TSYS Renews Processing Agreement With Navy Federal
Based in Vienna, Va., Navy Federal is the world’s largest credit union with more than 2.5 million members and $24.4 billion in assets.
“We’re proud of our relationship with Navy Federal,” says M. Troy Woods, president and chief operating officer for TSYS. “This important agreement is one in a series of renewals indicating our clients continue to have the highest confidence in the service and technology that TSYS delivers.”
Navy Federal has been a client of TSYS since 2000. The credit union supports its consumer credit-card accounts with TS2, the industry-leading payments engine, and a range of other services from TSYS.
“TSYS is able to provide a multitude of solutions that are best able to meet our needs and those of our members,” says Tom Steele, executive vice president of the lending department for Navy Federal Credit Union. “Navy Federal is committed to offering our members quality services. TSYS understands our goals and has partnered with us to offer quality solutions in a secure environment.”
About TSYS
TSYS (www.tsys.com) is one of the world’s largest companies for outsourced payment services, offering a broad range of issuer- and acquirer-processing technologies that support consumer-finance, credit, debit and prepaid services for financial institutions and retail companies in North America, Europe and the Asia-Pacific. Based in Columbus, Ga., TSYS (NYSE: TSS) is closely held by Synovus Financial Corp. (NYSE: SNV), one of FORTUNE magazine’s “Most Admired Companies” and a member of its “100 Best Companies to Work For” Hall of Fame. For more information, contact news@tsys.com.
Contacts
Cyle Mims
TSYS Media Relations
+1.706.644.3110
cylemims@tsys.com
Shawn Roberts
TSYS Investor Relations
+1.706.644.6081
shawnroberts@tsys.com