Clearent In the News

Clearent LLC Announces a New Partnership for Zions Correspondent Banking Clients

Clayton, MO—September 3, 2008—Clearent LLC announces a new relationship with Zions Bank Correspondent Banking Group to provide a full suite of merchant services payment products for community banks.

The payment landscape can be a confusing, complex place for financial institutions to operate in. Bringing concise, knowledgeable and bottom line focused expertise and technology is essential. And that’s precisely what the Clearent and Zions partnership does.

Through the merchant services relationship with Clearent, Zions’ correspondent banks will receive comprehensive, electronic payment options and straightforward, personalized support. They will also have access to best-in-breed technology.

“With the right program, merchant services not only adds real value to the bottom line, it can also open doors to new relationships and strengthen current ones,” says George Baker, sales manager for Zions CBG.

The new program features technology that provides correspondent banks and their merchants fast, easy access to data 24/7 from any Web-enabled computer. Self-service merchant tools enable the merchant quick access to the information they need, when they need it. Zions correspondent clients will have access to key data that, at a glance, will help them spot trends, new opportunities and potential risks not only to their merchant services business but to their larger relationships with their commercial accounts.

Dan Geraty, CEO of Clearent says, “We are truly excited about our partnership with Zions Correspondent Banking Group. Zions’ philosophy of integrity and bringing the best possible solutions to community banks is also the business model that Clearent has been built on. We look forward to supporting Zions and their correspondent banks for many years to come.”

To find out more, contact Dan Geraty at 314.732.0520 or George Baker at 801.844.7875

About Zions Bank

Zions Bank operates 138 full-service branches and nearly 200 ATMs throughout Utah and Idaho. In addition to a wide range of traditional banking services, Zions Bank offers a comprehensive array of investment and mortgage services, and has a network of loan origination offices for small businesses nationwide. The company is also a leader in providing electronic banking services, including electronic municipal bond trading. Founded in 1873, Zions has been serving the communities of the Intermountain West for 135 years. For more information, visit www.zionscbg.com or call 801.844.7875.