PULSE Continues to Provide ATM, PIN Debit and Gateway Services to $2 Billion, Five-State Bank
HOUSTON, Feb 05, 2008 (BUSINESS WIRE) -- Guaranty Bank, a $2 billion financial institution based in Brown
Deer, Wis., has extended its participation in the PULSE ATM/debit
network through an exclusive, long-term participation agreement with
PULSE. Under terms of the new agreement, Guaranty Bank will utilize
PULSE exclusively for PIN debit transactions at the point of sale. The
bank also uses PULSE for ATM transactions and gateway services.
Guaranty Bank operates more than 175 branches in Wisconsin,
Illinois, Michigan, Minnesota and Georgia, and has more than 300 ATMs.
The bank, a PULSE participant since 1996, said its decision to sign a
long-term, exclusive agreement with the network was driven by PULSE's
national reach and superior PIN debit value proposition, as well as by
the operational efficiencies provided under such an arrangement.
"The continuation of Guaranty Bank's relationship with PULSE under
this new exclusive agreement represents a vote of confidence, not only
in PULSE's national acceptance but in the level of service we provide
our financial institution customers on a daily basis," said Leah
Henderson, PULSE executive vice president. "We are pleased to continue
to support the bank's debit card program under this long-term
agreement."
About Guaranty Bank
Guaranty Bank is a full service retail bank headquartered in
Milwaukee, WI. We have over 175 offices, many in grocery stores, in
five states including Wisconsin, Illinois, Michigan, Minnesota, and
Georgia.
About PULSE
PULSE is one of the nation's leading ATM/debit networks, currently
serving more than 4,500 banks, credit unions and savings institutions
across the country. PULSE is owned by Discover Financial Services
(NYSE: DFS). The network links cardholders with more than 265,000
ATMs, as well as POS terminals at retail locations nationwide. The
company is also a valued resource for consumer research related to
electronic payments and is committed to providing its participants
with education on evolving products, services and trends in the
payments industry. For more information, visit www.pulse-eft.com.
SOURCE: PULSE
PULSE
Anne Rhodes, 832-214-0234
or
Guaranty Bank
Shawn Kesler, 414-362-4702