Camden National Bank Joins PULSE(R) Network
01 Luglio 2008 - 3:00PM
Business Wire
Camden National Bank, a $2.29 billion bank based in Camden, Maine,
has joined the PULSE ATM/debit network. The bank will utilize PULSE
for PIN debit and ATM transactions. A full-service, independent
community bank, Camden National along with its Union Trust division
operates 37 branches throughout Maine. Camden National Bank is a
subsidiary of Camden National Corporation (NASDAQ: CAC). PULSE is a
Discover Financial Services (NYSE: DFS) company. �Our agreement
with PULSE reflects Camden National Bank�s commitment to providing
not only quality financial services, but also an exceptional
customer service experience,� said June Parent, Camden National
Bank senior vice president and senior retail banking manager.
�Debit is a primary point of contact with our customers, and
PULSE�s focus on value and service is a key reason we have taken
the step to include the network as part of our electronic payments
program.� �PULSE is pleased to add Camden National Bank to its
growing number of participants in the Northeast U.S.,� said Leah
Henderson, PULSE executive vice president. �The addition of an
established and respected bank based in Maine to the PULSE network
confirms the national acceptance footprint we have achieved over
our 27-year history.� PULSE has experienced continued growth in
network participation in 2008. For the fiscal year to date
(December 2007 through May 2008), the network has added more than
100 new financial institution participants. �Of the more than 100
institutions that joined PULSE in the first half of fiscal 2008, 28
percent are based in the Northeast,� said Henderson. �This clearly
demonstrates PULSE�s strong value proposition, as well as our
ability to service cardholders nationwide.� About Camden National
Bank Camden National Bank, a subsidiary of Camden National
Corporation which employs 440 Maine residents and is ranked in the
top 20 in US Banker's 2008 list of top-performing mid-tier banks,
is a full-service community bank headquartered in Camden, Maine.
Camden National Bank, along with Union Trust, a division of Camden
National Bank, has a network of 37 banking offices located in
coastal, western, central and eastern Maine, plus online banking at
CamdenNational.com and UnionTrust.com. The bank also has ATM-only
locations in Carrabassett Valley and Jefferson. About PULSE PULSE
is one of the nation�s leading ATM/debit networks, currently
serving more than 4,500 banks, credit unions and savings
institutions across the country. PULSE is owned by Discover
Financial Services (NYSE: DFS). The network links cardholders with
more than 265,000 ATMs, as well as POS terminals at retail
locations nationwide. The company is also a valued resource for
industry research related to electronic payments and is committed
to providing its participants with education on evolving products,
services and trends in the payments industry. For more information,
visit www.pulse-eft.com.
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