PSCU acquires more offices

October 1, 2008 - 8:54am | News | Other themes |
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[img_assist|nid=10333|title=|desc=|link=none|align=left|width=100|height=53]PSCU Financial Services Inc., a Florida-based firm that provides payment processing to credit unions, acquired data marketer Acxiom Corp.'s former Deer Valley office for $25.4 million.

In 2004 Acxiom, based in Arkansas, built the 97,300-square-foot office southeast of Seventh Street and Loop 101 in Phoenix.

PSCU plans to move to the new building in November from 50,000 square feet it leases at 25th and Peoria avenues as reported by Blaine Black, a senior director with Cushman & Wakefield of Arizona Inc., who represented interests of PSCU in sale negotiations.

PSCU, the non-profit cooperative, is owned by about 500 credit unions and provides credit, debit, ATM and online bill-payment services to about 1,100 financial institutions across the country. There are nearly 300 employees in the team of the company working in Phoenix. The new location is capable to house 600 workers.




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