14 New Banks Sign Agreement with Universal Debit & Credit Corporation and National Processing Company
biz.yahoo.com
ANNANDALE, Va., March 28 /PRNewswire-FirstCall/ -- Universal Debit and Credit Corporation (UDC) along with its strategic partner, National Processing Company (NPC®), a leading provider of merchant credit card processing and a wholly owned subsidiary of National Processing, Inc. (NYSE: NAP), announced today they have signed 14 new banking institutions. This relationship provides the 14 banks and 148 branches the opportunity to offer their banking customers payment-processing services.
The 14 banks that signed this agreement include: Blue Ridge Bank, Central National Bank, Community National Bank, First National Bank, First National Exchange Bank, Mountain National Bank, Patrick Henry National Bank, Patriot Bank, Peoples National Bank, Shenandoah National Bank, Southern Financial Bank, National Bank of Davis and WEPCO Federal Credit Union. This affiliation expands UDC's current bank client customer base to over 40 banks and 247 branches, making them one of the largest independent payment processors in the Washington DC Metro area.
Lon Gaddy, president of UDC, said, ``We are very excited to partner with these banks. They place as much emphasis on personalized customer service as we do with all of our merchant accounts.''
``We are excited that 14 new banks have entered into an agreement with UDC and NPC,'' stated Randy Sagar, senior vice president of Independent Sales for NPC. ``NPC shares the same commitment of providing our customers with superior products and outstanding service as these banking institutions and UDC. This shared commitment will equate to a winning partnership for all parties involved.'' |
