FISV Fiserv Inc.

Brazosport Teachers FCU Selects Fiserv for Core Account Processing with Integrated Digital Banking Solutions

BROOKFIELD, Wis.--(BUSINESS WIRE)--

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that Brazosport Teachers Federal Credit Union, based in Clute, Texas, has partnered with Fiserv to increase efficiency and provide members with an innovative digital experience. Brazosport Teachers will further these goals by converting to the Portico® core account processing platform with integrated digital and mobile banking solutions from Fiserv.

“Our credit union is celebrating its 70th anniversary in 2017. As we prepared for this milestone we thoroughly evaluated the capacity of our current technology to deliver the level of service our members will expect moving forward,” said Donna Butterfras, CEO, Brazosport Teachers Federal Credit Union. “Based on our review of multiple technology providers, Fiserv showed the greatest level of innovation and demonstrated expertise with a hosted technology model. Moving to Fiserv will allow us to streamline our technology management and provide new services for our members.”

The integrated software-as-a-service (SaaS) suite selected by Brazosport Teachers includes Virtual Branch® for online banking with enhanced bill pay, Mobiliti™ for mobile banking, Mobile Source Capture™ for mobile deposits, Loancierge® for lending automation, Wisdom™ for accounting and call report management, and solutions for credit and debit processing, statements and web signatures.

“Our technology partnership with Brazosport Teachers will help lay the foundation of an enriched member experience, while providing an efficient operational environment for the credit union,” said Ryon Packer, senior vice president, Products, Credit Union Solutions, Fiserv. “The integrated SaaS Portico suite will support the credit union’s growth strategy and enable the services members need today and in the future.”

Brazosport Teachers was established in 1947, and has more than $40 million in assets and 4,200 members. The credit union serves employees and family members of Brazosport Independent School District, Angleton Independent School District and Brazosport College, all based in the Houston area. The conversion to Portico with enhanced digital and mobile functionality will enable Brazosport Teachers to grow and deliver additional value to members.

Fiserv is the U.S. market leader in account processing services, and more than one-third of U.S. financial institutions rely on Fiserv for account processing solutions and expertise. Portico is built on a service-oriented, open architecture framework, which enables credit unions to integrate solutions from Fiserv and other vendors with greater ease and speed.

In a world that is moving faster than ever before, Fiserv helps clients deliver solutions that are in step with the way people live and work today - financial services at the speed of life. Learn more at Fiserv.com.

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About Fiserv

Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and deliver financial services experiences that are in step with the way people live and work today. For more than 30 years, Fiserv has been a trusted leader in financial services technology, helping clients achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and insights and optimization. Fiserv is a member of the FORTUNE® 500 and has been named among the FORTUNE Magazine World's Most Admired Companies® for four consecutive years. For more information, visit Fiserv.com.

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27/02/2017

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