TSYS Signs Long-Term Renewal Agreement with Columbia State Bank
Columbus, Ga., April 2, 2013–TSYS (NYSE: 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.
At TSYS, (NYSE: TSS), we believe payments should revolve around people–not the other way around. We call this belief “People-Centered PaymentsSM.” By putting people at the center of every decision we make, with unmatched customer service and industry insight, TSYS is able to support financial institutions, businesses and governments in more than 80 countries. Offering merchant payment-acceptance solutions as well as services in credit, debit, prepaid, mobile, chip, healthcare and more, we make it possible for those in the global marketplace to conduct safe and secure electronic transactions with trust and convenience.
TSYS’ headquarters are located in Columbus, Georgia, with local offices spread across the Americas, EMEA and Asia-Pacific. TSYS provides services to more than half of the top 20 international banks, is a Fortune 1000 company and was named one of the 2012 World’s Most Ethical Companies by Ethisphere magazine. For more information, please visit us at http://www.tsys.com.
Headquartered in Tacoma, Washington, Columbia Banking System, Inc., is the holding Company of Columbia State Bank, a Washington state-chartered, full-service commercial bank. For the sixth consecutive year, the bank was named in 2012 as one of Puget Sound Business Journal’s “Washington’s Best Workplaces.”
Columbia Banking System has 99 banking offices, including 74 branches in Washington State and 25 branches in Oregon. Columbia Bank does business under the Bank of Astoria name in Astoria, Warrenton, Seaside, Cannon Beach, Manzanita and Tillamook in Oregon. More information about Columbia can be found on its website at http://www.columbiabank.com.
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