CEFCU still has a NYCE relationship Secaucus, N.J., June 22, 2009 -- NYCE today announced that Citizens Equity First Credit Union (CEFCU) of Peoria, Ill., has renewed its NYCE Network participation. NYCE is the credit union’s exclusive provider of domestic ATM and point-of-sale access. NYCE Payments Network, LLC, is a leading U.S. electronic payments network and a Metavante (NYSE:MV) company. Metavante is a leading provider of banking and payments technology.
With assets of more than $4 billion, CEFCU is one of the United States’ largest community-based credit unions. It serves more than 262,000 members in 50 states and several foreign countries, and it contributes nearly 370,000 cards and 109 ATMs to the NYCE Network.
“Our mission at CEFCU is about putting member/owners first,” said Todd Haller, vice president, EFT, CEFCU. “Our vendor relationships must support the financial needs and goals of the people we serve, and they must be cost-effective to maximize the value of membership with CEFCU. Our exclusive relationship with NYCE has consistently performed for us, giving CEFCU members the convenient account access and payment options they need no matter where they live, work, and travel.”
“To achieve the kind of growth and longevity that CEFCU has achieved, you have to be able to maintain long-term relationships with your members,” said Steve Rathgaber, NYCE president. “By renewing their relationship with NYCE, CEFCU signals confidence in our ability to continue delivering tangible value that aligns with and supports that mission.”
About CEFCU
With assets totaling over $4 billion, CEFCU serves 262,000 members through 19 Central Illinois Member Centers; Valley Credit Union, a division of CEFCU; the CEFCU Financial Center; the Money Center 24 ATM Network; CEFCU’s Web site, www.cefcu.com ; and www.cefcu.mobi .
About NYCE
NYCE Payments Network, LLC, a Metavante company, helps its clients grow with innovative new products and strategic alliances that enable them to capitalize on the efficiency, consumer convenience and security of electronic real-time payments. The NYCE Network provides consumers with secure, real-time access to their money, offering hundreds of thousands of ATM locations and millions of point-of-sale locations nationwide. The NYCE Direct Bill Payment service offers cardholders a convenient way to pay bills online in real-time via their bank accounts. NYCE Balance Transfer services drive asset growth for consumer credit issuers through automated balance transfer/consolidation payment services. Headquartered in Secaucus, N.J., NYCE Payments Network, LLC, (www.nyce.net ) is a wholly owned subsidiary of Metavante (NYSE:MV).
Source: Company press release.
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