Velera, formerly known as PSCU/Co-op Solutions and recognized as the nation’s leading credit union service organization (CUSO), has announced an expanded collaboration with Energy Capital Credit Union (ECCU). This partnership introduces Velera’s debit card processing services while continuing its credit card processing support, setting the stage for an enhanced financial experience for ECCU’s members.
Founded in 1934 and headquartered in Houston, ECCU serves over 19,000 members across six Texas counties, managing nearly $250 million in assets. Committed to empowering its members’ financial aspirations, ECCU sought to streamline card processing operations while maximizing vendor relationships.
After a comprehensive review, ECCU chose Velera for its ability to deliver seamless debit and credit card processing, complemented by modern solutions like contactless payment options.
“Velera stood out as the ideal partner to elevate our debit and credit card processing services. With Velera, we are not just upgrading technology but also focusing on creating a best-in-class member experience across in-branch and digital channels,” said DJ Contreras, Vice President of Member Services at ECCU.
Starting July 2025, Velera will extend its services to support ECCU’s debit card operations. This move reflects Velera’s commitment to helping credit unions achieve strategic goals and exceed member expectations.
Brian Scott, Velera’s EVP and Chief Growth Officer, expressed pride in the partnership, stating:
“ECCU’s dedication to providing superior member experiences aligns perfectly with Velera’s mission. We are excited to support their journey with innovative solutions that deliver unparalleled value.”
This collaboration underscores Velera’s role as a transformative force in the financial technology sector. By providing integrated debit and credit processing, Velera empowers ECCU to enhance operational efficiency and offer cutting-edge services that resonate with modern banking needs.
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