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Reserve Adopts Fiserv PLUS Processing System

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NU Online News Service, Oct. 15, 2003, 12:03 p.m. EDT – Reserve Solutions Inc., New York, has agreed to use the Fiserv PLUS management processing system from Fiserv Inc., Brookfield, Wis., to reach out to investment firms and other financial services companies.

Reserve will use the Fiserv system to support its ReservePlus program. The program helps managers of 401(k), 403(b) and 457 retirement plans administer loans to the participants.

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Reserve also will use the Fiserv system to support a program that helps banks and credit unions speed up the process of issuing small home equity loans.