EXHIBIT (c)1

[LOGO]                        NEWS RELEASE

For release: September 30, 1997

                                Corporate Headquarters, 255 Fiserv Drive,
                                Brookfield, WI 53045, 414-879-5000, 800-872-7882
                                For more
                                information contact: George D. Dalton, Chairman


              Fiserv, Inc. Expands Securities Processing Services
                           with Agreement to Acquire
              Clearing Business of Hanifen, Imhoff Holdings, Inc.
                                        

     Brookfield, Wisconsin, September 30, 1997--Fiserv, Inc. (NASDAQ:FISV)
announced today that it has signed an agreement to acquire Hanifen, Imhoff
Holdings, Inc. by merger for $97.2 million in cash and stock.  Hanifen, Imhoff
Clearing Corp., a provider of clearing services to brokerage firms and a
subsidiary of Hanifen, Imhoff Holdings, will become a subsidiary of Fiserv.

     Management of Hanifen, Imhoff, Inc., an investment banking subsidiary,
will purchase certain assets of Hanifen, Imhoff, Inc. and Hanifen, Imhoff
Investments, Inc. prior to the merger and will continue to operate as an
independent company headquartered in Denver.

     "We're continuing to enhance the products and services of the Fiserv
Securities Processing Group.  With this acquisition, Fiserv will become one of
the leading providers of professional and correspondent clearing services in the
industry," said George D. Dalton, Fiserv Chairman and Chief Executive Officer.
"In addition, the management team and staff at Hanifen, Imhoff have an excellent
track record, and will be able to help us capitalize on the opportunities within
this growing area of our business."

     Hanifen, Imhoff Clearing Corp. engages in the execution of securities
trades and is a leading provider of clearing services to more than 50 brokerage
firms throughout the nation.  The company processes over 120,000 trades per
month and carries over 140,000 active customer accounts of broker dealers.
Formed in 1990, the business currently employs more than 100 professionals at
its Denver headquarters.

     "We're pleased to add our experience and resources to Fiserv," said George 
A. Johnson, President and CEO of Hanifen, Imhoff Clearing Corp.  "Fiserv will 
allow us to accelerate the

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accomplishment of our strategic plan by providing access to additional capital
and products, while allowing us to retain our independence and flexibility in
serving our clients."

     The Fiserv Securities Processing Group also includes BHC Securities, Inc. 
of Philadelphia, Penn., which provides a wide range of traditional processing 
and related services to support all aspects of a retail brokerage operation. In
addition, the Securities Processing Group provides an array of complementary
products and services, such as specialized processing for bank and capital
markets departments, mutual fund processing for both load and no load funds,
self-directed retirement plans, equity dividend reinvestment plans, investment
management accounts, mutual fund wrap accounts, annuity processing, and
customized Internet, telephony and programming. In total, the Fiserv Securities
Processing Group will process approximately 400,000 trade executions and
clearings per month, serving approximately 1.2 million customer accounts.

     Fiserv, Inc. is an independent provider of financial data processing
systems and related information management services and products to the
financial industry, serving over 5,000 bank, credit union, mortgage firm and
savings institution clients worldwide.  The company has more than 9,000 industry
professionals, with over 1,200 specialists who work to meet the unique needs of
financial planners and broker dealers throughout the United States.  A publicly
held company headquartered in Brookfield, Wis., Fiserv is traded on the NASDAQ
over-the-counter market under the symbol FISV.


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