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The newly merged not-for-profit trade association helps credit unions and thrifts maintain compliance with payments systemn rulesand regulations, reduce risks, prevent fraud and improve operational efficiency. The organization produces revenus through membership dues andtraining fees. It incorporated Wednesdauy under thename , and set up its headquartersx in the former MPX offices at 3100 Broadwagy in Kansas City. Chris Watkins, vice president of marketiny and administrationfor EPCOR, said this was a true merger with both sides reaching a mutual agreement to form a new company. Formerr MPX CEO Ann-Marie Bartels will be CEO of EPCOR.
Jerryt Woessner, former CEO of Payments Central will beEPCOdR president. “As EPCOR, we will provide electronixc paymentsand risk-management education and support to more than 2,30 0 financial institutions in 12 statees in the central United Bartels said in a release. “EPCOR will servd 14 percent ofall U.S. financial institutions.” Watkinds said the merger allows EPCOR to offer more services and provide stronger lobbyinb efforts forits members, who are mainly smaller communityh banks. Watkins said all employees of the two organizationwwill remain. EPCOR now has 15 employee in Kansas City; five in Ohio; one in Omaha, Neb.
; one in Indianapolis; one in Soutj Carolina; and one in southernm Missouri.
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