Georgian Bank signs for Harland Financial core banking service

Source: Harland Financial Solutions

Georgian Bank, designated the nation's fastest-growing bank, has selected Harland Financial Solutions, Inc. for a variety of services, including core processing, item processing and loan origination.

Harland Financial Solutions is a wholly owned subsidiary of John H. Harland Company (NYSE:JH).

Georgian Bank will operate the Phoenix System core banking solution in an outsourced environment through Harland Financial Solutions' Cincinnati-based Enterprise Services Center. The bank, which has five banking centers, intends to use the advanced features of the Phoenix System to serve its upscale retail and commercial customers to facilitate profitable growth. The conversion is scheduled for late spring 2006. In addition to the Phoenix System, the bank also will utilize Harland Financial Solutions' Intrieve Item Processing, as well as Deposit Pro and Laser Pro for its document compliance, new account origination and lending services.

By running the Phoenix System in an outsourced environment, Georgian Bank's management can focus on continued growth. "Serving our customers while continuing to grow is our main goal," said Danny Jett, Georgian Bank's executive vice president. "We evaluated all of the primary alternatives, but decided that a strategic partnership with Harland Financial Solutions is the best choice to help us meet our business objectives."

Built entirely on a Microsoft platform and relational database, the Phoenix System possesses a proven scalability, which makes it an excellent choice for mid-tier to upper-market banks. The advanced features of the system enable progressive banks to meet the ever-changing needs of their existing client base and target markets.

"Harland Financial Solutions is committed to helping Georgian Bank continue its growth track record, and we believe the Phoenix System is the optimal solution to use to achieve this goal," said Bill Zayas, senior vice president and general manager of Harland Financial Solutions' Core Systems Group. "The open architecture of the Phoenix System will enable the bank to add and easily integrate new technologies as needed."

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