HOUSTON -- The $3 billion Randolph Brooks Federal Credit Union has signed on again with the PULSE EFT Association, a subsidiary of Discover Financial Services, for ATM and EFT services.
Under terms of the new agreement, Randolph-Brooks will utilize PULSE exclusively for PIN debit transactions at the point of sale, and for signature debit processing. The credit union also uses PULSE for ATM transactions and gateway connections to other networks.
"Randolph-Brooks is pleased to extend its relationship with the PULSE network through an exclusive agreement," said Randy Smith, president and CEO. "PULSE offers a variety of debit services that not only meet our needs as a financial institution, but also the needs of our members. It's a partnership we have valued and trusted over the past 16 years."
Randolph-Brooks has more than 260,000 members and operates 28 locations across Central and South Central Texas, including Austin, Buda, Floresville, Live Oak, Lockhart, New Braunfels, San Antonio, San Marcos, Schertz and Seguin. A PULSE participant since 1992, Randolph-Brooks said it views PULSE as not just a vendor, but a trusted partner that plays a consultative role in helping to enhance its electronic payments program, PULSE said in an announcement of the deal.
"In addition to being a long-time PULSE participant and strong supporter of the network, Randolph-Brooks was a beta development partner in the implementation of our new fraud detection service," said Dave Schneider, PULSE president.
--dmorrison@cutimes.com
