News

Elan to provide ATM programs to correspondent bank's customers

March 15, 2004

BATON ROUGE, La. - Elan Financial Services has partnered with First National Banker's Bank (FNBB) to provide ATM, debit and credit card programs to its customer banks.

First National Bankers Bank, a community bank-owned, correspondent bank, provides financial services to community banks and helps them streamline and improve operations, according to a news release.

Under the agreement, Elan will provide terminal driving, authorization and routing for all ATM and debit card transactions, as well as administrative and support functions such as system and fraud monitoring, client support and settlement.

FNBB customers will also have access to Elan credit card programs that can generate revenue and support all application processing and underwriting, marketing, training and support.

Owned by U.S. Bancorp, Elan Financial Services supports more than 7,000 ATMs, 15 million ATM/POS cards and two million credit cardholders with a range of products and services including credit card issuing, ATM and debit card processing, and merchant services. Elan also offers ATM services, including authorization processing, terminal driving and switching services, to financial institutions and ISOs.