Bank technology

Fifth Third Venture to Process for a CU

By Daniel Wolfe

Published January 07, 2011, 7:15 p.m. EST

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Updated January 07, 2011, 6:15 p.m. EST

1 Min Read

Fifth Third Processing Solutions LLC announced that it will supply funds transfer services to First Cheyenne Federal Credit Union.

Processing Content

The Wyoming credit union operates three automated teller machines and has more than 4,500 members. Fifth Third said on Jan. 6 that it would handle automated teller machine and debit card processing, fraud monitoring, debit card portfolio marketing services and ATM terminal driving for First Cheyenne. Fifth Third Processing is a joint venture of Cincinnati's Fifth Third Bancorp and Advent International Corp., a private-equity firm.

Interim editor-in-chief, Digital Insurance

Daniel Wolfe is interim editor-in-chief of Digital Insurance and director of data services at Arizent, which publishes DI and American Banker. In... Read full bio

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Bank technology

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