Sterling Savings Bank deploys Goldleaf deposit automation technology

Source: Goldleaf Financial Solutions

Goldleaf Financial Solutions, Inc. (NASDAQ:GFSI), a provider of integrated technology-based solutions designed to improve the performance of financial institutions, today announced that Sterling Savings Bank - a subsidiary of Sterling Financial Corp. and a leading commercial bank in the Western U.S. - is implementing Goldleaf's Sierra Xpedite teller deposit automation solution, along with Sierra Xchange unified payments gateway.

The live deposit automation rollout - which spans 170 branches - is part of Sterling's "continuous improvement business strategy" to increase revenue, reduce costs and enhance customer service by truncating paper checks and eliminating paper at the first point of presentment. The complete end-to-end software solution features seamless integration of Goldleaf's patented teller deposit automation functionality with Sterling's S1 FSB teller, Open Solution's core processing platform and Orbograph's IQUA and image recognition.

"Sterling Savings Bank is one of a growing contingent in the U.S. of financial institutions that grasp the interconnections between process improvement, customer service and the balance sheet," said Brian Geisel, EVP and general manager of Goldleaf's Enterprise Payments Division. "Goldleaf's deposit automation solutions will complement Sterling's growth initiatives by strengthening Sterling's systems integration, driving savings and efficiency into its deposit processes and enabling a new level of enhanced customer service."

Kade Peterson, SVP and banking support director at Sterling Savings Bank, agrees. "We were looking for a solution that would improve our customer experience at the branch while meeting our Check 21 objectives of capturing and clearing checks intra-day. This would substantially reduce our IP expenses. Goldleaf provided a platform that deeply integrated with our teller system to accomplish those goals."

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