BAYTOWN, Texas (2/6/08)--John M. Floyd and Associates (JMFA) has partnered with Discovering Money in Networks (DMi Networks) to offer Contract Cost Reduction Service. DMi has saved its clients $24 million since its 2003 inception, according to JMFA. The service provides financial institutions, including credit unions, with advice on pricing, service, support, and terms and conditions related to proposals, contracts and agreements on their processing and technology services. The goal of the service is to lower contract costs and increase service levels. The negotiation services include: ATM/debit card processing contracts, check vendor contracts, core data processing contracts, Internet banking contracts, telecommunications contracts, and image/item processing contracts. JMFA, a CUNA Strategic Services provider, is a consulting firm and provider of overdraft privilege programs. It services 2,000 financial institutions in the U.S. and Central America.