Pulse, one of the nation's leading ATM/debit networks, has signed long-term network participation agreements with two Wisconsin financial institutions: Madison-based Park Bank and Altra Federal Credit Union in La Crosse.
Park Bank, a PULSE participant since 2002, will continue to use PULSE for ATM and PIN debit network services, as well as for PULSE Debit Solutions signature debit processing. Park Bank is an $800 million bank with 11 branch locations in the Madison area.
"Our familiarity with the value and service provided by PULSE led us to the decision to continue to serve our account holders' debit needs through our relationship with the network," said Sandra Schettl, senior vice president of operations for Park Bank.
Altra Federal Credit Union, a network participant since 2005, will use PULSE exclusively for PIN debit transactions. Altra is a $625 million credit union with 14 branches in Wisconsin, Minnesota, Tennessee, Texas, Kentucky, Arkansas, Colorado and New Jersey.
"PULSE's national debit reach and broad merchant acceptance provide the coverage needed for Altra Federal Credit Union to use the network exclusively for PIN debit, and we look forward to deepening our relationship with PULSE," said Mary Isaacs, senior vice president and CFO of Altra FCU.
"PULSE has a history of and commitment to serving Wisconsin financial institutions, and we are pleased that Park Bank and Altra Federal Credit Union have chosen to continue their relationships with our network under new, long-term agreements," said Leah Henderson, PULSE executive vice president. "Our success in re-signing existing participants and winning new ones is evidence of the value PULSE continues to bring to financial institutions' debit card programs."