STRATEGIC PARTNERS
January 24, 2002
DEERFIELD BEACH, Fla. -- San Bernardino, Calif.- based Arrowhead Credit Union has chosen Mosaic Software's Postilion software to provide ATM driving, as well as transaction switching and routing for Arrowhead's in-state network of ATMs.
Arrowhead has 17 branches and about 55 ATMs, with plans to add four more branches and five more ATMs in 2002.
Arrowhead's Postilion system will have an interface to its host software application for on-us transaction processing and will route foreign transactions directly to the CO-OP Network, the nation's largest network of credit union ATMs and retail POS terminals.
Detailed reporting as well as network settlement and reconciliation will be handled by the Postilion Office component of the system.
"After years of being locked into a proprietary solution, we look forward to using a controller with the flexibility and scalability needed to expand and enhance our ATM network. Our partnership with Mosaic will allow us to offer better service to our members and will allow us to streamline our back office settlement processes," said Vaughn Book, chief technology officer of Arrowhead Credit Union.
