000 members and 400 Select Employee Groups (SEGs), PFCU is among the top five credit unions in Philadelphia. As a full service financial institution, PFCU offers deposit accounts, consumer loans, real estate loans, business loans, investment and insurance services and business banking services. At PFCU, we’re better. honest.® For more information, visit www.pfcu.com.
About Elan Financial Services
Elan Financial Services provides a complete range of processing and payments services, including credit card issuing, prepaid card solutions and ATM and debit card processing. Elan Financial Services is a leading credit card issuer for more than 2,000 clients in 50 states. It provides transaction processing, terminal driving and the necessary monitoring and support services for over 27,000 ATMs nationwide, and supports more than 20 million ATM and debit cards. Elan also owns and operates the MoneyPass surcharge free ATM network. For more information call 800-343-7064, or visit www.cupartnerships.com.