Andera, a financial software company that simplifies account opening and lending for banks and credit unions, announced that Artisans' Bank has chosen the oFlows multi-channel platform for online deposits.
Abraham Lincoln was president and the Civil War had just begun when ten hardworking businessmen launched Artisans' Bank in Wilmington, Delaware in 1861. The bank has grown from the founders' initial capital infusion of $40 to $516 million in assets, a 12-branch network, and a customer base of approximately 21,000.
According to J.R. Burns, Artisans' Vice President of Product and Business Development, the move to oFlows will enable the bank to meet burgeoning customer demand for mobile banking services and multiple channels of service delivery.
"Artisans' Bank chose oFlows for online deposit account opening for our customers, and we plan to leap-frog into the future with the introduction of iPad access," stated Burns. "We have followed Andera's progress with their oFlows product, and we've decided that now is the time to roll out their online and mobile technology."
"The oFlows platform allows Artisans' Bank to give its customers convenient, self-directed channels of access - including tablets and mobile devices - to the bank's products and services. oFlows reduces time spent in branches in addition to improving service delivery," said Andera CEO Charlie Kroll.