January 30, 2006
HOUSTON - Fulton Financial Corp., a $12.3 billion regional financial holding company headquartered in Lancaster, Pa., has joined the Pulse EFT Association Inc. ATM/debit network, marking a significant expansion of the network in the Mid-Atlantic region.
According to a news release, the companies' new relationship will enable Fulton Financial to enhance its merchant services portfolio and gain access to Pulse's wide range of value-added services, including access to the Pulse Pay PIN debit service.
Fulton Financial owns 14 community banks in Pennsylvania, Maryland, Delaware, New Jersey and Virginia and operates more than 230 offices and ATMs. Fulton Financial's largest bank, Fulton Bank, has nearly 70 branches throughout south-central Pennsylvania.
Pulse, a Discover Financial Services LLC company, has more than 4,100 participating financial institutions across the country and encompasses more than 250,000 ATMs and 3.2 million point-of-sale terminals at retail locations nationwide.
"Through our new relationship with Pulse, we are now able to sponsor merchants into the nationwide Pulse network," said Eileen Quinn, senior vice president of Fulton Financial. "This means the merchants with whom we do business will now be able to accept more cards, and our financial institutions' cardholders will be able to use their cards at more merchant outlets and ATMs than ever before."