CARLSBAD, Calif., Nov. 21, 2013 /PRNewswire-iReach/ -- Numi Financial, a leading program manager in the prepaid financial services industry, announced today a strategic alliance with Central National Bank of Enid (CNB), a full-service FDIC-insured national bank specializing in prepaid cards. With a shared mission to offer nationally recognized, prepaid financial solutions, both NUMI and CNB will continue to provide best-in-class cashless solutions to the justice and court systems of governments.
CNB President and CEO R.S. Baker, Jr. stated, "NUMI has designed a program model that benefits many parties. The joint collaboration between the Bank and NUMI will improve efficiencies for municipalities across the country. Taxpayers, the justice systems as well as the people who are transitioning out of the facilities will reap savings in costs and in convenience. We are pleased to be part of this solution."
"Partnering with CNB further solidifies NUMI as the prepaid program manager of choice for city, county, and state government justice and detention organizations," said NUMI CEO Brad Golden. "Together, CNB and NUMI will expand their portfolio of product offerings and continue to deliver cost saving financial solutions."
NUMI and CNB are strategically positioned to address the justice and detention department needs of city, county and state government organizations. NUMI's financial solutions are all designed to be provided at no cost to the government organization. NUMI's agility, flexibility and industry expertise allows for the prompt and seamless delivery of cost effective prepaid financial solutions for justice and detention agencies nationwide. NUMI's vast product offerings include inmate release card programs, work release card programs, juror pay card programs, and other custom card program requests. NUMI's portfolio of proven card programs is quickly becoming the recognized standard of excellence for the justice and court systems. With a strong portfolio of strategic relationships, industry alliances and over 300 agencies using the products, NUMI is the leading provider of cards for justice and detention systems.
Numi Financial is a prepaid financial services company specializing in MasterCard® branded prepaid access card disbursement programs. With years of experience providing a diverse range of prepaid card solutions for disbursement and funds management and a strong portfolio of strategic partnerships and industry alliances, NUMI is the leading issuer of cards for justice and detention systems. With over 300 agencies using the products, and its superior level of expertise and specialization in disbursement solutions for the justice and detention industry, Numi's disbursement solution products streamline operations and provide substantial cost and resource savings for government agencies of all sizes. For more information please visit our company's website at www.numifinancial.com.
About Central National Bank
Chartered in 1913, CNB has served customers for over 100 years. A full-service FDIC-insured national bank approaching $600 million in assets, CNB offers a full range of traditional banking products and trust services to eight communities in northern Oklahoma. Other innovative national product offerings include HUD MAP lending and transportation and heavy equipment lending. CNB has been in the prepaid space since the early 2000's and currently issues prepaid cards in multiple categories: campus, payroll, general purpose and corporate incentive. For more information, visit http://cnb-ok.com.
Central National Bank
Senior Vice President – Prepaid Division
Media Contact: Alice Vorotchaeva, Numi Financial, 760-444-5525 x1938, [email protected]
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SOURCE Numi Financial