PSCU’s Lumin Digital Successfully Converts Mutual Security Credit Union to Digital Banking Platform

San Ramon, Calif. — (December 10, 2019)Lumin Digital, a PSCU company, announced
today it has successfully converted and onboarded Mutual Security Credit Union (Shelton,
Conn.) to Lumin Digital’s cloud-based platform. More than 10,000 active Mutual Security digital
users are now utilizing the Lumin platform, which launched in late September.

With over $315 million in assets, Mutual Security Credit Union selected Lumin Digital as its
digital banking solution due to Lumin Digital’s capability to provide a user experience surpassing
that of big banks and other financial institutions.

“After conducting extensive research, we chose Lumin Digital because we believe it is the top
online banking system on the market,” said Larry Holderman, CEO of Mutual Security Credit
Union. “Our team worked in close coordination with the Lumin Digital team to execute a well-
orchestrated conversion for our members. We look forward to continued success with Lumin
Digital as our trusted digital banking partner.”

As a cloud-based digital banking platform built using modern, market-leading technology, Lumin
Digital provides members with a tightly integrated and customized experience. In creating a truly
personalized journey, Lumin Digital helps credit unions better engage with their members,
increase value and deepen relationships – all at secure speed with minimal risk.

“Mutual Security Credit Union has been a great partner throughout the onboarding process, and
we look forward to continuing to serve the credit union and its members through our digital,
cloud-based banking platform,” said Jeff Chambers, president of Lumin Digital. “The successful
and seamless Mutual Security launch shows that Lumin Digital is well-positioned for future
conversions and ready and able to make a real difference in the way credit union members
conduct their banking digitally.”

The formation of Lumin Digital was announced at PSCU’s annual Member Forum in April 2018.
As a PSCU company, Lumin Digital’s offering provides seamless access to a wide array of
PSCU platforms and services, including card services, data analytics and contact center
support. For more information, visit lumindigital.com.

About Lumin Digital
Lumin Digital, a PSCU company headquartered in San Ramon, Calif., delivers digital banking
solutions to credit unions across the United States. Founded by financial technology experts,
Lumin Digital is working to redefine digital banking with its proprietary member engagement
platform, providing credit unions with a solution that allows them to quickly and safely adjust to
their member needs. Through the use of Lumin Digital’s member data and predictive analytics,
credit unions have the ability to create custom experiences for members, creating a truly
personalized journey that helps their members thrive while building a connected relationship.
For more information, visit lumindigital.com.

About PSCU
PSCU, the nation’s premier payments CUSO, supports the success of 1,500 credit unions
representing more than 3.8 billion transactions annually. Committed to service excellence and

focused on innovation, PSCU’s payment processing, risk management, data and analytics,
loyalty programs, digital banking, marketing, strategic consulting and mobile platforms help
deliver possibilities and seamless member experiences. Comprehensive, 24/7/365 member
support is provided by contact centers located throughout the United States. The origin of
PSCU’s model is collaboration and scale, and the company has leveraged its influence on
behalf of credit unions and their members for more than 40 years. Today, PSCU provides an
end-to-end, competitive advantage that enables credit unions to securely grow and meet
evolving consumer demands. For more information, visit pscu.com.