MB Financial Renews and Expands Relationship With Fiserv to Support Continued Growth

April 10, 2017

$19 billion bank recommits to its Fiserv core account processing platform following successful conversion of two bank acquisitions in the last three years

BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that MB Financial Bank, N.A., has signed a long-term renewal with Fiserv. The bank, a wholly owned subsidiary of MB Financial, Inc., is recommitting following the successful conversion of two acquisitions to its Fiserv core account processing platform in the last three years. The bank has also signed an agreement for CheckFree® RXP® for electronic bill payment and expanded its Nautilus® capabilities to streamline content management across the enterprise.

A Fiserv client since 1995, MB Financial uses the Signature® account processing platform from Fiserv along with a wide range of Fiserv solutions, including Mobile Source Capture™ for remote deposit, Architect™ for online banking, PEP+® for ACH payment processing, LoanServ™ for loan servicing, and card services. Over the past three years, the professional services team at Fiserv has helped the bank complete two acquisitions - providing support and project management to ensure successful conversions.

"MB Financial has grown substantially during the course of their partnership with Fiserv, and our relationship has continued to deepen as their technology needs have matured," said Byron Vielehr, group president, Depository Institution Services, Fiserv. "We're focused on helping MB Financial execute on their service strategy, allowing them to provide customers with the capabilities they need to better manage their financial lives."

Fiserv is the U.S. market leader in account processing services, and more than one-third of U.S. financial institutions rely on Fiserv for account processing solutions and expertise.

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today - financial services at the speed of life. Learn more at fiserv.com.

About MB Financial

MB Financial, Inc. is the Chicago-based holding company for MB Financial Bank, N.A., which has approximately $19-billion in assets and a more than one hundred year history of building deep and lasting relationships with middle-market companies and individuals. MB offers a full range of powerful financial solutions and the expertise and experience of bankers who are focused on their clients' success. MB Financial Bank is a wholly owned subsidiary of MB Financial, Inc. (NASDAQ: MBFI).

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and deliver financial services experiences that are in step with the way people live and work today. For more than 30 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. Fiserv is a member of the FORTUNE® 500 and has been named among the FORTUNE Magazine World's Most Admired Companies® for four consecutive years, ranking first in its category for innovation in 2016 and 2017. For more information, visit fiserv.com.


Media Relations:
Ann Cave
Director, Public Relations
Fiserv, Inc.

Additional Contact:
Elizabeth McMillan, APR
Director, Corporate Communications
Fiserv, Inc.

Source: Fiserv, Inc.

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