RTN Federal Credit Union Solidifies Relationship with Fiserv with XP2 Renewal and Addition of Multiple Integrated Solutions

  • Integrated solutions for online banking, electronic payments, wire transfers, financial crime risk management and enterprise content management will enable RTN to enhance member service and efficiency
  • Ability to integrate digital channels with XP2 account processing platform cited as key factor in decision to expand 21-year Fiserv relationship
  • RTN has also joined the Raddon CEO Strategies Group for insight on growth opportunities and performance measurement

BROOKFIELD, Wis.--()--Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that RTN Federal Credit Union, based in Waltham, Massachusetts, has recommitted to the XP2 account processing platform and will significantly expand its relationship with Fiserv by integrating five new solutions. The new solutions include Corillian Online® for online banking, CheckFree® RXP® for electronic payments, WireXchange® for wire transfer processing, Fraud Risk Manager™ for financial crime risk management, and Nautilus® for enterprise content management. RTN has also added strategic consulting from Raddon Financial Group, and has joined the Raddon CEO Strategies Group, which includes more than 500 credit unions.

“Member service expectations are evolving and credit unions that fully integrate their core technology with newer solutions for digital and mobile channels will be able to deliver the seamless, data-driven experiences that members increasingly demand,” said Richard Wright, treasurer and CEO, RTN Federal Credit Union. “Fiserv is a strong strategic partner that is helping us transcend the lines of technology, and truly understands the needs of our credit union and its members.”

A strong supporter of community initiatives throughout the greater Boston area, RTN is celebrating its 70th anniversary this year. It is one of the largest credit unions in New England with more than $821 million in assets and nearly 50,000 members. Fiserv has served RTN as a strategic technology partner for 21 years and this expanded relationship will enable a number of important business benefits for RTN, including an enhanced member experience delivered through a full suite of integrated digital channels and payments capabilities. As part of its growth plan, the credit union is relying on integrated technology to expand member relationships, enhance operational efficiency and reduce risk.

“Enabling best-in-class results for our clients is at the center of everything we do at Fiserv,” said Mark Sievewright, president, Credit Union Solutions, Fiserv. “As part of this, we equip credit unions to maximize digital engagement with their members through the creation of an integrated, multi-channel member experience. The expansion of our relationship with RTN Federal Credit Union underscores their commitment to delivering services that are in step with members’ lives, right when they need them.”

Fiserv is the U.S. market leader in account processing services for financial institutions, with more than one-third of U.S. credit unions relying on Fiserv for account processing solutions and expertise.

Additional Resources:

About RTN

RTN Federal Credit Union was founded in 1945, and is one of Massachusetts’ largest credit unions, with approximately $821 million in assets, 19 branches and nearly 50,000 members. More than 600 employer groups have partnered with RTN, and community involvement, financial support and volunteerism are cornerstones of the credit union. For more information, visit www.rtn.org.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) enables clients to achieve best-in-class results by driving quality and innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more than 30 years, Fiserv has been a leader in financial services technology, and today is among FORTUNE® magazine's World's Most Admired Companies and Forbes magazine's America's Best Employers. For more information, visit www.fiserv.com.

FISV-G

Contacts

Media Relations:
Ann Cave
Director, Public Relations
Fiserv, Inc.
678-375-4039
ann.cave@fiserv.com
or
Additional Contact:
Elizabeth McMillan
Director, Corporate Communications
Fiserv, Inc.
678-375-1119
elizabeth.mcmillan@fiserv.com

Release Summary

Fiserv, Inc. announced today that RTN Federal Credit Union of Waltham, Massachusetts, has recommitted to the XP2 account processing platform and will expand its relationship with five new solutions.

Contacts

Media Relations:
Ann Cave
Director, Public Relations
Fiserv, Inc.
678-375-4039
ann.cave@fiserv.com
or
Additional Contact:
Elizabeth McMillan
Director, Corporate Communications
Fiserv, Inc.
678-375-1119
elizabeth.mcmillan@fiserv.com