Harland signs three to core processing technology
31 July 2007 | 1806 views | 0
Source: Harland Financial Solutions
Broadening its reach in the savings and loan industry, Harland Financial Solutions recently signed agreements with three institutions that purchased the Intrieve Advantage core system, along with a variety of other Harland Financial Solutions products and services.
Released in the late fall of 2006, IntrieveAdvantage is Harland Financial Solutions' outsourced online, real-time core system for thrifts. The new clients include, Pacific Crest Savings Bank of Lynnwood, Washington, Quarry City Savings & Loan Association of Warrensburg, Missouri, and Victory Community Bank of Fort Mitchell, Kentucky.
"We were really looking for a one-source solution provider. The Harland Financial Solutions integrated suite of products and services provides us with the tools to more effectively build and service our client portfolio," stated Sheryl Nilson, president of Pacific Crest Savings Bank.
The flexibility of Harland Financial Solutions and its product mix are evident with these signings, as each institution possessed different requirements. Quarry City Savings & Loan Association is a $19 million institution converting from a manual environment into a full-service institution. With $93 million in assets, Victory Community Bank sought an integrated solution with an emphasis on mortgages to handle its large volume of home loans. And Pacific Crest Savings Bank, with $138.8 million in assets, plans to move towards a more electronic-focused transaction environment.
"The flexibility of Harland Financial Solutions' product mix positions our institution to compete in today's market, while giving us the resources to support future growth," said David Andrew, executive vice president of Quarry City Savings & Loan Association.
As a testament to solution integration with IntrieveAdvantage, the institutions also purchased additional Harland Financial Solutions products and services, such as Item Processing Services, Financial Management Software, Compliance eAcademy, Interlinq E3 loan origination, Cavion Internet Banking, Electronic Funds Transfer, Active:View Content Management and Voice Master.
"As an institution focused on lending, we required an integrated yet comprehensive solution to meet very specific needs. Harland Financial Solutions' offering is the best fit for our business model," said Tara Kersting, vice president and controller of Victory Community Bank.
"These three unique core solution deals exemplify the depth and breadth of the products and services that Harland Financial Solutions brings to the savings and loan industry," said Bill Zayas, executive vice president and general manager of Harland Financial Solutions' Bank Core Systems Group. "As their trusted technology partner, we are able to provide these institutions with a tailored solution to fit their exact technology needs."