Credit Unions Hop on the iPhone Bandwagon for Mobile Banking

PSCU Financial Services, the nation's largest credit union service organization, has launched new iPhone and iPod touch mobile banking applications. According the PSCU, "his latest capability will help credit unions attract Gen Y and other member segments who are avid iPhone/iPod users. It also builds brand recognition through credit union logo visibility on the member's mobile device and customized iPhone application in the iTunes store."

Yesterday, CO-OP Financial Services announced that it has added the Apple iPhone to the roster of devices that can use its CO-OP Mobile banking software. Customers of credit unions served by CO-OP now can simply download the “CO-OP” application from the Apple iTunes Store to start performing mobile banking activity such as verifying balances, viewing transaction history and transfering funds between accounts.