West Texas National Bank (WTNB), a $400 million bank in Midland, Texas, chose the Precision Computer Systems (PCS) unit of Fiserv, Inc. (Nasdaq:FISV) as its new core processing provider.
Establishing a technology foundation to meet current and future needs was a key reason behind the bank's decision to deploy PCS Vision.
"It has the most powerful relational database in the industry," said Jerry Rogers, WTNB executive vice president and COO.
To facilitate long-term growth strategies, the bank also licensed PCS risk management solutions, e-commerce, online ATM, document management and imaging, as well as end-to-end image exchange applications used in conjunction with the Fiserv Clearing Network. "With Precision Computer Systems, we know we'll be able to provide our customers with service that is second to none," added Rogers.
Additional factors influencing the bank's decision included PCS client references as they relate to customer support, product flexibility and ease of use. "We spoke with more than 50 financial institutions and each of them gave PCS top marks for customer service, conversions and system capabilities," said Rogers.
"WTNB is progressive in their growth and technology demands," said PCS President Mark Blankespoor. "Based on the bank's objectives and desire for enhanced customer relationships, we believe our technology, product and service offerings provide a competitive advantage and will enable the bank to better serve their customers and market."
WTNB's conversion to the PCS in-house system is scheduled for May 2006.