BROOKFIELD, Wis. (5/5/08)--Fiserv and U.S. Central FCU have announced a new core processing agreement between Fiserv and Core Network Processing (CNP), a credit union service organization. The agreement runs through December 2011. Fiserv will provide core processing for:
* Corporate America CU, Irondale, Ala.; * FirstCorp CU, Phoenix; * Kentucky Corporate FCU, Louisville, Ky.; * Louisiana Corporate CU, Metairie, La.; * Missouri Corporate CU, St. Louis, Mo.; * Tricorp FCU, Portland, Maine; * U.S. Central FCU, Lenexa, Kan.; and * West Virginia Corporate CU, Parkersburg, W.Va.
U.S. Central provides processing for member credit unions through the Corporate Credit Union Network System, a three-tiered Fiserv solution for corporate credit unions. A previous contract ran through May 2009. When U.S. Central announced its decision to exit core processing, the contract was transferred to CNP and was extended for two-and-a-half years. Fiserv is a core processor for credit unions headquartered in Brookfield, Wis.