Atloona Bank partners with CSI in the face of cybersecurity risks and tighter regulations
US-based Altoona First Savings Bank has chosen Computer Services (CSI) to provide its end-to-end solutions, becoming the bank’s new managed services provider.
The move by Atloona, which currently boasts $223 million in assets, is in a bid to “increase its operational efficiencies and strengthen its regulatory compliance” in the face of cybersecurity risks.
CSI will deliver 24/7 cybersecurity monitoring, offering Atloona a history of working with other community banks across all 50 US states and their specific requirements.
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“Working with CSI is like adding an entire IT department to our bank,” says Atloona’s president and CEO Troy Campbell. “Incorporating CSI’s managed services has helped our institution remain compliant and alleviated the risk inherent with having a single point of failure internally.”
CSI offers banks a mixture of both co-managed and fully hosted services, including hosted cloud services, managed security solutions and virtual chief information officer (vCIO) services.
Chairman and CEO of CSI Steve Powless says the company’s “passion” is working specifically with community banks, because its offering lends well to compliance and risk mitigation.