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Velera selected as debit, credit processing provider for River Valley Credit Union

Thursday, April 02, 2026 — 16:23:01 (UTC)

Velera Selected as Debit and Credit Processing Provider for River Valley Credit Union

Tampa, Fla. (April 2, 2026) – 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.”

About Velera

Velera is the nation’s premier payments credit union service organization (CUSO) and an integrated financial technology solutions provider. With over four decades of industry experience and a commitment to service excellence and innovation, the company serves more than 4,000 financial institutions throughout North America, operating with velocity to help its clients keep pace with the rapid momentum of change and fuel growth in the new era of financial services. Velera leverages its expertise and resources on behalf of credit unions and their members, offering an end-to-end product portfolio that includes payment processing, fraud and risk management, data and analytics, digital banking, instant payments, strategic consulting, collections, ATM and POS networks, shared branching and 24/7/365 member support via its contact centers. For more information, visit velera.com.

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Source: Company press release.

Categories: Partnership