Genpass Service Solutions Renews Contract With Commercial Federal Bank.Business Editors DALLAS--(BUSINESS WIRE)--March 13, 2002 Genpass Service Solutions, a subsidiary of Genpass Technologies, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , and the largest independent ATM maintenance and servicing company in the U.S., on Wednesday announced a major, long-term, contract renewal with Commercial Federal Bank of Omaha, Nebraska “Omaha” redirects here. For other uses, see Omaha (disambiguation). Omaha is the largest city in the State of Nebraska, United States. It is the county seat of Douglas County.GR6 As of the 2000 census, the city had a population of 390,007. (NYSE NYSE See: New York Stock Exchange :CFB CFB Canadian Forces Base ). Genpass Technologies - operating arm of Genpass Inc. - is one of the top five ATM drivers in the U.S. and owner and operator of the MoneyMaker(SM) and MONEY BELT(R) EFT networks. Commercial Federal Corporation is the parent company of Commercial Federal Bank, a $13 billion federal savings bank Noun 1. federal savings bank - a federally chartered savings bank FSB savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks , which currently operates branches located in Nebraska, Iowa, Colorado, Kansas, Oklahoma Kansas is a town in Delaware County, Oklahoma, United States. The population was 685 at the 2000 census. Geography Kansas is located at (36.202423, -94.795122)GR1. , Missouri, Arizona, and Minnesota. Commercial Federal Bank has a very active program of electronic banking, including bank-by-phone, web-banking and 235 ATMs that they operate to supplement their 190+ branch system. Commercial Federal has signed with Genpass Service Solutions for the third time as Christine Christensen, assistant vice president and manager of ATM and Card Services The software support for PC Cards. PC Card applications talk to Card Services. See PC Card. for Commercial Federal, explains: "For over 100 years Commercial Federal has provided customers with the financial tools to help build better lives. Our customer service philosophy has been a pillar for our institution. Genpass Service Solutions shares this philosophy and proves it with their customer service standards, which is why we are pleased to continue our long-standing relationship." Christensen adds that the EFT program at Commercial Federal has become one of the leading sources of non-interest income for the bank and is an integral part for customers of its overall banking services package. Genpass Service Solutions has experienced rapid growth over the past year, expanding its business more than 20%. Ownership of Genpass Service Solutions makes Genpass Technologies the only top processor and network owner that has a vertically integrated product line. Service Solutions offers maintenance, supply and cash replenishment replenishment the addition of an appropriate quantity of properly prepared solution containing the correct concentration of chemicals to the developer solutions used in radiography. for ATMs, in addition to Genpass Technologies' processing, gateways, card services, and ATM driving businesses. Tim Connor, president of Genpass Service Solutions explains the importance of this complete servicing philosophy: "The management of Genpass is committed to providing quality EFT services on a broad scope. By offering our customers what we call `one source EFT,' we insure that their service issues are dealt with quickly and without the typical passing of callers from one vendor to another." Connor added that customers like Commercial Federal Bank keep re-signing with Genpass because Genpass honors its commitment to keep every Genpass product technologically competitive and cost effective. About Commercial Federal Bank Commercial Federal Corporation is the parent company of Commercial Federal Bank, a $13 billion federal savings bank that currently operates branches located in Nebraska, Iowa, Colorado, Kansas, Oklahoma, Missouri, Arizona, and Minnesota. Commercial Federal operations include consumer and commercial banking, mortgage banking, commercial lending, insurance and investment services, and Internet banking. Commercial Federal operates 235 ATMs across the Midwest. About GTCR GTCR Glacier Travel and Crevasse Rescue Golder Rauner, LLC, Genpass Inc., Genpass Technologies, LLC, and Genpass Service Solutions GTCR Golder Rauner, LLC, a leading private equity investment firm, owns and operates Genpass Inc., the parent company of Genpass Technologies, LLC, and its subsidiaries. GTCR currently manages more than $4 billion in equity capital invested in companies providing transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , information technology services, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and marketing services. Genpass Inc., with headquarters in Pennsylvania, owns the MoneyMaker(SM) and MONEY BELT(R) EFT networks through its Dallas-based subsidiary Genpass Technologies. Genpass Technologies is listed in The EFT Data Book (2002 edition) as one of the top five ATM drivers in the U.S., with over 20,000 ATMs spanning the country, and in the top 10 networks for annual transactions processed and for switch volume. Genpass processes over 360 million transactions annually. The company also operates Genpass ATM Solutions -- providing a strategic solution to ATM-owning and placement -- and Genpass Card Solutions, offering specialized card services such as payroll and medical benefits card programs. Genpass Service Solutions, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Genpass Technologies, LLC, is the largest independent ATM servicing company in the U.S. The company serves over 500 financial institutions, independent sales organizations This article or section deals primarily with the English-speaking world and does not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , and corporate customers providing monitoring, service dispatch, maintenance, cash replenishment, and operating supplies for virtually every model of ATM hardware. www.GenpassEFT.com http://www.comfedbank.com |
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