Four Credit Unions Sign with Fifth Third Processing Solutions
CINCINNATI, Nov. 2 /PRNewswire/ --Fifth Third Processing Solutions is pleased to announce that the following four credit unions have signed contracts for electronic funds transfer services, including gateway access, ATM and debit card processing, card production services and ATM terminal driving:
A+ Credit Union located in Idaho Falls, Idaho serves the Faculty, Staff, Students, Alumni and immediate family members of all Bonneville County educational facilities, including Eastern Idaho Technical College and University Place. Founded in 1955, the credit union today has over $14 million in assets and 5000 members. www.iftcu.coop
Baptist Employees Credit Union located in Cary, North Carolina, has been serving its members since 1961. Today the credit union has over 850 members and assets of $4.5 million.
Dowell Federal Credit Union of Tulsa, Oklahoma, has been serving its members since 1962. The credit union has grown to have $27 million in assets, 5300 members and serves the employees and families of employees of Schlumberger Oilfield Locations, Hydro Chemical Industrial Services, Inc., Chandler Instruments Company LLC and Process Manufacturing. www.dowellfcu.com
Gateway Community Federal Credit Union ofMissoula, Montana, was founded in 1968 by the International Paper Workers Union Local #885. Several years later, employees of the Missoula Electric Coop and Blackfoot Telephone Company joined the credit union. In 1995, Gateway Community Federal Credit Union was granted a community charter for the Missoula Community allowing it to serve all those that live, work and worship in the Missoula area. Today, the full service credit union with over $37 million in assets, serves its 6000 members through its three locations. www.gatewaycommunityfcu.com
"Our superior reputation in the payments processing industry enables Fifth Third Processing Solutions to partner with many quality and diverse financial institutions across the United States," said Angela Brown, President, Financial Institutions Services at Fifth Third Processing Solutions. "We are thrilled to be working with these four credit unions and all of our valued clients to help 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 28.4 billion ATM and point of sale transactions and over $292 billion in debit and credit card sales volume annually. The Company supports over 173,000 merchant and financial institution locations and 11,000 ATMs in 44 states and 11 countries. According to the Nilson Report (March 2009), the Company is the fourth largest U.S. merchant purchase transaction acquirer. Learn more at www.FTPSLLC.com.