CINCINNATI, Sept. 8 /PRNewswire/ -- Fifth Third Processing Solutions is pleased to announce that the following two Massachusetts-based financial institutions have signed contracts for electronic funds transfer services, including gateway access, ATM and debit card processing and ATM terminal driving:
Mutual Federal Savings Bank, based in Plymouth County, MA, has operated continuously as an independent, local institution for more than a century serving the community's personal and small business banking needs. Today there are nine Mutual Bank locations and 10 ATMs in Southeastern Massachusetts, stretching from Brockton and Whitman in the north, east to Plymouth, and south to Falmouth on Cape Cod. The bank offers a wide variety of deposit and loan products, and convenience services, to local families and businesses throughout southeastern Massachusetts. Mutual Bank's dedicated management and staff and growing base of satisfied customers, form a strong foundation for continued growth and even greater success. www.mymutualbank.com
Bay State Savings Bank of Worcester, MA, has been a mutually owned community savings bank since it was founded in 1895. The bank's growth has been generated entirely through its customer relationships. Today the bank has over $300 million in assets, has eight offices and 7 ATMs located throughout Worcester, Auburn and Holden. www.baystatesavings.com
"We are proud to have been chosen as the payments processing partner for both of these pillar community financial institutions," said Angela Brown, President, Financial Institution Services at Fifth Third Processing Solutions. "They have established impeccable reputations in their communities. By enhancing their electronic funds transfer processing offerings, they are helping to ensure their ability to provide consistent, high-quality service to their expanding consumer and business client base."
Fifth Third Processing Solutions, LLC delivers innovative payment transaction processing and acceptance solutions to create and support complex payment strategies for merchants, businesses, and financial institutions around the world. A pioneer in card payment acceptance in the early 1970s, Fifth Third Processing Solutions is headquartered in Cincinnati, Ohio and is a joint venture with Advent International and Fifth Third Bank.
As a premier full service payment solutions provider, the Company provides servicing solutions and product engineering for financial institutions' and retailers' credit card, debit card, merchant and private label programs processing over 28.4 billion ATM and point of sale transactions and over $292 billion in debit and credit card sales volume annually. The Company supports over 173,000 merchant and financial institution locations and 11,000 ATMs in 44 states and 11 countries. According to the Nilson Report (March 2009), the Company is the fourth largest U.S. merchant purchase transaction acquirer. Learn more at www.FTPSLLC.com.
SOURCE Fifth Third Processing Solutions, LLC
