PSCU and its Member-Owners operate in a payments environment that refuses to stand still. We need to be continually in motion to lead extraordinary change. Our playbooks – PSCU’s and your own – should be considered works in progress. They will never be finished or complete. Our challenge of keeping existing members and winning the next ones will be ongoing for the foreseeable future. PSCU’s mission is to ensure that Member-Owners have the right solutions and strategies to meet consumers’ demands for convenient, secure and engaging payments channels and methods.
2012 Annual Report
Credit unions have every reason to celebrate the growth they experienced in 2012. Our 2012 Annual Report, entitled Be Relevant. Go Forward. tell a powerful story of consumers’ preferences and the value of credit unions. The local brand is winning. The shift of consumer preferences from large banks to local credit union brands drove growth and performance in 2012 to record levels: credit unions added over two million new members, originated $330.6 billion in loans and opened nearly 2.8 million checking accounts as members designated credit unions their primary financial institution. Our positive performance together in 2012 gives us the momentum to continue our journey to greater growth and relevance in the years ahead. The 2012 Annual Report looks back on a year of extraordinary performance and growth for credit unions, one that gives credit unions the momentum they need to compete, prosper and leverage the great opportunities that await in 2013.