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Shazam wins BancServ endorsement for Florida banks

BancServ, a subsidiary of the Florida Bankers Association, has endorsed Shazam as the preferred EFT network for the association's 230 member banks.

June 19, 2014

BancServ Inc., a wholly-owned subsidiary of the Florida Bankers Association, has endorsed the Shazam Network as the preferred EFT network for the association's 230 member banks. 

FBA member banks range in size from the smallest community bank in the state to the largest national bank in the country. The association is governed by a 39-member board of directors and is staffed by 20 fulltime employees.

“The mission of BancServ is to find and endorse the companies that offer the ... products, services and solutions our members need to thrive in today’s economic environment," said BancServ chairman of the board Tom Dargan. "We feel very strongly that the endorsement of Shazam furthers that mission."

Dargan said BancServ was impressed by member-owned Shazam's emphasis on listening to the voices of community banks and their customers.

“Florida banks and their customers were impacted severely by the recession, which makes this partnership all the more gratifying for Shazam,” said company president and CEO Mike Hollinger. "Our intense focus on keeping products and services low-cost, or even free, truly pays off when we reach a community that will benefit directly from that strategy.”