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Summit Bank and First Federal Bank move to Digital Insight for Web banking

21 April 2004  |  716 views  |  0

Digital Insight® Corp. (Nasdaq: DGIN), the leading online banking provider, today announced the addition of two new bank clients. Summit Bank will convert to Digital Insight's Internet banking and Cash Management products from an in-house system. First Federal Bank will convert from a competitive outsourced solution.

Texas-based Summit Bank has $800 million in assets and 25,800 potential end users. Committed to the online channel, Summit Bank selected Digital Insight products and services including: AXIS® Internet Banking with Secure Support, Bill Payment and Presentment, AXIS Cash Management, Promotion Manager and Management Console.

"Offering high-quality online products and promoting online services to our customers is extremely important," said Jeff Sinnott, CIO of Summit Bank. "We selected Digital Insight after an exhaustive evaluation of vendors in our space. We are impressed with their focus and commitment to Internet Banking, proven product reliability, and convenient outsourced services model. We are confident that our customers will benefit from our partnership with Digital Insight."

First Federal Bank, based in Sioux City, Iowa, will offer Internet Banking, Bill Payment, Cash Management, Promotion Manager and a host of other products and services to its 45,000 potential end users. First Federal Bank has approximately $625 million in assets.

"We chose Digital Insight because their solution best matched the direction we are heading in online service delivery. First Federal is focused on delivering increased convenience and control to our consumer and business customers, who demand a robust and reliable product offering," said Peggy Smith, senior vice president of First Federal Bank. "We expect that Digital Insight's offering will satisfy our customers' high expectations today and in the future."

"We are pleased to welcome Summit Bank and First Federal Bank to Digital Insight," said Jeff Stiefler, chairman, president and CEO of Digital Insight. "Offering and promoting an integrated suite of online services is critical to a financial institution's success. Both of these institutions understand and embrace this strategic imperative. All of us at Digital Insight look forward to helping our new clients pursue their online strategy and maximize the financial benefits available from the online channel."

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