TransFirst® and Astoria Federal Savings Collaborate To Benefit Business Banking Customers
Hauppauge, New York (July 25, 2012) – TransFirst, a leading provider of transaction processing services
and payment enabling technologies, is pleased to announce a new collaboration with Astoria Federal
Savings that will provide innovative payment processing products and services to help Astoria Federal’s
business banking customers grow and succeed.
Astoria Federal’s customers will benefit from TransFirst’s proprietary merchant services offerings,
including Transaction ExpressTM, an online centralized payment gateway; and TransLink, a
comprehensive web-based reporting system and management tool that delivers 24/7 access to a variety of
merchant services and merchant bankcard solutions. Customers will also benefit from TransFirst’s
industry-leading partner support — including dedicated expert management, training programs and
specialized communications — along with portfolio performance reports, a 24/7 merchant helpdesk,
competitive pricing and innovative proprietary products.
“We are very pleased to announce this important alliance with Astoria Federal Savings,” says Marla
Knutson, president of TransFirst’s National Financial Institutions division. “Our ‘TransFirst Partnership
Program’ implementation timeline strategically aligned with Astoria Federal’s rollout of their business
banking expansion strategy, resulting in a win–win for both companies.”
“All of us at TransFirst are excited about building a strong, mutually beneficial business relationship with
an institution that is so well-respected within the local footprint of our New York company headquarters,”
says John Shlonsky, TransFirst’s president and CEO. “We are looking forward to working with the
Astoria Federal team for many years to come.”
“We are confident that our business banking customers will be well-served with the TransFirst
Partnership Program,” says Stephen Sipola, senior vice president and director of business banking for
Astoria Federal Savings. “TransFirst’s Partner Sales Support group and its sales representatives’
commitment to merchant retention as well as new acquisitions impressed us most. We are excited to
leverage TransFirst’s expertise to help us gain merchant processing market share in the coming years.”
The agreement between TransFirst and Astoria Federal runs through 2017.
A leading provider of secure transaction processing services and payment enabling technologies,
TransFirst offers innovative products and services designed with financial institution, independent sales
organization, healthcare, e-commerce, government and merchant customers’ unique needs in mind. By
collaborating with our customers and utilizing strong industry knowledge, we help them grow their
businesses. Founded in 1995, TransFirst continues to attain significant market share and world-class
expertise in growing and profitable industry segments. Built on a platform of personal service, customer
commitment and flexible pricing, TransFirst is headquartered in Hauppauge, New York, and has
operations facilities in Aurora, Colorado; Broomfield, Colorado; Omaha, Nebraska; Overland Park,
Kansas; Franklin, Tennessee; Cypress, California; and executive headquarters in Dallas, Texas.
Company-wide, TransFirst currently processes approximately $30 billion in annual sales volume for more
than 175,000 merchants and financial institution partners. For additional information, please call
631.840.6900 or visit www.TransFirst.com.
Astoria Financial Corporation, with assets of $17.6 billion, is the holding company for Astoria Federal
Savings and Loan Association. Established in 1888, Astoria Federal, with deposits in New York totaling
$10.7 billion, is the largest thrift depository in New York and embraces its philosophy of “Putting people
first” by providing the customers and local communities it serves with quality financial products and
services through 85 convenient banking office locations and multiple delivery channels, including its
enhanced website, www.astoriafederal.com. Astoria Federal commands the fourth largest deposit market
share in the attractive Long Island market, which includes Brooklyn, Queens, Nassau, and Suffolk
counties with a population exceeding that of 38 individual states. Astoria Federal originates mortgage
loans through its banking and loan production offices in New York, an extensive broker network covering
fourteen states, primarily along the East Coast, and the District of Columbia, and through correspondent
relationships covering fifteen states and the District of Columbia.