Tsys (TSS) today announced the signing of a long-term renewal agreement with Columbia State Bank. Tsys' Merchant Services segment will provide full-service payment processing solutions and tools to support the bank and its clients.
Based in Tacoma, Columbia Bank was recognized in 2012 and 2011 as the best bank headquartered in the state of Washington on Forbes' list of America's Best Banks.
"Columbia Bank has long been a valued customer, and we are excited to be able to extend our relationship with them," said Mark Pyke, president of TSYS' Merchant Services segment. "We are proud to continue working with such a strong and growing organization whose focus on providing their customers with superior service aligns closely with our corporate philosophy."
"Our relationship with TSYS has proven to be beneficial to our growth strategy," said Diane Wasalino, senior vice president of Columbia Bank. "We rely on the quality of products and services TSYS provides and look forward to the continued partnership."
Terms of the agreement were not disclosed.