US core banking systems round-up: 19 December 2016
Get straight to the core of US core banking systems projects with this brief round-up.
Oklahoma-based Green Country Federal Credit Union has selected Fiserv’s Portico core account processing platform for digital and mobile banking, and functionality for commercial lending. Green Country is transferring its technology from an array of providers to Fiserv, and the latter says it is the first US credit union to integrate a commercial lending module into Portico. Green Country was established in 1970, and has approximately $60 million in assets and more than 8,300 members.
The Software-as-a-Service (SaaS) suite includes Virtual Branch for online banking with bill pay, Mobiliti for mobile banking, Mobile Source Capture for mobile deposits, Loancierge for lending automation, Wisdom for accounting and call report management, WireXchange for wire transfers, Teller Source Capture for front-line automation, and solutions for commercial lending, card processing, statements, and web signatures. In addition, Green Country will use Raddon for strategic consulting services.
XCEL Federal Credit Union (XCEL), based in Bloomfield, New Jersey, has partnered with Texas-based IBT to integrate various payment, lending, and content management services in a user interface. IBT’s online and mobile banking platforms provide XCEL with “fully-branded” internet banking sites to showcase products; and a bill pay feature.
IBT’s other customers include Citizens State Bank of Lankin, a small family-owned entity in North Dakota, First Bank and Peoples Independent Bank in Alabama, Merchant and Farmers Bank in Louisiana, Peoples National Bank in Ohio, Dillon Credit Union in Kansas and the First National Bank of Eagle Lake in Texas.
Iowa-based Two Rivers Bank & Trust has selected Computer Services Inc’s (CSI) product suite, including its cloud-based NuPoint core banking system.
CSI says by using its infrastructure, resources and support, Two Rivers “received such efficiencies as customised data views at the bank and user level, as well as the ability to enhance its internal reporting systems”.
