Katahdin Trust Company Selects Fiserv for Account Processing, Citing Comprehensive Integration of Fiserv Solutions

  Katahdin Trust Company Selects Fiserv for Account Processing, Citing
  Comprehensive Integration of Fiserv Solutions

  *Maine bank chooses the Premier bank platform from Fiserv
  *Katahdin Trust Company based their selection on enterprise-wide
    integration, innovation, scalability and opportunities for increased
  *Fiserv solutions for online banking, mobile banking, source capture, bill
    payment, person-to-person payments and card services will provide a
    comprehensive, integrated set of products and services

Business Wire

BROOKFIELD, Wis. -- February 20, 2013

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, today announced that Katahdin Trust Company has chosen
the Premier^® bank platform, as well as a comprehensive selection of
additional solutions from Fiserv. Headquartered in Houlton, Maine, the $577
million bank cited the scalability and integration of Fiserv products and
services as key factors in its decision to choose Fiserv.

“Bringing leading-edge technology under one Fiserv umbrella will help us to
create new efficiencies throughout our organization, remain competitive and
improve our bottom line,” said Jon Prescott, President and CEO, Katahdin Trust
Company. “Just like consumers and businesses across the country, our customers
want the latest technology. With Fiserv, we will be positioned not only to
provide state-of-the-art products and services that are available now, but
also to anticipate and deliver the technological innovations still on the

Because of its partnership with Fiserv, Katahdin Trust Company will be able to
effectively compete with larger banks in its market by quickly bringing
innovative products and services to its customers. One such product, Mobile
Source Capture™ from Fiserv, turns a smartphone into a deposit-making device,
enabling consumers and small businesses to safely and securely deposit checks
from any location.

“Katahdin Trust Company has an impressive record of success in this rapidly
evolving industry, as evidenced by its recognition for six consecutive years
as one of the Top 200 Community Banks in the country by American Banker
magazine,” said Teri Carstensen, president, Bank Solutions, Fiserv. “Fiserv
offers Katahdin Trust Company and other financial institutions like it new
opportunities for innovation, increased efficiencies and continued growth. By
partnering with Fiserv, the bank joins our continually growing list of
successful clients that rely on Fiserv to help deliver the products, services
and delivery channels that consumers have come to expect from banks of all

With headquarters in a rural location, Katahdin Trust Company relies on
technology like business online banking, wire services and check capture to
make business banking easier and expand beyond the bank’s traditional
geographic footprint. Fiserv products and services that improve offerings for
business customers are especially important for Katahdin Trust Company, which
has received the preferred lender designation from the U.S. Small Business
Administration.  This designation is reserved for the SBA’s most experienced
and trusted lenders with a proven record of lending performance and

Other innovative solutions from Fiserv selected by Katahdin Trust Company
include Popmoney^® for person-to-person payments, CheckFree^® RXP^® for bill
payments, Mobiliti™ for mobile banking, Business Online™ and Retail Online™
for online banking, Branch Source Capture™, Merchant Source Capture™ for check
capture, WireXchange^® for wire transfers, Director™ for electronic content
management, Business Process Manager for new account and process management,
the ACCEL/Exchange^®Network, Debit Processing and card production services.
Katahdin Trust Company will operate the Premier bank platform in an in-house

Fiserv is the U.S. market leader in account processing services for financial
institutions. More than one-third of U.S. financial institutions rely on
Fiserv for account processing solutions and expertise.

About Katahdin Trust Company

Katahdin Trust Company, established in 1918 with nearly $580 million in
assets, provides banking services to individuals and businesses from seventeen
offices in northern and central Maine, online at katahdintrust.com, and
operates a commercial loan office in Scarborough, Maine. Katahdin Trust
Company has also received the Preferred Lender designation by the U.S. Small
Business Administration and has been recognized as one of the Top 200
Community Banks in the country for six consecutive years by American Banker
magazine. Katahdin Trust Company is owned by the one-bank holding company,
Katahdin Bankshares Corp., (OTCQB:KTHN),  which is quoted on the OTC Markets
quote board OTCQB under the symbol KTHN. Current stock information can be
found at otcmarkets.com/home.

About Fiserv

Fiserv, Inc. (NASDAQ: FISV) is a leading global technology provider serving
the financial services industry, driving innovation in payments, processing
services, risk and compliance, customer and channel management, and business
insights and optimization. For more information, visit www.fiserv.com.



Media Relations:
Julie Smith
Public Relations Manager
Fiserv, Inc.
Additional Contact:
Karen Veling
SVP, Head of Marketing and Communications
Fiserv, Inc.
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