Velera, the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider, is pleased to announce it will provide River Valley Credit Union (River Valley CU) with debit and credit card processing support.
Founded in 1948, River Valley CU provides modern banking solutions and member-first service to residents of Southwest Ohio. Today, the credit union serves more than 27,000 members across six branches and holds $492 million in assets.
While exploring debit and credit card processing options, River Valley CU sought a partner that could deliver reliable technology, seamless system integration and transparent pricing while scaling with its growing membership. The credit union ultimately selected Velera for its demonstrated commitment to understanding River Valley CU’s needs and delivering adaptable solutions designed specifically for credit unions.
“At River Valley CU, we prioritize strategic partnerships that advance our mission and elevate the member experience,” said Peggy Mowry, SVP and Chief Administrative Officer of River Valley Credit Union. “As a trusted CUSO, Velera will help strengthen the infrastructure behind our card programs and enhance the security, convenience and overall value we deliver to our members.”
Velera will begin providing debit card processing services to River Valley CU in September 2026, with credit support to follow in June 2027.
“Our partnership with River Valley CU is rooted in shared values – driving innovation, providing exceptional service and always putting members first,” said Tiffany Doty, SVP, Sales at Velera. “We look forward to strengthening their card programs with secure, adaptable solutions that support both their team and the communities they serve.”
Related Articles:
Velera’s Chuck Fagan to retire at end of fiscal year; Brian Caldarelli named successor
Zelle Just Made It Way Easier for Credit Unions to Offer Fast Payments