Marlborough Savings Bank Selects Fiserv easyLENDER Mortgage
Brookfield, Wis., January 15, 2008 - Fiserv, Inc. (NASDAQ: FISV), announced today that Marlborough, Mass.- based Marlborough Savings Bank has selected the easyLENDER Mortgage loan origination system to automate its mortgage lending program.
Marlborough Savings Bank, with assets of $308 million, was searching for a user-friendly system with customizable loan documents and reports that could be used in all phases of the loan cycle from point-of-sale to closing, which integrated with its core processing systems. The institution selected Fiserv easyLENDER, a suite of products that automates every phase of mortgage loan origination, processing and closing, after finding that the system met all of its search criteria and was highly endorsed by other financial institutions.
"Fiserv easyLENDER came highly recommended to us by another community bank in Massachusetts," said Jeff Dale, senior vice president of Marlborough Savings Bank. "We narrowed down our list to Fiserv based on word-ofmouth referrals from other satisfied banks in the Northeast region."
"Lender recommendations of easyLENDER underscore the commitment Fiserv has made to our clients," said Tom Cummings, senior vice president of Fiserv Lending Solutions. "We encourage our prospective clients to speak with existing clients to make sure the software is a good fit for their organization."
Marlborough Savings Bank is currently in the implementation stage with Fiserv easyLENDER and plans to use the product organization-wide in April.
About Marlborough Savings Bank
Marlborough Savings Bank (MSB) is a locally run, independent mutual savings institution serving the Metrowest communities of Massachusetts since 1860. Mutual savings banks are owned by its depositors, not stockholders, which deepens its commitment to its customers and the communities it serves. With branch offices in Marlborough, Northborough, Southborough, Sudbury and shortly in Westborough, MSB provides an extensive array of financial services and products for all personal and business life stages. A strong supporter of the communities, MSB is redefining what makes a great bank. For more information, visit www.agreatbank.com.
About Fiserv, Inc.
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process
outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company serves more than 21,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services
industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv and CheckFree had more than $4.5 billion in combined pro forma total revenue for 2006. For more information, please visit www.fiserv.com.
For more information contact:
Kathleen Mikula
Marketing Communications Manager
Fiserv Lending Solutions
574-245-1562
kathleen.mikula@fiserv.com
