Home Federal Bank (OTC Bulletin Board: HFBL) announced today that it will convert to Harland's most sophisticated core banking system, Phoenix Extended Financial Enterprise in November 2010, as well as upgrade its online banking system to Cavion in December 2009.
Phoenix Extended Financial Enterprise (PhoenixEFE(TM)) is a business software platform for banks and credit unions. It combines Harland's technology solutions with the industry's leading computer applications. PhoenixEFE(TM) offers the bank advanced capabilities in the areas of risk management, business intelligence and marketing, lending and compliance, self service, payments, financial accounting and core account servicing and transaction processing. Cavion will provide consumer and commercial customers with the latest tools to manage their banking online and offer solutions for cash management.
Along with upgrading to PhoenixEFE(TM), Home Federal Bank has also entered into multiple partnerships to expand its technological capabilities. In order to completely update the bank's computer, data and voice architecture, Home Federal Bank will utilize Enterprise Computing Solutions (ECS) as their IT provider and Allegiance for their communications provider.
Home Federal Bank has also selected Gremillion & Pou Integrated Marketing and 305 Spin to design, develop and launch an improved website with greater functionality for customers including an upgraded online banking portal and the capability of online account opening, as well as online mortgage origination.