Digital Insight® Corp. (Nasdaq: DGIN), the leading online banking provider, today announced that New Jersey-based Spencer Savings Bank has signed a multi-year agreement to use Digital Insight's outsourced online banking.
Spencer Savings Bank selected Digital Insight solutions based, in part, on Digital Insight's robust product offerings. The $1.5 billion-in-assets, full-service bank will offer Internet Banking and Bill Payment for the first time to its 20,000 potential end users.
"We believe now is the time to build our online channel," said John M. Fitzpatrick, senior vice president of retail banking for Spencer Savings Bank. "Our bank places great importance on understanding our customers' needs, and we believe Digital Insight fundamentally understands our requirements and will provide the technology we need to support our growth."
"It is especially rewarding that Spencer Savings Bank has selected Digital Insight and entrusted us to build their online channel," said Jeff Stiefler, chairman, president and CEO of Digital Insight. "We believe Spencer Savings Bank ultimately selected Digital Insight based on our best-of-breed product strategy and the proven reliability and performance of our Internet Banking solutions. We look forward to partnering with them to grow their online channel."