Fiserve 2 ServeFi(ve) Credit Union Platforms

Brookfield, Wis., Sept. 23, 2009 -PIN Payments News Blog- 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 has signed five new credit union clients to contracts for its Portico™, OnCU® and CubicsPlus® account processing solutions.



In addition to choosing an account processing solution from Fiserv, representatives from the five credit unions said they look forward to streamlining workflows and driving efficiencies by leveraging a wide range of value-added Fiserv solutions such as Card Services, Virtual Branch® Internet banking, Wisdom™ accounting tools and other best-of-breed products that are integrated with the account processing solutions to create enterprise-wide platforms for growth.



“Our newest clients repeatedly cite our wide range of products and services and the positive experiences of our longer-term clients as key factors in their decision to join the Fiserv family. This feedback is a clear indication that the Fiserv 2.0 initiative is a success for the company and the clients. It is also a signal that our strong commitment to client service is evident to our clients, and our delivery and execution remain the best in the business,” said Jeff Givens, senior vice president and national sales manager, Credit Union Solutions at Fiserv.



Reinforcing the Fiserv core competency in processing services among other areas of expertise, the company’s newest credit union clients include:



Conservation Employees Credit Union with $67 million in assets in Jefferson City, Mo., selected the Portico account processing solution to serve its 6,520 members. Conservation Employees will implement the full suite of Portico modules, including Contact Manager; Cross Sell and Tracking. In addition, the credit union will be adding LoanciergeTM loan origination, eFichencySM document imaging, Wisdom: ALM with Investments; Wisdom: 5300 Call Report Assistant; credit card processing; and Virtual Branch for Internet banking and electronic statements.



Firefighters Credit Union, Indianapolis, Ind., also chose the Portico account processing system as well as Virtual Branch for Internet Banking and bill payment; online ATM and debit card processing; Cross Sell and Tracking for Portico; and Statement Processing from Fiserv. Greater Indianapolis, with $51 million in assets and nearly 7,000 members, wanted to experience continued credit union growth without requiring staff growth and determined that the Fiserv solutions offered the automation and efficiency-boosting tools necessary to achieve their goals.



Memorial Employees Federal Credit Union in Hollywood, Fla., also selected Portico, citing the strength of Fiserv and the fact that the company’s offerings provide the best overall solutions package. The credit union, with $38 million in assets and 8,000 members, was looking to streamline office efficiency, especially imaging and loan processing, when it chose Portico. In addition to the Portico account processing platform, Memorial Employees chose eFichency document imaging; Virtual Branch for Internet banking and electronic statements; and Wisdom.



Organized Labor Credit Union in Modesto, Cal., chose the CubicsPlus account processing solution. With more than $19 million in assets, the credit union wanted to provide its 4,355 members with a solution that was “under one umbrella.” In addition to giving the credit union capacity to process debit cards online, in real-time, the credit union’s investment in Fiserv included Virtual Branch Internet banking and the Wisdom: ALM and 5300 Call Report Assistant modules.



Electric Federal Credit Union in San Jose, Calif., chose the OnCU account processing system from Fiserv. In addition to a full range of OnCU-related modules and services—including audio response and Web design, Electric Federal will be offering its 1,300 members Virtual Branch Internet Banking and Card Services from Fiserv. Ease of use, the reputation of Fiserv, price competitiveness and good references from OnCU clients were cited in the $11 million financial institution’s final choice.



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 celebrates its 25th year in 2009. For more information, visit www.fiserv.com .



Source: Company press release.