Fiserv Acquires Credit Union On-Line Inc.

Fiserv, Inc. FISV announced today that it has acquired Credit Union On-Line Inc. (CUOL), a credit union service organization that runs an outsourced version of the XP2® account processing solution from Fiserv. The CUOL organization was co-owned by CEO Connie Boretti and two credit unions: RTN Federal Credit Union and Medical Area Federal Credit Union. Financial terms were not disclosed.