Only a few months after finalizing an exclusive agreement with Portland, Ore.-based Fiserv EFT, IBAA Bancard has more than a dozen banks committed to its new electronic banking services.
IBAA Bancard is the credit and debit card unit of the Independent Bankers Association of America.
Fiserv offers IBAA members a full range of electronic banking services, including automated teller machine driving, network access, and point of sale debit services.
The IBAA Bancard/Fiserv electronic funds transfer program now processes for First State Bank of Southern California, Los Angeles; First Federal Savings Bank of Twin Falls, Idaho; Central Valley Bank, Toppenish, Wash.; and American First National Bank, Everett, Wash.
Ten other banks have signed contracts and will start processing soon.