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Stanford Federal Credit Union announces preview of
Stanford FCU Plex Account available on Google Pay

Palo Alto, California
November 18, 2020

This week, Google announced the launch of the redesigned Google Pay. Along with this announcement was a sneak preview of the Plex Account by Google Pay designed with banking partners, including Stanford FCU. Stanford FCU is proud to be an initial partner, launching the Stanford FCU Plex account in 2021 with a consumer waitlist now available. Plex accounts can be opened and managed within Google Pay.

“Stanford FCU is committed to a great digital experience for our members and excited to be among the first to launch this account designed with the user experience at the forefront,” said Joan Opp, Stanford FCU President and CEO. “This collaboration combines Google’s best in class approach to user experience with Stanford FCU’s dedication to offering high value financial products to our membership base”. This account is designed to be simple, smart and secure. Account opening will be fast and frictionless from within the Google Pay app.

“Stanford FCU members using Plex Accounts will be able to open their account right within the Google Pay app and immediately benefit from all its features to save, send, spend and manage their finances,” said Caesar Sengupta, General Manager, Payments at Google. “We are excited to bring Stanford FCU’s deep experience in banking and its understanding of its customers to Google Pay users in the United States.”

Stanford FCU started this collaboration with Google just over a year ago and is excited to participate in the creation of something that is truly a unique mobile-first experience. We anticipate this account to include unique features and capabilities such as:

  • Fast and frictionless account opening
  • No monthly fees, no minimum balance requirements and no overdraft charges
  • Instant digital Visa® debit card and if requested a physical card
  • Seamless person to person capabilities for one-time, recurring or group payments
  • Real-time balance, transaction and purchase alerts
  • Many more to be shared closer to launch

Starting today, Google is launching a waitlist for consumers to sign-up for the Stanford FCU Plex Account and receive updates and additional information. Download the Google Pay app from Google Play or the App Store to sign up.

Stanford FCU is a $3.4 billion credit union based in Palo Alto California that serves the Stanford community along with employees of many technology companies headquartered in the Bay Area, including Google. Stanford FCU has always prided itself on being innovative and focuses heavily on providing services through digital means to meet the expectations of their tech savvy members living across the United States.