Down East Credit Union Expands Its Services with FISC

Lewiston, ME, July 04, 2009 --(PR.com)-- FISC Solutions has signed a contract with Down East Credit Union of Baileyville, Maine to provide check processing services for its inclearing checks. FISC currently provides Remote Branch Capture (FISCapture) services to the Credit Union.

The contract allows FISC to receive and process the Credit Union’s incoming cash letter checks from the Federal Reserve or other presentment points. The Credit Union can take advantage of FISC’s automated processing environment and realize overall savings with its suite of electronic check services including electronic check receipt and return.

“We are pleased to expand our existing relationship with Down East Credit Union”, said Jaime Shapiro Berg, FISC Account Manager. “By consolidating their check processing relationship, the Credit Union will realize both financial and strategic benefits.”

“We look forward to the benefits this will provide to both the Credit Union and our members,” said Executive Vice President Joe Moses.

Processing for the Credit Union began July 1, 2009.

About Down East Credit Union
Down East Credit Union was established in 1941 by the employees of St. Croix Pulp and Paper at Baileyville, Maine. The credit union serves its 14,000 members from branches in Baileyville, Bangor, Belfast, Bowdoinham, Calais, Machias, Unity and Richmond. The Credit Union’s Field of Membership is anyone who lives, works or worships in Hancock, Kennebec, Knox, Lincoln, Penobscot, Sagadahoc, Waldo or Washington Counties in Maine and the towns of Brunswick or Harpswell in Cumberland County. Down East Credit Union also owns two Credit Union Service Organizations. Consolidated Solutions LLC, which conducts Indirect Lending for sixteen credit union partners at over 200 dealerships throughout the State of Maine and Down East Insurance Agency, offering a full range of insurance products, with offices in Baileyville, Bangor, Bowdoinham, Machias and Gardiner.

About FISC
Headquartered in Lewiston, Maine with offices in Portsmouth, New Hampshire, FISC has provided services and solutions to financial institutions, corporations and non-profits for more than 30 years. The company designs and implements full-service outsourcing solutions that make the operations of financial, insurance, government, not-for-profit, and other organizations more efficient and more affordable. FISC’s core services include item processing and electronic clearing, software solutions, loan servicing, lockbox and disaster recovery services. In addition, FISC offers comprehensive statement and invoice printing, delivery, design and management. For more information, visit www.fiscsolutions.com or call 1.888.433.4924.

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FISC Solutions
Jenny Caron
888-433-4924 ext 2111
www.fiscsolutions.com
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