Fiserv Signs 30 New Credit Union Account Processing Clients in 2009

February 22, 2010
Fiserv Signs 30 New Credit Union Account Processing Clients in 2009

Brookfield, Wis., February 22, 2010 - Fiserv, 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 it signed 30 new credit union clients to contracts for its account processing solutions in 2009, including 11 new signings in the fourth quarter.

Executives of these credit unions were seeking account processing and value-add solutions capable of supporting their individual business strategies to drive growth, reduce risk and increase efficiency. Fiserv is positioned to deliver the most comprehensive array of technologies to these credit unions, including account processing; telephony services; credit and debit card processing; Internet banking; bill payment; accounting tools; and electronic statements.

"The building momentum we experienced throughout 2009 validates the breadth and strength of our product offerings, as well as our consolidated 'One Fiserv' approach to the market," said Scott Butler, president of Credit Union Solutions at Fiserv. "During this transformative time in the financial services industry, our reputation for reliability and commitment to innovation are also important to credit unions, since leaders for these institutions recognize that Fiserv will be there for them in the future."

Credit unions who chose to partner with Fiserv in 2009 range from $3.2 million to more than $3 billion in assets. The credit unions selected a variety of value-add solutions from Fiserv including Virtual Branch® Internet banking, bill pay, and electronic statements; debit and credit card processing; ConvergeIT® telephony services; Wisdom™ accounting tools; report and document imaging; and Loancierge™ loan origination.

About Fiserv
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. Ranked No. 1 on the FinTech 100 survey of top technology partners to the financial services industry, Fiserv celebrated its 25th year in 2009. For more information, visit www.fiserv.com.