First Data today announced that Kilowatt Credit Union of Madison, Wis., has selected First Data for debit processing services.
The credit union also joined the Star Network, signing a multi-year agreement under which STAR will provide PIN-secured debit point-of-sale (POS) and ATM access to its cardholders.
Kilowatt Credit Union serves the employees and families of Alliant Energy Corporation and its subsidiaries, as well as residents of Columbia, Dane, Dodge and Sauk counties with branches in Madison and Rio, Wis. The credit union is a member of the Wisconsin Credit Union League.
The League has had a relationship with First Data for debit processing services for more than a decade. STAR is one of the nation's leading electronic funds transfer (EFT) networks, with more than 2 million retail and ATM locations, and a First Data company. First Data is a global leader in electronic commerce and payment processing.
"As a member-driven organization, it's important for Kilowatt Credit Union to receive value from every partner choice," said Nicki Troia, president, Kilowatt Credit Union. "The debit solutions that First Data and STAR provide give us not only reliable account access and innovative payment solutions for our members, but also valuable fraud detection, back office and marketing support, and tools that make it easy for us to access the information we need."
"Kilowatt's members look to their credit union to provide them with secure and convenient account access wherever they go," said Kevin Barry, general manager for the STAR Network. "With the depth of our debit expertise, understanding of end consumer needs, and the reach of our network, First Data and STAR help enable the credit union to strengthen member loyalty and successfully meet its members' financial service needs."
Terms of the agreement remain confidential.