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eFunds continues to drive ATMs for Encore Electronic Services

February 24, 2004

SCOTTSDALE, Ariz. - Scottsdale-based eFunds Corp., a provider of risk management, electronic payments, ATM and global outsourcing solutions, has renewed its agreement with decade-long partner Encore Electronic Services Cooperative.

The agreement calls for eFunds to provide ATM driving, network access, debit card processing and other products to 65 Encore credit union members throughout the United States.

"Our relationship with eFunds continues to serve as an industry benchmark in terms of combined expertise in the credit union industry. Together, our companies provide exemplary levels of service that play a vital role in our member credit unions' growth," said Tom Reed, president and chief executive of Encore, in a news release.

Totally credit union owned and operated, Encore was organized to provide ATM and other electronic services for the credit union community.

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