State Employees' Credit Union renews Visa deal

Source: Visa

State Employees' Credit Union (SECU), a non-profit financial cooperative based in North Carolina, and Visa Inc. (NYSE: V) today announced that they have renewed a comprehensive brand partnership through 2018. As part of the agreement, SECU, one of the largest credit unions in the United States, will continue to offer its members the full range of Visa consumer products - Visa debit, credit and prepaid - as well as processing through Visa Debit Processing Service.

"As a member-owned credit union, our focus is on providing financial services and payment options for our members that offer a safe, convenient and superior payment alternative," said Leanne Phelps, SVP Card & Record Services, SECU. "Through our partnership with Visa, we have been able to offer our members flexible payment tools that bring convenience and peace of mind as well as more efficient processing services and greater value back into the credit union."

"Visa is delighted to renew our long-standing partnership with SECU, providing its members with the full suite of Visa consumer products and services, including debit and debit processing services," said Hans Morris, President, Visa Inc. "As consumers increasingly turn to electronic payments, and in particular debit products, for non-discretionary spend, we look forward to continuing our relationship with SECU and delivering the tools and services to help its members manage their funds more conveniently and securely."


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