- Stephanie Honan 513.534.6957
- Jerry C. Walker (ICBA/NM)(Media) 505.327.2151
Independent Community Bankers Association of New Mexico Names Fifth Third Processing Solutions Preferred Provider
The Independent Community Bankers Association of New Mexico (ICBA/NM) has named Fifth Third Processing Solutions its preferred provider for electronic funds transfer (EFT) services including ATM terminal driving and debit card processing. ICBA/NM, founded in 1984, is a trade association affiliated with the Independent Community Bankers of America. The association represents the legislative and regulatory interests of 50 member banks and thrifts across the state of New Mexico.
“We look for products, services and vendors that can assist our associate members with top-notch, quality programs,” said David Wiberg, president of City Bank New Mexico in Ruidoso, and current president of ICBA/NM. “Fifth Third has an impressive reputation in the industry and has made good use of technology in delivering comprehensive products and services our members can use to provide convenient solutions to their customers. It is with great confidence and enthusiasm that ICBA/NM is recommending Fifth Third Processing Solutions to our members.”
“Fifth Third is pleased to be recognized as a leader in the processing industry by an organization designed and committed to serving the best interest of its members,” said Angela Brown, senior vice president and general manager of Financial Institution Services, Fifth Third Processing Solutions. “We are pleased with this endorsement and look forward to the opportunity to meet the processing needs of ICBA/NM’s associate members.”
Fifth Third Processing Solutions processes over 21 billion ATM and POS transactions per year for more than 2,400 financial institutions and over 146,400 retail locations worldwide, including the Armed Forces Financial Network (AFFN), First Niagara Financial Group, Sovereign Bank, The Kroger Co., AutoZone, Abercrombie & Fitch, Nordstrom, Inc. and The Finish Line. Annually, Fifth Third processes $148.1 billion in credit card sales. According to The Nilson Report (March 2007), Fifth Third Bank is the fourth largest bankcard acquirer.
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $101 billion in assets, operates 18 affiliates with 1,169 full-service Banking Centers, including 109 Bank Mart® locations open seven days a week inside select grocery stores and 2,134 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania and Missouri. Fifth Third operates five main businesses: Commercial Banking, Branch Banking, Consumer Lending, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2007, has $232 billion in assets under care, of which it managed $34 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded through the NASDAQ® National Global Select Market System under the symbol “FITB.”