Sidney federal credit union

BROOKFIELD, Wis. -- Fiserv, Inc. (Nasdaq:FISV) said its Fiserv EFT/CNS unit has signed a five-year agreement for ATM device-driving services and electronic funds transfer (EFT) processing with Sidney Federal Credit Union of Sidney, New York.

Fiserv will provide Sidney FCU with complete ATM operational support, ATM and debit-card processing services, network gateway access and on-line host authorizations. Sidney previously received its services from Fiserv via a reseller agreement.

"Sidney FCU members have relied on Fiserv since 1991 for transaction processing and our new direct contract ensures continuity of services for our 49,000 members," said Dave Rutenber, Vice President of Information Systems for Sidney FCU. "We have always had an outstanding business relationship with Fiserv and are pleased to continue our association."

Sidney FCU, with $235 million in assets, operates six branch offices and 10 ATMs dispersed across Chenango, Delaware and Otsego counties in upstate New York.

"Fiserv proved themselves to be extremely flexible and willing to work collaboratively with us," added Rutenber. "Their approach ensures we receive competitive pricing and the direct service support we need to succeed."

"Sidney FCU is part of a vanguard of member-focused credit unions that have determined that Fiserv provides them with the products, services and flexibility they need," said Laticia Shaw, Fiserv EFT/CNS Senior Vice President of Client Relations. "The benefits of a direct relationship with Fiserv include streamlined servicing and one-stop shopping for Sidney FCU's ATM driving and debit-processing needs. We are pleased to continue our relationship."

Fiserv EFT/CNS serves 3,000 client endpoints across the United States, representing financial institutions of all sizes. EFT/CNS operates more than 16,500 ATMs and owns the ACCEL/Exchange Network. EFT/CNS currently processes approximately 360 million ATM and debit transactions per month, making it one of the largest electronic funds transfer (EFT) processors in the nation.

Fiserv, Inc. (Nasdaq: FISV) provides information management systems and services to the financial industry, including transaction processing, business process outsourcing and software and systems solutions. The company serves more than 15,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners and investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet at www.fiserv.com.