UNCLE Credit Union Launches Secure Person-2-Person Payment Service in Partnership With PayPal(TM)

Members Can Now Quickly Transfer Secure Funds to Almost Anyone in the World


LIVERMORE, CA--(Marketwired - Feb 24, 2015) - UNCLE Credit Union, serving the East Bay communities of Livermore, Pleasanton and Tracy, is making it easier than ever for members to send money to almost anyone with its recently launched money transfer service, Send Money, powered by PayPal™. Using UNCLE's mobile app, members can quickly and securely transfer funds from their checking account to another person or merchant. Send Money is the latest in a series of new features offering UNCLE members enhanced access to 24/7 financial services -- allowing them to complete transactions anytime, anywhere from devices such as their smartphone, iPad or other tablet computer.

With Send Money, UNCLE members can pay bills and send money to friends and family instantly -- using just the recipient's email or mobile number. Fully integrated with both the Android and iPhone mobile devices, the service offers members a new level of convenience and practicality whether it's used to split a dinner bill among several people, pay rent, provide financial support for a relative or simply make a purchase. The sender does not need to have a PayPal account to send the funds.

"We're focused on improving the member experience, and with today's rapidly evolving technology, that means providing an exceptional level of convenience using 24/7 banking," said James Fisher, senior vice president and chief technology officer of UNCLE Credit Union. "In the upcoming year, we'll continue to invest in technology centered on giving members greater flexibility in how they manage their money, including expanding the options available to them for making payments."

UNCLE empowers members to take control of their finances by enabling them to use mobile and online banking services to check account balances, pay bills, set account alerts, monitor spending, track financial goals and more. In addition to Send Money, the Credit Union's online and mobile features include eDeposit (electronic check deposit), the free financial management/budgeting tool My Money Tracker, a way to view real-time account information via a text message using TextMe and the ability to transfer money to accounts at other institutions using Account-to-Account Transfer.

UNCLE Credit Union members who want to take advantage of Send Money can get started right away with simple set up at bit.ly/SendMoneyP2P.

About UNCLE Credit Union
Established in 1957, UNCLE Credit Union is a $300 million, full-service financial institution that proudly serves nearly 22,000 members. With branches in Pleasanton, Tracy, and two locations in Livermore, the organization offers the benefits of credit union membership and a full array of financial services to anyone who lives, works, worships, or attends school in Alameda, Contra Costa, San Joaquin, and Stanislaus counties. UNCLE Credit Union is renowned for its community involvement, professional and personalized service, and unwavering commitment to helping members achieve their financial goals. To learn more, visit www.unclecu.org.

Contact Information:

CONTACT:
Jennifer Hall
408.406.6251