Elavon and Union Bank have agreed to extend their multi-year alliance, which will expand the geographic coverage and availability of payment consultants across Union Bank’s retail branch network, private bank and business banking relationships.
"Merchant Services is an important offering that helps our customers grow their businesses," said Brian Milton, managing director of Retail Home Equity, Credit Card and Merchant Services for Union Bank. "By combining our banking expertise with Elavon’s premier payment-processing network, our customers have a one-stop solution for all of their banking and payment-processing needs."
"Continuing our long-term relationship with Union Bank is a strong endorsement for Elavon," said Guy Harris, president of North America at Elavon. "Continuing our relationship allows us to offer innovative solutions that will help Union Bank’s merchant customers compete in today’s marketplace and manage the cost of payments."
Union Bank provides an array of financial services to small businesses and middle-market companies, including deposit solutions, loans, lines of credit, specialized credit programs and online business products.
The bank operates more than 400 branches across the United States, including in California, Washington, Oregon, Texas, Illinois, New York and Georgia.
Under the terms of the agreement, Union Bank’s new and existing merchant customers will benefit from Elavon’s customer-first approach and innovative payment solutions that help customers grow.