Four Texas Financial Institutions Sign With Fifth Third Processing Solutions

CINCINNATI, Sept. 29 /PRNewswire/ -- Fifth Third Processing Solutions is pleased to announce that the following four Texas-based financial institutions have signed contracts with the company for single-sourced comprehensive processing services that include: ATM and debit card transaction processing, ATM driving, card production and gateway services.

Founded in 1920, Granger National Bank is the oldest bank in Granger.  The bank survived the stock market crash in 1929 and the ensuing depression of the early thirties.  Today it is locally owned and operated and has more than $25 million in assets.  They are a full service bank specializing in agricultural services and offering business and consumer loans as well.  www.grangernationalbank.com

AimBank, which was founded in 1925, has a proud history of providing hometown banking service combined with a superior line-up of products and delivery channels including debit cards, online bill payment, and Internet banking.  Headquartered in Littlefield, the bank has more than $190 million in assets, with seven locations and five ATM's serving the South Plains and Permian Basin. The bank will celebrate 85 years of serving its customers later this month.  www.aimbankonline.com

A long-term community institution, Spur Security Bank was founded in 1933 and is located in Spur serving all of Dickens County. With more than $35 million is assets, the bank offers personal and commercial banking services.  

Chartered as First State Bank of Bedias in 1907, the bank recently celebrated 100 years of continuous operation and remains one of the few locally owned and managed financial institutions in the area.  After more than a century the bank proudly bears its original name, and today and has more than $120 million is assets with two locations and two ATM's.  "Our bank has a rich past with an exciting future," said Robert Upchurch, President and Chief Executive Officer.  "We will continue to move forward with convenient leading edge technology, and we are thrilled to gain the expertise of the Fifth Third Processing Solutions team." www.bediasbank.com

"We are very pleased to be selected to work with all four of these Texas-based financial institutions which have a solid history of serving their customers since the early 1900's," said Royal Cole, President, Financial Institution Services at Fifth Third Processing Solutions.  "Our technologically advanced debit processing services will enhance the product offerings of these financial institutions and will uniquely distinguish them from their competitors."

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 (Nasdaq: 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 $315.5 billion in debit and credit card sales volume annually. 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.

SOURCE Fifth Third Processing Solutions