HAUPPAUGE, N.Y., Jan. 14, 2016 /PRNewswire/ -- TransFirst, a leading provider of transaction processing services and payment enabling technologies, and Bank Mutual Corporation, the third largest financial institution holding company headquartered in the state of Wisconsin based on total assets, announce their new strategic partner relationship.

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Under the agreement, TransFirst will offer its payment processing products and services to business customers of Bank Mutual, enabling them to access the full suite of TransFirst's payment processing products and services, as well as TransFirst's competitive pricing structure, dedicated and collaborative sales support teams and 24/7, U.S.-based customer support.

"From the first conversation it was clear that Bank Mutual and TransFirst are aligned with similar business philosophies for providing world class service and consultative sales approaches," says Anthony Lucatuorto, President, Referral Partner Services at TransFirst. "This relationship enables Bank Mutual to offer its customers an extensive array of secure payment processing tools and customer service solutions to help merchants take their businesses to the next level. Our one-call resolution standard is an example of our commitment to excellence in customer service"

"Bank Mutual believes our new strategic alliance with TransFirst will help us continue to exceed our customers' payment processing expectations," says Dave Baumgarten, President and CEO of Bank Mutual. "We are always looking for new ways and the best partnerships to develop better custom solutions, including digital offerings, to ensure the best possible experience for Bank Mutual customers."

"TransFirst is excited about our new relationship with Bank Mutual," adds John Shlonsky, the company's President and CEO. "Bank Mutual has earned a reputation for being Wisconsin's choice bank for business because it puts its customers' best interests first. That's a philosophy that TransFirst both admires and shares."

About TransFirst (www.transfirst.com)
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, integrated partners, government and merchant customers' unique needs in mind. By collaborating with our customers and utilizing strong industry knowledge, we can help them grow their businesses. 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; Franklin, Tennessee; and Cypress, California. For additional information, please call 800.745.2659 or visit www.TransFirst.com.

About Bank Mutual (www.bankmutual.com)
Bank Mutual Corporation is traded on The NASDAQ Global Select MarketSM under the symbol "BKMU." Bank Mutual is the third largest bank headquartered in Wisconsin, with assets at September 30, 2015 of $2.5 billion. Bank Mutual was founded in 1892 and operates a broad network of offices across the state of Wisconsin and one office in Minnesota. Bank Mutual offers the advantage of local decision making, and provides financial solutions for personal, small business, and commercial clients that add value above and beyond traditional banking.

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SOURCE TransFirst