First State Bank makes account processing switch with Fiserv
Illinois-based First State Bank has kicked off a technology transformation with Fiserv’s Premier account processing platform.
The bank, which holds $1.2 billion in assets and operates 18 branches throughout the Prairie State, has grown via mergers and acquisitions, and aimed to address “inefficiencies” and simplify operations.
It will be deploying the Premier system along with solutions focused on “enhancing digital capabilities, streamlining document management, accounting and general ledger activities, and supporting cross-sales in the branch.”
The bank has also selected a suite of solutions to boost its mobile banking, online account opening and payment options for business customers.
“The capabilities we have selected are far ahead of our current service offering,” says Tim McConville, president and CEO of First State Bank.
“We were looking for a true strategic partner that is interested in our success as a bank, and are confident that the well-orchestrated relationship model from Fiserv will provide the support we need.”
Todd Horvath, group president of account processing at Fiserv, says that there are a growing number of people preferring online and mobile banking options.
He adds: “The breadth of functionality First State Bank is implementing will give customers more options for managing their financial lives wherever they are, including real-time notifications that keep them informed and connected to their banking activity.”