Pioneer Bank, Chicago, has farmed its data processing out to the largest bank-owned computer services provider, M&I Data Services Inc.

The deal encompasses all core services, item processing, backroom operations, and automated teller machine support. The $400 million-asset bank, which converted to M&I in October, had been a customer of Brookfield, Wis.-based Fiserv Inc.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.