Two Credit Unions Select XP2 from Fiserv for Account Processing with an Array of Integrated Solutions

  • Greater Iowa Credit Union selects XP2 from Fiserv, along with solutions for wire transfer, ATM management and financial accounting
  • E Federal Credit Union expands its relationship with Fiserv with XP2 and digital banking solutions Corillian Online, CheckFree RXP and Mobiliti, among others
  • XP2 is a proven choice in account processing for credit unions that supports credit unions’ growth and drives operational efficiency

BROOKFIELD, Wis.--()--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions and the leading provider of business driven technology solutions for credit unions, announced today that two credit unions have selected the XP2® account processing platform along with an array of additional integrated solutions. Greater Iowa Credit Union based in Ames, Iowa, and E Federal Credit Union based in Baton Rouge, La., chose Fiserv as a technology partner due to its commitment to delivering innovative technology that can provide the business and member services desired in their respective communities.

“With the depth of integration provided from Fiserv, we look to become more efficient throughout our operation – streamlining processes and procedures that will make it easier for our staff to better serve members and making it more convenient for members to conduct their business with us”

“With their selection of Fiserv, Greater Iowa and E Federal Credit Unions gain a partner that has the ability to deliver an enterprise-wide solution to meet their strategic needs,” said Naseer Nasim, president of account processing solutions, Credit Union Solutions, Fiserv. “Fiserv serves our clients with total solutions to support their goals, whether it’s expanding services to local businesses or gaining a better understanding of their members. XP2 is an advanced technology platform with established integration across a broad range of Fiserv solutions including mobile and online banking, imaging services and more.”

Greater Iowa Credit Union, which serves over 30 counties in Iowa, sought technology to help gain a fresh approach to deepen member relationships and implement a competitive business services program for its members with small businesses. With its selection of Fiserv, Greater Iowa CU can quickly implement a competitive business services program for its members and initiate an effective cross selling program at the credit union. Other integrated Fiserv solutions selected by Greater Iowa include LynxGate® for ATM management, WireXchange® for wire transfers and Wisdom™ for financial management.

“Our long-term goals are to grow our membership in Iowa by offering efficient and state-of-the-art retail and commercial services. We believe Fiserv will help us achieve our desired results with the ability to offer expanded small business products and more personalized offers to current members,” said Scott Zahnle, Chief Executive Officer, Greater Iowa Credit Union. “Fiserv is a proven supporter of credit unions and its level of investment in its solutions demonstrates a strong commitment to our success.”

E Federal Credit Union chose Fiserv as a technology partner due to the company’s commitment to providing innovative technology, as well as its continued investment in XP2 product development. The total Fiserv solution for E Federal includes the ACCEL/Exchange® payments network, Corillian Online® for online banking, CheckFree® RXP® for bill delivery and payments, Mobiliti™ for mobile banking, Teller Source Capture™, Nautilus®, AML Manager, ConvergeIT®: IVR voice response system, Wisdom and LynxGate. Fiserv will help the credit union achieve strategic business objectives, including increasing process efficiency, maximizing business opportunities at its new branch facilities and deepening financial relationships with its members.

“With the depth of integration provided from Fiserv, we look to become more efficient throughout our operation – streamlining processes and procedures that will make it easier for our staff to better serve members and making it more convenient for members to conduct their business with us,” said Tyler D. Grodi, Chief Executive Officer, E Federal Credit Union. “By selecting XP2 as our account processing solution, we expect to have better insight and access to information from ancillary systems from Fiserv such as online banking and bill payment as well as third party products.”

XP2 from Fiserv is a proven choice in account processing for credit unions featuring a Microsoft® .NET Framework architecture open at every tier and a member-centric design backed by an IBM® DB2 relational database. With scalable technology and established interfaces for a broad range of enterprise solutions, XP2 supports credit unions’ growth and drives operational efficiency. XP2 is available via service bureau, in-house delivery or facilities management.

Fiserv is the U.S. market leader in account processing services for financial institutions. More than one third of U.S. financial institutions rely on Fiserv for account processing solutions and expertise.

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About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving the financial services industry, driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com.

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Contacts

Media Relations:
Julie Smith
Public Relations Manager
Fiserv, Inc.
412-577-3341
julie.smith@fiserv.com
or
Additional Contact:
Wade Coleman
Director, Public Relations
Fiserv, Inc.
678-375-1210
wade.coleman@fiserv.com

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