Financial Partners CU In Telecom DealWith SBC

DOWNEY, Calif. - (03/22/05) -- Financial Partners CU announcedMonday a three-year deal with SBC Communications Inc. to provide itwith bundled telecommunications services. Under the agreement,valued at $750,000, SBC companies will provide the credit union'sheadquarters here with local, long distance, audio conferencing,and Voice over Internet Protocol (VoIP) services. The contractrepresents a new revenue source for SBC because the $620 millioncredit union is converting from a competing telecommunicationsprovider.

For reprint and licensing requests for this article, click here.
MORE FROM AMERICAN BANKER