P&H Solutions, the leader in providing business banking solutions to financial institutions throughout North America, today announced that Panhandle State Bank, and its subsidiaries Intermountain Community Bank, and Magic Valley Bank, with assets of over $614 million, has chosen P&H Web Cash Manager to provide business banking products and services to its online business banking customers.
Panhandle State Bank will employ a broad range of functionality through Web Cash Manager including information reporting, wire transfers, ACH, stop payments, positive pay, and a link to bill payment. In addition, P&H will deliver real-time interfaces to Panhandle State Bank's existing Jack Henry Silverlake core systems, leveraging Jack Henry's new jXchange API.
"We picked P&H over the competition because of their ROI model, depth of functionality, single platform for all size businesses, and track record of delivering on their promises," said Sherry Niblock, Vice President, Relationship Services, Panhandle State Bank. "Providing exemplary customer service is of the utmost importance to us. Web Cash Manager's extensive functionality and ease-of-use will ensure that we continue to give our business customers access to the products and services they need, 24 hours a day, 365 days a year."
Panhandle State Bank will take advantage of P&H's Outsource Solution Center, which provides the full suite of Web Cash Manager functionality through a highly secure ASP environment.
"With the full range of Web Cash Manager's functionality available through our Outsource Solution Center, community banks can now provide many of the same products and services available through large institutions," said Ralph Dangelmaier, President of P&H Solutions. "In addition, our single platform approach ensures that as customer needs increase, they won't have to change banking platforms. That's a clear advantage for institutions like Panhandle State Bank."