Springfield-Ill.-based Marine
Bank and two affiliate banks, United Community Bank, Oakwood and
Schuyler State Bank, Rushville, have signed a multi-year contract with Computer
Services, Inc. (CSI) (OTCQX:
CSVI) for the full suite of CSI products and services, including
core processing, item processing, card services and risk management
solutions. Marine Bank ($580 million in assets) has been a CSI customer
for two decades – a testament to both the service provider’s technology and
customer service.
"Over the years, CSI has worked closely with us to meet our technology
needs during periods of rapid growth and quickly changing competitive
environment,” said Chris Zettek, CEO of Marine Bank. "We have grown to
eight branches thanks in great part to CSI’s exceptional, automated
technology, which has expanded to combat fraud threats and better
utilize risk management tools. CSI’s hands-on service has enabled us to
more easily focus on the most important part of our business – our
customers.”
Marine Bank and its affiliate banks will leverage:
-
NuPoint®
Portal is a comprehensive core banking suite delivered via service
bureau and supported by solution customization and training. By
leveraging CSI’s infrastructure, resources and expertise, the banks
eliminate the investments in hardware, software, and people associated
with in-house systems;
-
CSI
Item Processing Solutions includes branch capture, remote
deposit capture and complete mailing services including statement and
notice rendering;
-
CSI
Card Processing
is online/fully integrated solution to
CSI NuPoint, including ATM terminal driving, 7/24 monitoring, fraud
prevention and card access to regional and national networks;
-
Risk
Management Solutions, which includes iMonitor, a fraud
prevention solution that detects potential money laundering by
monitoring customers, accounts and transactions to identify high risk
customers and electronically report suspicious activity. Data-mining
tools generate custom reports and spread sheets and enable the
analysis of transactions in order to identify fraud alerts; and
-
Loan
Relationship Pricing, a part of CSI’s Business Intelligence
offering, which creates consistency in the loan pricing process and
identifies cross-selling opportunities through analysis, calculators,
and performance tracking.
"In an economy with innumerable risk and compliance burdens, banks need
tools that will automate not only their core banking functions, but also
their fraud prevention and risk management,” said Steve Powless, CEO of
CSI. "CSI is dedicated to meeting the needs of banks of all sizes by
automating risk and fraud compliance and helping them focus on banking.
We are thrilled that Marine Bank has chosen to extend their relationship
with CSI and look forward to many more years of partnership with Marine
Bank and their staff.”
About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core banking, payments
processing, Internet, card services, risk assessment, fraud prevention,
network management, regulatory compliance and document delivery
solutions to financial institutions and corporate entities across the
nation. Technology planning, personal account management and world-class
customer service explain why CSI is known as one of the nation's premier
providers of technology solutions for the financial services industry.
CSI’s stock is traded on OTCQX under the symbol CSVI. For more
information about CSI, visit www.csiweb.com.
About Marine Bank
Marine Bank was founded in 1993 with $8 million in assets, 12 employees,
and an approach for providing "banking the way it should be.” With a
business based on relationships rather than transactions, Marine Bank
has grown to eight locations in Springfield, Chatham, Champaign, and
Bloomington, $580 million in assets and 200 employees. For more
information on the bank’s locations, products, and services, visit www.ibankmarine.com.
