Pittsburgh, Pa. - February 22, 2007 - FirstFed Financial Corporation, Santa Monica, Ca., and Taylor Capital Group, Rosemont, Ill., clients of Fiserv SourceOne, a division of Fiserv, Inc. (NASDAQ: FISV), were each ranked as one of the "Top 25 Banks of 2007" by U.S. Banker magazine. Babette Heimbuch, Chairman and CEO, FirstFed Financial Corporation, has also been named as one of the top ten CEOs on the magazine's 2007 All-Star Banking team.
Dave Santi, President of Fiserv SourceOne, said, "We are extremely pleased with the success of these long-standing clients, and I offer my congratulations on their achievements over the past year. At Fiserv SourceOne, we value our client relationships and see our role not only as a technology provider, but more importantly, as a business solutions partner. We leverage our knowledge of the industry, our banking experience and the power of Fiserv solutions to help our clients succeed in their business initiatives."
FirstFed Financial Corporation is the holding company for First Federal Bank of California. FirstFed has been focused on meeting the banking needs of the southern California community since 1929. A Fiserv client for nearly fifteen years, FirstFed uses a full range of Fiserv SourceOne products and services, including core processing and Internet banking. Locally managed and financially strong, they are the fourth largest Los Angeles-based financial institution with thirty-two branch locations and $9 billion in assets. FirstFed also utilizes numerous other Fiserv products from MortgageServ, BANKLINK, Fiserv Customer Centered Solutions, Fiserv DirectSource, IPS-Sendero, Fiserv Item Processing and RemitStream.
Cole Taylor Bank is the $3.4 billion asset bank and subsidiary of Taylor Capital Group, Inc. For more than 75 years, Cole Taylor has served the banking needs of Chicago-area businesses and the people who own and manage them. A long-term Fiserv client, Cole Taylor also uses a full suite of Fiserv SourceOne products and services, including core processing and Internet banking, as well as other Fiserv products from Fiserv Customer Centered Solutions and IPS-Sendero. Cole Taylor differentiates itself from its competitors by specializing in serving closely-held and family-managed businesses. Cole Taylor currently operates 12 banking centers.
About Fiserv SourceOne
Fiserv SourceOne helps banks grow by partnering with clients to deliver customized technology outsourcing solutions. SourceOne delivers competitive advantage by combining industry leadership and a client-centric, consultative approach. The comprehensive SourceOne solution is delivered via a browser, enhanced with advanced architecture and includes a full suite of deposit, loan, financial management, data warehouse and contact management products. SourceOne can be found on the Internet at http://www.fiservsourceone.com/.
About Fiserv
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management systems and services to the financial and health benefits industries. Leading services include transaction processing, outsourcing, business process outsourcing (BPO), software and systems solutions. The company serves more than 17,000 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. Fiserv Health provides health plan management, pharmacy benefits management and BPO services to the managed care market and self-funded commercial and government employers and health plans. Headquartered in Brookfield, Wis., Fiserv reported more than $4.5 billion in total revenue for 2006. For more information, please visit http://www.fiserv.com/.
