O Bee Credit Union Partners With FastTransact to Pioneer Credit Card Charity Donating on Financial Institution Sites


TUMWATER, WA--(Marketwire - November 25, 2009) - O Bee Credit Union and FastTransact, Inc. have partnered to bring credit card processing of charity donations to a financial institution's web site -- specifically, food banks and other non-profits that might not otherwise have the online technology to accept gifts in this manner. It represents a model for other financial institutions to support non-profits in their communities in similar fashion.

"During these difficult financial times, non-profits need our help more than ever," states Lee Wojnar, VP of Marketing at O Bee Credit Union. "Our goal was to find a creative solution to help them be flexible in their donation collection process. Teaming up with FastTransact made it possible for O Bee to set up a single point of collection for the Thurston County and Tenino Food Banks and United Way of Thurston County. What is unique about our website is that the monies collected are deposited directly into the non-profit accounts, so donations can be tax deductible. Contributors can use any institution's Visa or MasterCard credit cards or Visa debit cards, not just an O Bee card."

"We are very excited about our partnership with O Bee Credit Union and being able to offer a user-friendly solution for payment acceptance and donor management," said David Solomon, FastTransact, Inc. President/CEO. "By pooling our resources and technology, local non-profit organizations can accept online donations and simplify their fundraising efforts. Our processing system exceeds security requirements set forth by all major credit card companies, so you can rest assured that your transaction data is safe and secure. The bottom line for everyone... there's no easier way to support your favorite charity, whether it be a one-time donation or throughout the year."

To make a tax-deductible donation to any of these three non-profit organizations, go to O Bee Credit Union's home page, www.obee.com, and click on the DONATION BUTTON at the bottom of the home page to choose which charity you would like to donate to.

About O Bee Credit Union

O Bee Credit Union (The Olympia Brewing Company Employees and Families Credit Union) was started February 15, 1955, by Ted McGill who worked in the bottle house of the Brewery. This full-service, non-profit credit union owned by its members is now open to all Washington residents with locations in Tumwater, Lacey, and Tenino.

About FastTransact, Inc.

FastTransact, located in Lacey, Washington, offers a unique collection of merchant account services throughout the US and Canada, including everything from retail equipment, to POS hardware/software, to the most secure and high performance Internet gateways available today. FastTransact, Inc. is a registered ISO / MSP of Harris N.A., Chicago, IL and Wells Fargo, N.A., Walnut Creek, CA.

Contact Information: Contact: Chris Reisch Marketing Assistant O Bee Credit Union Phone: (360) 528-5304