SHAZAM Welcomes Hawaii First Federal Credit Union as New Debit Card Client
posted on Wednesday, October 11, 2023 in Company News
SHAZAM, Inc., a nationwide provider of financial services to community credit unions, is pleased to announce Hawaii First Federal Credit Union selected SHAZAM as their new debit card provider. Hawaii First Federal Credit Union is the third Hawaii credit union to choose SHAZAM as its debit card partner.
"SHAZAM showed our credit union how we could increase our debit card program's net income by taking advantage of their lower fees and higher interchange income," says Mary Ann Otake, COO at Hawaii First Federal Credit Union. “Seeing the numbers, along with SHAZAM's endorsement from Hawaii Credit Union League, made SHAZAM our top choice when choosing a new debit card provider," says Otake.
In 2021, SHAZAM announced the endorsement from the Hawaii Credit Union League (HCUL) for debit and network processing and ATM network and processing. Because SHAZAM offers the lowest fees in the industry to its members, HCUL can save on processing expenses, while gaining access to some of the industry’s best net interchange income and payments technology.
"We're thrilled to welcome Hawaii First Federal Credit Union as our newest debit card partner, and we look forward to expanding our presence within Hawaii," says Jason Lesteberg, Regional Director of Sales at SHAZAM. "When Hawaii credit unions partner with SHAZAM, they'll increase their non-interest income and all credit unions on the islands will benefit through our partnership with the HCUL,” says Lesteberg.
With this partnership, Hawaii First Federal Credit Union will benefit from SHAZAM's expertise in providing secure and reliable debit card services. Hawaii First Federal Credit Union joins a growing list of credit unions that have recognized the value and benefits of partnering with SHAZAM. With their extensive network, industry-leading services and reputation as a trusted financial services provider, SHAZAM continues to be a preferred choice for credit unions across the country.
About Hawaii First Federal Credit Union
Hawaii First FCU has been serving the Hawaii island community since 1956. Our mission is to “Empower Our Community by Serving Hawaii First!” and we strive to provide exceptional financial and empowerment services to meet the needs of our members and our community. Our vision is to be a place of help, hope and happiness.
For more information visit hawaiifirstfcu.com or contact us at info@hawaiifirstfcu.com.
ABOUT SHAZAM
SHAZAM is the only nationwide independent, member-owned debit network, processor and core provider supporting financial institutions. Since we don’t answer to shareholders, we can reinvest profits in technologies our clients need as they serve the next generation of consumers. SHAZAM ensures our clients have the products and services they demand and expect in a cost-effective way. Founded in 1976 and headquartered in Iowa, we’re a leader in payments and financial technology, with a simple mission: Strengthening financial institutions. Visit us today at shazam.net.
SHAZAM, Inc. and ITS, Inc. provide this blog for general informational purposes only. Our blog may be shared by a direct link wherein the content remains as originally presented and has not been altered. SHAZAM, Inc. and ITS, Inc. assume no responsibility for errors or omissions in the contents on the blog. By using this blog, reader agrees that the information published does not constitute nor is a substitute for legal advice which should only be sought from a qualified, licensed attorney.
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