Camden National Bank, a $2.29 billion bank based in Camden, Maine, has joined the PULSE ATM/debit network.
The bank will utilize PULSE for PIN debit and ATM transactions.
A full-service, independent community bank, Camden National along with its Union Trust division operates 37 branches throughout Maine. Camden National Bank is a subsidiary of Camden National Corporation (NASDAQ: CAC). PULSE is a Discover Financial Services (NYSE: DFS) company.
"Our agreement with PULSE reflects Camden National Bank's commitment to providing not only quality financial services, but also an exceptional customer service experience," said June Parent, Camden National Bank senior vice president and senior retail banking manager. "Debit is a primary point of contact with our customers, and PULSE's focus on value and service is a key reason we have taken the step to include the network as part of our electronic payments program."
"PULSE is pleased to add Camden National Bank to its growing number of participants in the Northeast U.S.," said Leah Henderson, PULSE executive vice president. "The addition of an established and respected bank based in Maine to the PULSE network confirms the national acceptance footprint we have achieved over our 27-year history."
PULSE has experienced continued growth in network participation in 2008. For the fiscal year to date (December 2007 through May 2008), the network has added more than 100 new financial institution participants.
"Of the more than 100 institutions that joined PULSE in the first half of fiscal 2008, 28 percent are based in the Northeast," said Henderson. "This clearly demonstrates PULSE's strong value proposition, as well as our ability to service cardholders nationwide."