Discover Network Announces New Issuing Partner
12 Maggio 2010 - 2:00PM
Business Wire
Discover® Network today announced the launch of the American
Union Financial Services (AUFS) and Amalgamated Bank of Chicago
(ABOC) Discover card. The card will initially be offered nationwide
to select Joint Council Teamster local union members and their
families.
The AUFS/ABOC Discover card provides cardholders with benefits
such as no annual fee, a low annual percentage rate, AmalgaMiles
travel rewards, and zero liability on fraudulent transactions
“The agreement with ABOC allows us to continue to bring
choice and value to both issuers and consumers, and helps us
deliver on our focus of providing customized solutions for
specialized institutions,” said Kevin O’Donnell, vice president of
Credit Issuance at Discover. “This is yet another example of how
Discover designs products and offerings that help our customers
drive loyalty and increase transaction volume, so that they can run
more effectively.”
To learn more about the card, visit www.aboc.com/aufs.
About Discover
Discover Financial Services (NYSE: DFS) is a direct banking and
payment services company with one of the most recognized brands in
U.S. financial services. Since its inception in 1986, the company
has become one of the largest card issuers in the United States.
The company operates the Discover card, America's cash rewards
pioneer, and offers personal and student loans, online savings
accounts, certificates of deposit and money market accounts through
its Discover Bank subsidiary. Its payment businesses consist of
Discover Network, with millions of merchant and cash access
locations; PULSE, one of the nation's leading ATM/debit networks;
and Diners Club International, a global payments network with
acceptance in more than 185 countries and territories. For more
information, visit www.discoverfinancial.com.
About Amalgamated Bank of Chicago (“ABOC”)
Founded in 1922 by the Amalgamated Clothing Workers Union (now
known as UNITE HERE), Amalgamated Bank of Chicago has always been
dedicated to serving America's working people. Though times have
changed, Amalgamated's original vision has not. The union heritage
continues. As Amalgamated Bank changes and grows, we offer new and
innovative banking products and services to better serve our
customers - unions and union members in Chicago and across the
nation. For more information, visit www.aboc.com.
About American Union Financial Services, Inc.
(“AUFS”)
Founded in 2003 as a unionized financial services company, AUFS
has since its founding served organized labor with products and
services aimed at bringing direct benefit to the members and their
families. AUFS has garnered the support and provided services to
the Teamsters, the Laborers’ International, United Food and
Commercial Worker’s, United Transportation Unions and numerous
other organized labor bodies. For more information, please visit
www.aufs-inc.com.
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