CEY Certegy

Certegy Partners With Eastern Financial Florida Credit Union to Launch New MasterCard(R) Program Issuer Brings Portfolio Management In-House ST. PETERSBURG, Fla., July 12 /PRNewswire-FirstCall/ -- Certegy Inc., the nation's leading provider of credit card processing services to credit unions, today announced a new three-year agreement with Eastern Financial Florida Credit Union (EFFCU) of Miramar, Florida. Under the terms of the agreement, Certegy will provide credit card processing, cardholder support and rewards programs for EFFCU's newly launched MasterCard(R) program. EFFCU is the third largest credit union in Florida, with over $2.0 billion in total assets and over 200,000 members nationwide. After selling its credit card portfolio in 2001, EFFCU's management recently decided to launch a new program to better serve its members. "We believe we can provide more value to our membership base by making credit card decisions locally and managing our portfolio in-house," said Gary Lanier, senior vice president of EFFCU. "In addition, we want to reward our members with loyalty programs and discounts on other services. Certegy's comprehensive product offering and its ability to integrate a card program into our other product offerings were key factors in our choice of a third- party processor." "Credit cards play an integral role in credit unions' relationships with their members, and we are extremely pleased to partner with Eastern Financial in launching their new card program," said Robert Bream, executive vice president and group executive of Certegy Card Services, North America. "Certegy specializes in helping credit unions deliver the products and services that their members expect, and we look forward to helping them reach their goals." About Certegy Certegy (NYSE:CEY) provides credit and debit processing, check risk management and cash access services, merchant processing and e-banking services to over 6,500 financial institutions, 100,000 retailers and 100 million consumers worldwide. Headquartered in St. Petersburg, Florida, Certegy maintains a strong global presence with operations in the United States, the United Kingdom, Ireland, France, Chile, Brazil, Australia, New Zealand, Thailand and the Caribbean. As a leading payment services provider, Certegy offers a comprehensive range of transaction processing services, check risk management solutions and integrated customer support programs that facilitate the exchange of business and consumer payments. Certegy generated over $1.0 billion in revenue in 2004. For more information on Certegy, please visit http://www.certegy.com/. About Eastern Financial Florida Credit Union Based in Miramar, Florida, Eastern Financial Florida Credit Union is the largest credit union in South Florida and the third largest in Florida with over $2 billion in assets. It has 21 branches in South Florida and the Tampa Bay region, serves more than 900 member companies and provides financial services to more than 200,000 individual members. Eastern Financial Florida Credit Union was founded in 1937 as the original credit union for Eastern Airlines. In 2002, it changed its charter to allow membership by anyone who lives or works in Palm Beach, Broward, Miami-Dade, Pinellas, or Hillsborough counties. Please visit http://www.effcu.com/ for more information. DATASOURCE: Certegy Inc. CONTACT: Mary Waggoner, SVP - Investor Relations of Certegy Inc., +1-678-867-8004 Web site: http://www.certegy.com/ http://www.effcu.com/

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