MAGYAR BANK AND NATIONALCARD SIGN PROCESSING AGREEMENT
New Brunswick, NJ, May 18, 2009. . . Magyar Bank today announced finalizing a credit-card processing and check guarantee agreement with NationalCard Processing Systems, a national credit- and debit-card processing firm. As a result, NationalCard will provide direct sales and marketing support for the bank's credit-card processing to all existing and prospective merchant accounts.
“As a bank that was founded by a group of businessmen, we understand how important it is for a business to be able to depend on its service providers,” said Magyar Bank President and CEO Elizabeth E. Hance. “NationalCard will not only provide our business customers with state-of-the-art credit and debit card merchant processing, they will also deliver the same high level of personalized service that they have come to expect from Magyar Bank, and further enhance the Bank's relationship with the business.”
“At its core, Magyar Bank is a service-oriented financial institution and shares with NationalCard similar customer-focused business philosophies. We're pleased to partner with Magyar and provide the proven credit and debit card processing tools necessary for Magyar Bank to successfully service their commercial and DDA portfolio of merchants,” said Rafael J Garcia, Senior Vice President of NationalCard's Agent Bank Group.
Magyar Bank is a community bank headquartered in New Brunswick, NJ and has been serving families and businesses in Central NJ for over 86 years. With a complete line of financial products and services, Magyar operates five branch locations in New Brunswick (2), North Brunswick, South Brunswick and Branchburg. For more information visit www.magbank.com.
Headquartered in Rochelle Park, NJ, NationalCard provides a full range of credit, debit card and check guarantee processing services for financial institutions, government agencies, non-profit organizations and major retailers throughout the country. NationalCard offers a comprehensive line of processing solutions that include all major credit and debit cards, business to business purchasing cards, check verification and check guarantee as well as electronic check conversion. and gift/loyalty cards. The company also provides for a full range of point-of-sale terminals and industry focused software/hardware interfaces. For more information, please visit www.nationalcard.net
NationalCard Processing Systems –HealthCard Systems
Corporate Offices
Sherbrooke Office Center II
201 West Passaic Street Suite 304
Rochelle Park, New Jersey 07662
(201) 845-0400
|