On The Mark Payments, LLC (OTMP) has been selected by Garden Savings Federal Credit Union as its credit / debit card processing partner and will facilitate customized electronic payment solutions for all of the Credit Union’s existing and prospective merchant accounts.

OTMP is managed by recognized industry veterans and built on four decades of proven merchant processing experience. The newly signed agreement will provide direct sales support, marketing and state-of-the-art electronic payment processing through the company’s innovative and turn-key Merchant Connect Program, which is designed to deliver significant value, such as increased commercial account balances and incremental revenue, to financial institutions of every size.

“Since opening our doors over five decades ago, we have remained steadfast in our mission to build true partnerships with our members by understanding their unique needs and staying ahead in delivering the products and services to best meet those needs,” said Garden Savings Federal Credit Union President and CEO Lou Vetere. “With a proven track record in delivering innovative processing solutions that benefit businesses of all sizes, On The Mark will serve us well in advancing that commitment.”

“Garden Savings Federal Credit Union is an impressive financial institution with a core mission, vision and value set that allow them to put customers first,” said OTMP Chairman and CEO Dick Spigai. “We are ready and eager to provide the customized and cost-efficient payment solutions that will align with this philosophy and meet the growing demands of their merchants.”

Garden Savings Federal Credit Union was founded in 1968 to serve the financial needs of the employees who worked for AT&T Bell Laboratories (presently known as Alcatel-Lucent). In 1985, membership was broadened and today, with over $350 million in assets, over 70 employees and six branches, Garden Savings serves over 25,000 members. Branches are located in Dover, Montville, Murray Hill, Newark, Parsippany and South Orange. Visit or call (888) 554-9328for more information.

On The Mark Payments, LLC provides customized electronic payment solutions to financial institutions and their commercial customers through their innovative and aggressive Merchant Connect Program. All programs support a wide range of card-based payment options for all major credit cards, comprehensive point-of-sale, PIN-based and signature debit card processing solutions, electronic check acceptance solutions, mobile and online processing, surcharging programs, available next day funding and gift and loyalty card program solutions. Industries served include retail, restaurant, government, education, e-commerce and healthcare.

back to news

return to toptop
Competitive Analysis