Financial Transaction Services Signs Agent Bank Agreement with Farmers and Merchants State Bank
Cleveland, OH – Financial Transaction Services, a full service provider of electronic payment solutions, announced it has signed a multi-year agreement with Archbold, OH based Farmers and Merchants State Bank.
Under the terms of the agreement, Farmers and Merchants State Bank will resell Financial Transaction Services products and services to clients who have merchant payment processing needs.
Assistant Vice President of Farmers and Merchants State Bank, Lillis F. Nowaczyk, said, “Entering a relationship with Financial Transaction Services allows us to offer competitive pricing and provide high-quality customer support to our merchants and sales representatives. Financial Transaction Services’ service excellence and technological enhancements proves that FTS is committed to providing additional value to our program.”
“We are proud of the extensive investments Financial Transaction Services has made in our Bank line of business,” said President of Financial Transaction Services, Steven E. Dawe. “Farmers and Merchants State Bank’s decision to enter into this relationship with us is an affirmation of this strategy, and we look forward to a long, mutually rewarding association with them,” he added.
Financial Transaction Services is a full service provider of electronic transaction processing services for Merchants, Independent Sales Organizations (ISOs) and Financial Institutions. Financial Transaction Services offers a comprehensive line of solutions for credit and debit cards, gift cards, electronic check conversion, verification and guarantee as well as terminal services and online Payment Gateway Solutions.
Farmers and Merchants State Bank, with 15 locations in Northwest Ohio, has total assets exceeding $737 million. Founded in 1897, Farmers and Merchants State Bank is a state chartered bank with a deep-rooted tradition of financial strength, stability and integrity. For additional information, visit www.fm-bank.com.