
News Release
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FOR IMMEDIATE RELEASE January 5, 2009 CONTACT: Jenny Caron
207.782.6858, ext. 2111
jcaron@fiscsolutions.com |
FISC Solutions 168 Lisbon Street Lewiston, ME 04240 |
FISC Expands Check Clearing Network
Lewiston, January 5, 2009 - FISC Solutions announces the expansion of their image
clearing network, FISClearing, to include an "on-we" exchange and direct send exchange
with well over 100 credit unions in New England.
FISClearing allows check processing clients to substantially reduce check clearing fees
and receive 100 percent immediate (next day) availability on all cash letter items. Over
95% of items processed by FISC are cleared through FISClearing.
In addition to the external exchange partners, FISC began internally exchanging checks
between FISC clients in December 2008, marking the start of their "on-we" network.
"By offering an "on-we" network and more direct send options, FISC continues to
enhance its FISClearing service through price reduction and improved availability", said
Jill Parker, Senior Vice President, Operations.
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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