BROOKFIELD, Wis. — Fiserv, Inc., provider of financial services technology solutions, said Abbott Laboratories Employees Credit Union has expanded its relationship with the company by adding multiple digital solutions.
The $700 million CU, headquartered in Gurnee, Ill., also renewed its agreement to use Fiserv’s Portico account processing platform.
ALEC has been a Fiserv client since it was a de novo credit union in 1990. It first selected the Portico account processing platform for its zero-footprint infrastructure. ALEC said it will integrate several new digital solutions from Fiserv, including CheckFree RXPfor electronic bill payments and Mobile Source Capture for mobile check deposit. The credit union also expanded its Mobiliti mobile banking solution by adding a downloadable mobile app and Mobiliti: Tablet.
"Our long-standing relationship with Fiserv was a major factor in our decision to re-sign this agreement," Joseph Trosclair, CEO of ALEC, said in a statement. "We may be a $700 million credit union, but we only have 90 total employees while serving members in eight branches, and we rely on Fiserv for the support, resources and solutions to help us run efficiently and still deliver outstanding service to our members."
In addition to the new digital solutions it selected, ALEC is continuing its commitment to the Portico account processing platform and Virtual Branch for online banking.
Fiserv has more than 2,000 credit union core processing clients.
