Payment service and technology CUSO MY CU Services LLC said ithas finalized its purchase of Advanced Management InformationSystems.

With the purchase finalized on Dec. 2, MY CU Services adds data processing, as well as other relatedcore system products, broadening its electronic payment andtechnology solutions for credit unions nationwide, according to thewholly owned CUSO of the $2.44 billion Mid-Atlantic CorporateFederal Credit Union in Middletown, Pa.

“AMIS shares our philosophy on collaboration – believing in thebenefits afforded to credit unions when they combine resources andpurchase power,” said Drew Kishbaugh, president/CEO of MY CUServices. “This is winning combination for any credit union wantingto take advantage of high-quality services coupled with economiesof scale.”

The transition is anticipated to be smooth, as MY CU Servicesand AMIS have worked in partnership over the years and share manycredit union clients, according to MY CU Services, which said itnow works with more than 750 credit unions in 48 states.

AMIS is based in Carnegie, Pa., and its offices and currentstaff will remain in place, according to MY CU Services.