Fifth Third Processing Solutions Signs Six Credit Unions
CINCINNATI, Jan. 18, 2011 /PRNewswire/ -- Fifth Third Processing Solutions is pleased to announce that the following six credit unions have signed contracts with the company for single-sourced, comprehensive processing services including: ATM and debit card transaction processing, ATM driving, card production and network gateway access:
Quincy Credit Union located in Quincy, Massachusetts has been serving its members for 70 years. With over $375 million in assets the credit union has two locations and six ATMs. The credit union takes pride in providing its over 25,000 members with the best financial services possible in order to successfully satisfy their financial needs and requirements. The Credit Union's members include employees and families of the City of Quincy and those who live or work in Norfolk and Plymouth Counties, and in Dorchester. Learn more at www.qcu.org.
North Coast Credit Union headquartered in Bellingham, Washington began at the Bellingham Firehouse in 1939 as the City of Bellingham Employees Credit Union. In 1954 membership expanded to include postal and other public employees. To better reflect their community charter, the credit union changed its name to North Coast Credit Union in 1998. Today, with over $138 million in assets, four locations and six ATMs, the credit union serves over 13,000 members who live, work, worship, or attend school in Washington State. Learn more at www.northcoastcu.com.
New Mexico Energy Federal Credit Union headquartered on Kirtland Air Force Base in Albuquerque, New Mexico has been making life better for their 3000 members, one family at a time since 1956. The credit union is sponsored by the Department of Energy and the National Nuclear Security Administration. New Mexico Energy FCU serves those who work for these organizations or are contracted to them and work within the state of New Mexico. Family members and retiree's also benefit from membership. New Mexico Energy FCU's members enjoy no fee access to nationwide CU Service Center shared branches and Co-Op Financial ATMs. Learn more at www.nmenergyfcu.org.
TrustUS Federal Credit Union headquartered in Midlothian, Texas was established in 1954 and was formerly known as Texas Industries Employees Credit Union. Today the credit union has over $10 million in assets and serves 3,200 members with an additional location in Petersburg, Virginia. Learn more at www.trustusfcu.org.
Cutting Edge Federal Credit Union, located in Milwaukie, Oregon, has served their members since its inception in 1953. Cutting Edge offers its members a full service website that allows for true "Banking From Home." This enables users to obtain account balances and history reports, transfer money between accounts, make bill payments, and much more. With more than $35 million in assets, they serve 3,600 members from two locations. Learn more at www.cuttingedgefcu.org.
Citco Federal Credit Union located in Sheridan, Wyoming was established in 1954 as the Sheridan Public Employees Federal Credit Union to serve city and county employees of Sheridan. Renamed Citco in 1987, the credit union now offers membership to other area businesses and schools serving 1,900 members. The credit union exists to provide a convenient and competitive source of financial services for its member-owners that is consistent with prudent financial management and operates two ATMs and has over $10 million in assets. Learn more at www.citcofcu.com.
"We are excited to gain the expertise of the Fifth Third Processing Solutions' team which persistently focuses on the ever changing EFT industry," said Tracy Thorpe, President and CEO of Citco Federal Credit Union. "Also compelling is their vast experience in delivering proven debit marketing, and fraud monitoring systems. Their existing relationship with Bradford Scott and the new robust card extract file also confirmed that this was the right choice for our credit union, and ultimately would be most beneficial to our members."
"Credit Unions deliver specialized services to their members and we have the people, technology, and resources, to serve this unique market, "said Royal Cole, President, Financial Institution Services, Fifth Third Processing Solutions. "We are pleased to have been selected to work with all six of these credit unions to provide technologically advanced services to meet their processing needs and support their growth and expansion in the communities in which they serve."
Fifth Third Processing Solutions, LLC delivers innovative payment transaction processing and acceptance solutions to create and support complex payment strategies for merchants, businesses, and financial institutions around the world. A pioneer in card payment acceptance in the early 1970s, Fifth Third Processing Solutions is headquartered in Cincinnati, Ohio and is a joint venture with Advent International and Fifth Third Bank, a subsidiary of Fifth Third Bancorp (FITB)
As a premier full service payment solutions provider, the Company provides servicing solutions and product engineering for financial institutions' and retailers' credit card, debit card, merchant and private label programs processing over 33.3 billion ATM and point of sale transactions and over $344 billion in debit and credit card sales volume annually. Its subsidiary, NPC is the largest provider of payment processing services exclusively focused on the small-to-medium merchant processing market. The Company supports over 180,000 merchant and financial institution locations and 11,000 ATMs in 44 states and 11 countries. According to the Nilson Report (March 2010), the Company is the third largest U.S. merchant transaction acquirer. Learn more at www.FTPSLLC.com.
CONTACT: Lynn M. Rhoads, Senior Vice President
Communications Director
513.534.7742
SOURCE Fifth Third Processing Solutions
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