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AmeriServ renews processing deal with Metavante

May 9, 2007

MILWAUKEE - Metavante Corp. announced that AmeriServ Financial Bank has renewed its core-processing software agreement with Metavante Banking Solutions-Bankway.
 
AmeriServ Financial is the banking subsidiary of AmeriServ Financial Inc. According to a news release, AmeriServ deploys Bankwayat at its more than 21 banking offices throughout western and central Pennsylvania.
 
The new contract marks a 30-year relationship between AmeriServ and Bankway. In addition to renewing its Bankway agreement, AmeriServ signed a deal for Metavante's electronic funds transfer and card services. It also plans to begin participating in the NYCE Network, a division of Metavante.
 
NYCE is expected to be the sole provider of retail PIN debit access for AmeriServ's 23,000 cards.
 
"Our long history together is evidence to the quality of Metavante's Bankway technology and the level of customer service they deliver," said Leo J. Fronczek, senior vice president and chief information officer at AmeriServ. "Bankway's comprehensive offerings give us the tools we need to deliver better customer service and an expanded product line."

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