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Synergent awarded Maine Clearinghouse contract

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WESTBROOK, Maine (4/18/08)--Synergent Check Processing and Support Services has been awarded a new contract by the Maine Clearinghouse Association to electronically submit check image files. Financial institutions participating in the clearinghouse can submit check files to Synergent before they are forwarded to the Federal Reserve. Once participating financial institutions of the Maine Clearinghouse have been converted to a file exchange product, they can join Synergent to electronically transmit their images. Synergent will no longer print substitute checks. The company will work with clearinghouse members over the next three to six months to implement the contract. Synergent is a subsidiary of the Maine Credit Union League.