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ICUL Service Corp. enters agreement with Discover
NAPERVILLE, Ill. (3/16/09)--ICUL Service Corp., a credit union service organization serving more than 2,000 credit unions in 45 states, announced Thursday it has entered into an issuance-referral and service-provider agreement with Discover Financial Services, a credit card issuer and electronic payment services company. The agreement will allow ICUL Service Corp.’s credit unions access to issue credit and debit products on the Discover Network. Under the agreement, the ICUL Service Corp. will market Discover Network products to facilitate credit and/or debit issuing agreements with its participating credit unions. The corporation will process and service each credit union’s Discover Network Card programs. These programs offer credit unions:
* A new brand choice to differentiate their card programs; * Additional revenues with lower monthly fees to improve their bottom lines; * An increase in service use and satisfaction; and * Tools to attract members and strengthen existing relationships.


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