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Mid-Atlantic Corporate FCU and iSolaria sign referral deal

MIDDLETOWN, Pa. - Mid-Atlantic Corporate FCU has signed a mutual referral agreement with iSolaria, a financial software solution provider. The agreement calls for Mid-Atlantic to be presented by iSolaria as the preferred vendor for electronic bill payment (EBP) processing to credit union clients using iSolaria's Internet banking solution. Mid-Atlantic will...

By Staff Writer | Updated on June 26, 2001

MIDDLETOWN, Pa. – Mid-Atlantic Corporate FCU has signed a mutual referral agreement with iSolaria, a financial software solution provider. The agreement calls for Mid-Atlantic to be presented by iSolaria as the preferred vendor for electronic bill payment (EBP) processing to credit union clients using iSolaria’s Internet banking solution. Mid-Atlantic will reciprocate by providing its member CUs looking for an Internet banking solution with information about iSolaria. Mid-Atlantic will interface with iSolaria via the corporate’s remittance file method for EBP processing. iSolaria will provide its credit union clients with all of the Internet functionality necessary for EBP, and Mid-Atlantic will provide the back-office processing of payments requested. “The synergies created by this agreement are evident given the large overlap between iSolaria clients and our own members,” said Jeff Stoner, Vice President, Electronic Services Delivery, Mid-Atlantic Corporate FCU. Mid-Atlantic was one of the first corporates to offer EBP services. It currently provides them for 137 credit unions from 21 states, DC and Guam. It also partners with Louisiana Corporate Credit Union and TriCorp Federal Credit Union to deliver EBP services to their member CUs.

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