TSYS Renews Processing Agreement With Navy Federal Credit Union

COLUMBUS, GA – TSYS has renewed its agreement with Navy Federal Credit Union to support the institution’s more than 1 million credit card accounts for an additional five years. Based in Vienna, Va., Navy Federal is the world’s largest credit union with more than 2.5 million members and $24.4 billion in assets.

“We’re proud of our relationship with Navy Federal,” says M. Troy Woods, president and chief operating officer for TSYS. “This important agreement is one in a series of renewals indicating our clients continue to have the highest confidence in the service and technology that TSYS delivers.”

Navy Federal has been a client of TSYS since 2000. The credit union supports its consumer credit-card accounts with TS2, the industry-leading payments engine, and a range of other services from TSYS.

“TSYS is able to provide a multitude of solutions that are best able to meet our needs and those of our members,” says Tom Steele, executive vice president of the lending department for Navy Federal Credit Union. “Navy Federal is committed to offering our members quality services. TSYS understands our goals and has partnered with us to offer quality solutions in a secure environment.”