Nine Credit Unions Select Fiserv for Account Processing
CUSA, Portico and OnCU account processing solutions from Fiserv
selected by credit unions across the U.S. based on their unique
Value-added Fiserv products to integrate with account processing
suites include ZashPay, Mobile Money, CheckFree RXP, Wisdom, Virtual
Branch, ConvergeIT:IVR, Loancierge, eFichency
New clients cite the ability to streamline operations through a single
technology partner as key to decision
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Inc. (NASDAQ: FISV), the leading global provider of financial
services technology solutions and the largest provider of
business-driven technology solutions
for credit unions, announced today that nine credit unions have
selected account processing platforms from Fiserv along with a wide
range of value-added capabilities for online and mobile banking,
person-to-person payments, electronic statements and loan origination.
"Credit unions are seeking new ways to create back-office efficiencies
and improve the member experience," said Scott Butler, president, Credit
Union Solutions at Fiserv. "Fiserv is a stable, single source partner
for a complete solution that lets them maximize their IT spending,
deliver compelling new services and focus on the needs of their members."
The most recent credit unions to choose solutions from Fiserv include:
Federal Credit Union in Richmond, Va., invested in the Portico®
account processing platform from Fiserv to streamline operations and
eliminate multiple third-party vendors. The credit union also selected
AccountCreateSM for online account opening; CheckFree®
RXP® for online bill payment; Loancierge™ for loan
origination; Mobile Money™ for mobile banking; WisdomTM for
asset liability management and 5300 Call Report preparation; and ZashPay®
for electronic person-to-person payments.
Federal Credit Union in Erwin, Tenn., chose the Portico platform
from Fiserv. The credit union cited Fiserv for its advanced technology,
overall reputation and strength in the credit union community.
Clinchfield also selected Loancierge for loan origination, Virtual Branch®
and Wisdom to support their strategies to increase product and service
offerings to their members.
Plus Federal Credit Union in Aberdeen, S.D., selected the OnCU®
account processing platform from Fiserv, citing the need to streamline
operations and address compliance issues. The institution will improve
service to its members by moving to the service bureau application,
adding Virtual Branch and CheckFree RXP as well.
Federal Credit Union in Miami, Fla., chose the Portico platform from
Fiserv to improve operations and service for their members. The credit
union also selected Loancierge, eFichencySM for document
imaging, Virtual Branch, statement processing and Wisdom. The breadth of
the Fiserv product played a key role in their decision.
Greater Norwalk Area Credit Union, Inc., in Norwalk, Conn., will
install the CUSATM account processing platform from Fiserv in
the service bureau application, as well as ConvergeIT®: IVR,
Virtual Branch and Wisdom. The credit union chose Fiserv because of its
previous experience with the company and to reduce the number of
third-party vendors it needed to serve its members.
Federal Credit Union in Watertown, S.D., chose the OnCU platform and
Virtual Branch to serve its members. Strong local references, a
dedicated client service model, and the range of products and services
available from Fiserv contributed to the credit union's decision.
170 Teamsters Federal Credit Union in Worcester, Mass., selected the
CUSA account processing solution with the service bureau delivery. Local
170 selected CUSA because of the platform's ease-of-use and strong local
references for Fiserv.
Choice Credit Union in Lawrence, Mass., selected the OnCU platform,
citing references given by existing clients and the stability of Fiserv
as reasons for the choice. The credit union also selected statement
printing and Virtual Branch to help streamline their operations and
expand services to their members.
Credit Union in Des Moines, Iowa, will also implement OnCU as well
as Virtual Branch. The credit union selected the OnCU platform because
officials recognized the solution's inherent ease-of-use and ability to
save the credit union both time and money.
Fiserv, Inc. (NASDAQ: FISV) is the leading global provider of
information management and electronic commerce systems for the financial
services industry, driving innovation that transforms experiences for
financial institutions and their customers. Fiserv is ranked No. 1 on
the FinTech 100 survey of top technology partners to the financial
services industry. For more information, visit www.fiserv.com.
Director of Communications
Source: Fiserv, Inc.
News Provided by Acquire Media
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