30.06.2006 13:00:00
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First Data Provides STAR(R) Network ATM Access and Signature Debit Processing to LaSalle Bank; Agreement Names STAR Primary ATM Network in the United States
As a coast-to-coast electronic payments network and an expert insecure, real-time electronic transactions, the STAR Network connectsLaSalle Bank's U.S. customers with their cash at ATM and retaillocations, as well as provides access to various national andinternational ATM and point-of-sale networks. The STAR Network servesmore than 5,700 financial institutions across the United States andprovides cardholders with account access at approximately 1.9 millionATM and retail locations. There are more than 140 million cardscarrying the STAR logo.
"At LaSalle, our first priority is customer service," said LynnOrawiec, Group Senior Vice President, Head of Virtual Branches,LaSalle Bank Corporation. "With First Data and the STAR Network, wecombine cutting-edge technology with convenience to create apleasurable banking experience that effectively meets our customers'needs."
"We look forward to continuing to work with LaSalle and itswidespread customer base," said Ron Congemi, senior vice president,Strategic Industry Relations, First Data. "We're committed todelivering reliable and innovative debit services and superior serviceto every customer with every interaction."
First Data also provides the bank with global merchant processingand its Official Check product in the United States through IntegratedPayment Systems, a wholly owned First Data subsidiary.
LaSalle Bank Corporation
LaSalle Bank Corporation is the largest bank holding companyheadquartered in Chicago with $116 billion in assets, withsubsidiaries in 23 states. LaSalle Bank Corporation's subsidiary banksserve individuals, small businesses, middle-market companies andinstitutions through more than 400 retail locations and 1,500 ATMs inIllinois, Michigan, and Indiana and in addition provides commercialbanking services throughout 23-state network. LaSalle Bank Corporationis an indirect subsidiary of Netherlands-based ABN AMRO Bank N.V., oneof the world's largest banks with total assets of EUR 975.1 billion,more than 3,000 locations in over 60 countries and staff of more than105,000 full-time equivalents.
LaSalle Bank Corporation's direct and indirect subsidiariesinclude LaSalle Bank N.A., LaSalle Bank Midwest N.A., LaSalle NationalLeasing Corporation, LaSalle Business Credit LLC, LaSalle FinancialServices, Inc. and ABN AMRO Mortgage Group, Inc.
About The STAR Network
First Data Corp.'s STAR Network is a coast-to-coast electronicpayments network and an expert in secure, real-time electronictransactions. Financial institutions rely on the STAR Network todeliver ATM access, PIN-secured debit purchasing, deposit sharing,interbank transfers and surcharge-free ATM access programs to theircardholders. The STAR Network is a leader in developing check debit,Internet and telephone bill payments, small-value payments, depositrisk management and ATM check imaging products. The STAR Networkserves more than 5,700 financial institutions across the U.S. andprovides cardholders with account access at approximately 1.9 millionATM and retail locations. There are approximately more than 140million cards carrying the STAR logo. STAR has a broad footprint ofdistribution points across the United States including the acceptanceof the STAR card at approximately 5.1 million POS terminals. In 2005,First Data Debit Services processed 9 billion transactions.
About First Data
First Data Corp. (NYSE: FDC) is a leading provider of electroniccommerce and payment solutions for businesses and consumers worldwide.Serving 4.6 million merchant locations, 1,600 card issuers andmillions of consumers, First Data powers the global economy by makingit easy, fast and secure for people and businesses around the world tobuy goods and services using virtually any form of payment. Thecompany's portfolio of services and solutions includes credit, debit,private-label, gift and other prepaid card issuing and merchanttransaction processing services; money transfer services; moneyorders; fraud protection and authentication solutions; check guaranteeand verification services through TeleCheck; as well as Internetcommerce and mobile solutions. Western Union, together with itsaffiliates Orlandi Valuta and Vigo, are leaders in global moneytransfer, providing people with fast, reliable and convenient ways tosend money around the world, pay bills and purchase money ordersthrough a network of over 270,000 agent locations in more than 200countries and territories. The company's STAR Network offersPIN-secured debit acceptance at 1.9 million ATM and retail locations.For more information, visit www.firstdata.com.
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