Retail Service: Jeanne D'Arc Credit Union Signs Multiyear Contract For FIS' MISER® Core Processing Solution
Fidelity National Information Services, Inc. (NYSE:FIS) today announced that Jeanne D'Arc Credit Union (JDCU) has signed a seven-year contract for FIS' MISER® solution, as well as e-business, network management and disaster recovery services.
Headquartered in Lowell, Mass., Jeanne D'Arc is one of the oldest credit unions in the United States. The institution has more than $600 million in assets and serves more than 40,000 members.
"Our decision to choose Fidelity National Information Services was predicated in large part on its reputation of meeting clients' needs, coupled with the fact that when we compared products, FIS' system was solid, stable and fresh," said Paul Mayotte, president and chief executive officer of Jeanne D'Arc Credit Union. "We simply needed a data processing partner who considered service as a primary element. As a result, FIS came out on top."
MISER, the industry's most complete core processing solution, is proven to deliver increased efficiency, revenue and profitability through its integrated and scalable design. MISER's extensive automation and tightly integrated core processing functionality are flexible enough to respond to big picture financial needs and reliable enough to ensure that no detail is ever missed. In addition to providing superior system installation and support, FIS' network management services give clients preferred relationship status with third-party vendors.
"In this increasingly complex business, providing a total financial solution enables an institution to capitalize on the highest level of efficiency and integration," said Gary Norcross, president of FIS' Integrated Financial Solutions division. "We are pleased to be selected by Jeanne D'Arc Credit Union, a well-established financial institution, with an outstanding reputation both in the Lowell, Mass., community and beyond."
About Jeanne D'Arc Credit Union (JDCU)
Established in 1912, Jeanne D'Arc Credit Union is one of the nation's oldest credit unions. The full service, member-owned, community-based credit union has assets totaling more than $600 million and serves more than 40,000 members. With nearly 95 years of service, JDCU is headquartered in Lowell, Mass., with offices in Chelmsford, Dracut, Tyngsboro and Westford, Mass.
About Fidelity National Information Services (FIS)
Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of core processing for financial institutions; card issuer and transaction processing services; mortgage loan processing and mortgage-related information products; and outsourcing services to financial institutions, retailers, mortgage lenders and real estate professionals. FIS has processing and technology relationships with 35 of the top 50 global banks, including nine of the top ten. Nearly 50 percent of all U.S. residential mortgages are processed using FIS software. Headquartered in Jacksonville, Florida, FIS maintains a strong global presence, serving over 7,800 financial institutions in more than 60 countries worldwide. For more information on Fidelity National Information Services, please visit www.fidelityinfoservices.com.