Bank of the Sierra Partners With First Data to Enhance Merchant Services
December 21 2006 - 3:02PM
PR Newswire (US)
PORTERVILLE, Calif., Dec. 21 /PRNewswire-FirstCall/ -- Bank of the
Sierra (NASDAQ:BSRR) is pleased to announce a new revenue sharing
alliance agreement with First Data Merchant Services Corporation, a
subsidiary of First Data Corp. (NYSE:FDC). Beginning spring 2007,
Bank of the Sierra's business customers will benefit from a
complete and competitive Merchant Services solution. Bank of the
Sierra will continue to offer complete merchant services with
prompt credit for electronic drafts and state-of-the-art electronic
draft capture equipment during the First Data conversion. Through
the alliance, First Data will provide all merchant processing
services on behalf of Bank of the Sierra. The agreement also
expands Bank of the Sierra's merchant support network by adding
dedicated First Data sales executives throughout Bank of the
Sierra's markets. "The new partnership between Bank of the Sierra
and First Data will help our merchant services customers save both
time and money, while enjoying the latest in payment technology,"
stated Hope Attenhofer, Senior Vice President and Marketing
Director. "We're delighted to be selected by Bank of the Sierra as
their partner for merchant services and offer their clients an
expanded portfolio of electronic payments and services," said Carl
Mazzola, President, First Data Revenue Sharing Alliance Group.
About Bank of the Sierra With over $1 billion in assets and strong
performance ratios, Bank of the Sierra operates as the largest
community independent bank headquartered in Southern San Joaquin
Valley's Heartland. The bank serves 14 different communities with
20 branches, two Ag Centers and one SBA Loan Center. For more
information visit the web site at http://www.bankofthesierra.com/
or call (888) 454-BANK. About First Data First Data Corp.
(NYSE:FDC) is a leading provider of electronic commerce and payment
solutions for businesses worldwide. Serving 4.6 million merchant
locations, 1,900 card issuers and their customers, First Data
powers the global economy by making it easy, fast and secure for
people and businesses around the world to buy goods and services
using virtually any form of payment. The company's portfolio of
services and solutions includes merchant transaction processing
services; credit, debit, private-label, gift, payroll and other
prepaid card offerings; fraud protection and authentication
solutions; electronic check acceptance services through TeleCheck;
as well as Internet commerce and mobile payment solutions. The
company's STAR Network offers PIN-secured debit acceptance at 2
million ATM and retail locations. For more information, visit
http://www.firstdata.com/ . DATASOURCE: Bank of the Sierra CONTACT:
Matthew Hessler, Public Relations Officer of Bank of the Sierra,
+1-559-782-4900, or 1-888-454-BANK(2265) Web site:
http://www.bankofthesierra.com/ http://www.firstdata.com/
Copyright
Sierra Bancorp (NASDAQ:BSRR)
Historical Stock Chart
From Jul 2024 to Jul 2024
Sierra Bancorp (NASDAQ:BSRR)
Historical Stock Chart
From Jul 2023 to Jul 2024