
News Release
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FOR IMMEDIATE RELEASE July 2, 2009 CONTACT: Jenny Caron
207.782.6858, ext. 2111
jcaron@fiscsolutions.com |
FISC Solutions 168 Lisbon Street Lewiston, ME 04240 |
Down East Credit Union expands its services with FISC
Lewiston, July 2, 2009 - 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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