John Pugliese, Current Chairman of the Board of Team Capital Bank and Former Head of Consumer Banking at The Bank of New York Joins Fisoc's Board

AUSTIN, Texas, Nov. 27, 2012 /PRNewswire/ -- fisoc, a company that provides a Buzz Points merchant-funded loyalty program that enables banks and credit unions to connect consumers and merchants through social media engagement and rewards, today announced that banking veteran John Pugliese has joined the company's Board of Directors.

He is currently Chairman of the Board of Team Capital Bank, with Branches located in both Pennsylvania and New Jersey, and is one of the faster growing de novo banks in the country.

"Mr. Pugliese's key leadership positions in the areas of product sales, institutional marketing, investment services and consumer banking will prove invaluable to fisoc as we continue to expand nationally," stated Jay Valanju, CEO of fisoc. "His reputation within the financial community will also bring enhanced credibility and confidence in fisoc to our current and prospective banking and credit union customers."

Mr. Pugliese is the former Head of Consumer Banking at The Bank of New York where he oversaw more than 340 branches, representing over 3,000 employees and over $15 billion in deposits. Through this network, the Bank provided a comprehensive selection of deposit, lending, investment and insurance services to 700,000 households and small businesses, representing over 2 million accounts.

"I am deeply impressed with fisoc's ability to successfully integrate financial services, social media and a rewards program for community banks and credit unions," said John Pugliese. "It's a winning combination and I'm looking forward to being a part of the rapid growth phase that fisoc will be entering."

Mr. Pugliese has also served as the Chairman of the Better Business Bureau of Metropolitan New York as well as the Board of Regents for St. Peter's College.

This is the second high profile individual that has joined fisoc this year. In March the company announced that Dan Mica, former President and CEO of the Credit Union National Association (CUNA), joined the company as an Advisory Board Director.

About fisoc and the Buzz Points Program
fisoc, Inc, was founded to develop and provide products that enable credit unions, independent and community banks to target consumers through social engagement and rewards programs. fisoc, Inc. helps financial institutions increase transactions, improve account balances, and grow loan demand as they attract new customers. The Buzz Points Merchants Program increases existing consumer loyalty and attracts new customers to participating local retailers. Investors include Greycroft Partners, Daylight Partners and Angel Investors. For more information, please visit: www.buzzbanking.com.

Media Contact:
Tom Price
Bernard Group Communications
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SOURCE fisoc, Inc.