Arlington, VA (April 27,
2015): Empower Federal Credit Union (FCU), a full-service financial institution
with more than $1.3 billion in assets, has signed a multi-year agreement with
Vantiv, Inc., a NAFCU Services Preferred Partner, to offer a complete suite of
payment processing solutions and related services for new and existing members.
“In addition to our own
analysis, what really helped in our decision process was the knowledge that
Vantiv was selected for the NAFCU Services Preferred Partner program,” said
John D. Wakefield, President/CEO, Empower Federal Credit Union. “We knew that
NAFCU had already completed an extensive evaluation process to approve Vantiv
as an outstanding provider of products and services to the credit union
This payment processing
agreement includes debit and credit card processing, Vantiv Analytics, EMV or
chip card reissue, Apple Pay and MasterPass mobile solutions, prepaid cards,
merchant services, and rewards processing. Credit unions, like Empower FCU,
gain expanded levels of data access and 24/7 support with Vantiv’s integrated
solution. Vantiv’s technology goes further by providing credit unions of all
sizes with vital analytics of transactional data to improve member service,
enhance operations, and strengthen their competitive advantage.
“We are thrilled that Empower
FCU has teamed with Vantiv, our Preferred Partner for debit and credit card
processing, to achieve their goals of consolidating payment processing and
realizing new levels of data access and utilization,” said Randy Salser,
President, NAFCU Services Corporation.
To learn more about Vantiv’s
integrated payment solutions for credit unions, please visit http://www.nafcu.org/vantiv/. For more
information about Vantiv's merchant services for financial institutions, visit www.vantiv.com/Products/Merchant-Services-for-Financial-Institutions.
About Empower Federal
Credit UnionEmpower Federal
Credit Union is a full-service financial institution that provides savings,
loan, and transaction services to members in Central New York. As a credit
union, Empower is a financial cooperative and is not-for-profit. Locations and
other information can be found at www.empowerfcu.com.
About Vantiv, Inc.Vantiv, Inc. (NYSE:
VNTV) is a leading payment processor differentiated by an integrated technology
platform. Vantiv offers a comprehensive suite of traditional and innovative
payment processing and technology solutions to merchants and financial
institutions of all sizes, enabling them to address their payment processing
needs through a single provider. For more information, visit www.vantiv.com.
About NAFCU Services
Corporation is a wholly-owned subsidiary of the National Association of Federal
Credit Unions (NAFCU). For 40 years, NAFCU Services has partnered with the
industry’s leading providers to offer superior solutions to credit unions. With
the NAFCU Services Preferred Partner Seal, we designate only those suppliers
who are truly committed to credit unions, and who have undergone a rigorous
evaluation process. For more information, visit www.nafcu.org/nafcuservices.