Randolph-Brooks Federal Credit Union Renews PULSE Participation With Exclusive Agreement

May 7, 2008

PULSE Continues to Provide Comprehensive Debit Services to $3 Billion Financial Cooperative

HOUSTON, May 07, 2008 (BUSINESS WIRE) -- Randolph-Brooks Federal Credit Union, a $3 billion not-for-profit financial cooperative based in Live Oak, Texas, has extended its participation in the PULSE ATM/debit network through an exclusive agreement. Under terms of the new agreement, Randolph-Brooks will utilize PULSE exclusively for PIN debit transactions at the point of sale, and for signature debit processing. The credit union also uses PULSE for ATM transactions and gateway connections to other networks.

"Randolph-Brooks is pleased to extend its relationship with the PULSE network through an exclusive agreement," said Randy Smith, president and CEO. "PULSE offers a variety of debit services that not only meet our needs as a financial institution, but also the needs of our members. It's a partnership we have valued and trusted over the past 16 years."

Randolph-Brooks was ranked 25th in asset size among U.S. credit unions as of yearend 2007, according to American Banker. The credit union has more than 260,000 members and operates 28 locations across Central and South Central Texas, including Austin, Buda, Floresville, Live Oak, Lockhart, New Braunfels, San Antonio, San Marcos, Schertz and Seguin. A PULSE participant since 1992, Randolph-Brooks said it views PULSE as not just a vendor, but a trusted partner that plays a consultative role in helping to enhance its electronic payments program.

"In addition to being a long-time PULSE participant and strong supporter of the network, Randolph-Brooks was a beta development partner in the implementation of our new DebitProctect(SM) fraud detection service," said Dave Schneider, PULSE president. "DebitProtect has enabled the credit union to identify debit card fraud earlier and respond proactively, thereby reducing the negative impact on its members."

About Randolph-Brooks Federal Credit Union

Chartered in 1952 as a not-for-profit financial cooperative, Randolph-Brooks' mission is to help improve members' economic well-being and quality of life by offering financial products and services that enrich the lives of a diverse membership in an ever-changing marketplace. For more information about Randolph-Brooks, visit www.rbfcu.org.

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 industry 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 and Randolph-Brooks Federal Credit Union

PULSE
Anne Rhodes, 832-214-0234
or
Randolph-Brooks FCU
Tracy Hennigan, 210-637-4150