Get to Know SHAZAM
As a financial services consultant, your clients trust you to help them solve their business needs and find the best solutions. SHAZAM has a similar approach as a leading financial services and payments provider serving the needs of financial institutions across the U.S.
We’re the only independent, member-owned debit network supporting community banks and credit unions. And because we don’t answer to shareholders, we reinvest profits into the products and services our clients use every day. We pride ourselves on staying at the forefront of technology to ensure our clients have the products they need to serve the next generation of customers best.
Our employees are thought leaders, industry partners and vocal advocates for the issues that directly impact our clients. Founded in 1976 and headquartered in Iowa, our employees strive to support our mission of Strengthening financial institutions.
Innovative Products and Services
SHAZAM is a financial services provider with an extensive offering of products and services designed to empower all our participants: financial institutions, merchants, fintechs and the clients they serve across the U.S. Our products and services include:
- API Services
- ATM Services
- CORE Services
- Credit Card
- Debit Card
- Digital
- Merchant
- Payments Network
- Risk Mitigation
- Support
These solutions, coupled with our innovation and expertise, make us one of the most experienced financial services providers in the industry. Through our full-service offering, we build true partnerships, develop strong relationships and help clients evolve their businesses in the ever-changing financial world.
What Sets Us Apart
Ownership
SHAZAM’s owned by the community banks and credit unions we serve. Leaders from these institutions use our products and services and make up our board of directors, so every decision is made for the benefit of their business. No matter the size of the institution, they get one vote, which lets us focus on the needs of members.
Unique Structure
We’re structured as a nonprofit corporation. This isn’t nonprofit in the traditional sense because we do work to earn a profit. It’s what we do with our profits that’s unique. Since we don’t answer to shareholders, we can reinvest those dollars in new technology while keeping costs down to benefit our clients.
Advocacy
SHAZAM makes it our business to advocate for community banks and credit unions. We represent them in the payments industry, on Capitol Hill, at regulatory agencies like the FTC and the Fed, on national payments boards and through other committees where it’s important their voices are heard.
Midwest-Based, National Footprint
Our headquarters are in Iowa, and we have a strong national presence:
- We employ 600 industry experts throughout the U.S.
- We serve clients in 49 states, plus the District of Columbia.
- SHAZAM has offices in Des Moines and Johnston, Iowa; Chickasha and Hennessey, Oklahoma; and Parsons, Tennessee.
Learn more about the strength of SHAZAM at shazam.net.