Member Access Processing (MAP) exceeds goals across the board in 2023

Seattle, WA – February 12, 2024 – Member Access Processing (MAP), the nation’s leading provider of the Visa DPS Debit, Credit, ATM, and Digital Payment Processing platform to credit unions, welcomed 11 new credit unions to its client roster in 2023. Citing best-in-class service and product offerings, the credit unions are eager to join the fast-growing Credit Union Service Organization (CUSO).  MAP achieved double-digit growth again in 2023, with a year-over-year growth rate of 23.5 percent.

“We are excited to welcome this unique and diverse group of credit unions to MAP,” said Steve Bone, MAP’s President and CEO. “In joining MAP, credit unions gain a one-of-a-kind experience to help them realize peak of cardholder usage, loyalty and efficiency within the first year.”

Transactions grew at a robust 14.8 percent in 2023. With this year’s results, the company continues to record annual growth year-over-year.  MAP benchmarks its transaction volume to Visa. Visa’s processed transactions grew six percent during its Fiscal Year 2023.

“Again, MAP finished the year in a strong position,” said Jeff Sims, MAP’s Chief Financial Officer. “MAP’s healthy growth parallels our strong financial condition. We are well positioned to scale competitively while providing the best-in-class service we are known for.”

MAP’s growth matches the overall health of the credit union industry as credit unions’ growth continues to outpace the growth rate of the U.S. population. Over the past decade, credit unions have seen growing popularity among younger generations attracted to lower fees and greater community connection and commitment. An important part of the industry’s growth has been the ability of MAP to give its credit union customers and members access to premium credit and debit card benefits. Increasingly, customers’ connection to their cards is the strongest link to a credit union or bank. 

For more information about Member Access Processing, please visit https://maprocessing.com/. 

About Member Access Processing (MAP)

Member Access Processing (MAP) is the nation’s only card processing aggregator of the Visa Debit Processing Service platform for credit unions. MAP’s special role in the marketplace provides its client credit unions the unique opportunity to leverage the Technology, Security, and Service of Visa for their members. As a Credit Union Service Organization, MAP is committed to the credit union movement and values its credit union clients first and foremost. Working directly with Visa, MAP offers customized, turn-key Debit, Credit, ATM, and Digital solutions — all supported by MAP’s five-star training, support, and service.