Treasury Prime Partners with First Credit Union to Expand Embedded Banking

On June 10, 2025, Treasury Prime announced that People Trust Community Federal Credit Union became the first credit union to join the Treasury Prime Network, marking a significant expansion of the BaaS provider's partner ecosystem. Previously focused on bank partnerships, Treasury Prime's entry into the credit union space opens embedded banking access to mission-driven, community-based financial institutions. People Trust Community FCU will leverage Treasury Prime's API infrastructure to enable fintech partners to offer embedded financial services backed by the credit union.

The partnership is positioned as advancing financial inclusion by connecting underserved communities with modern embedded banking capabilities. Treasury Prime's network model allows fintechs to access multiple banking partners through a single integration, and the addition of credit unions diversifies the types of charter partners available. Financial terms were not disclosed.

The move could encourage other credit unions to explore embedded banking as a growth and relevance strategy.