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FIS to Power Vermont’s Fastest-Growing Bank - The Bank of Bennington, Vermont’s fastest growing bank over the last ten years, will prepare for additional growth with FIS as its new core banking provider - FISglobal.com
FIS to Power Vermont’s Fastest-Growing Bank

 

PRZOOM - /newswire/ - Jacksonville, FL, United States, 2014/09/10 - The Bank of Bennington, Vermont’s fastest growing bank over the last ten years, will prepare for additional growth with FIS as its new core banking provider - FISglobal.com. NYSE: FIS

   
 
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• The Bank of Bennington has selected FIS as its new core banking provider.
• FIS also will provide online and mobile banking solutions.
• The bank’s selection process was driven by its desire to invest in technology that will streamline back office operations while simultaneously expanding services to its customers.

FIS™, the world’s largest provider of banking and payments technology solutions and a global leader in consulting and outsourcing solutions, also will provide online and mobile banking

Bank leaders were interested in strengthening the bank and priming it for growth. To do that, they wanted to improve their offerings to customers mobile and online, in particular and engage a core solution that could easily integrate their other products and services. Such integration provides consistency across delivery channels and allows a financial institution to fully leverage its entire infrastructure.

By improving the ways its established systems work together, and expanding its deposit offerings for customers, the bank expects to lower operations costs while increasing revenue by attracting new customers with its additional services.

“In an era of declining revenues, many financial institutions are looking to better compete by expanding their offerings to customers while simultaneously making their back offices more efficient,” said Anthony Jabbour, EVP, FIS North America. “FIS’ breadth of solutions and high-touch interaction gave bank leaders the confidence they could accomplish their goals with us.”

“We were looking to invest in technology that would take us to the future,” said James Brown, President & CEO, The Bank of Bennington. “FIS offered what we felt was a true partnership, enabling us to provide greater convenience to our customers, increase efficiency in our back rooms, and we liked their investments and commitment to data security.”

Founded in Bennington, Vt., in 1917, The Bank of Bennington is a full-service, mutual community bank with branches in the southwestern part of the state. Known for customer service, financial strength and community involvement, the bank has been Vermont’s fastest growing for the last 10 years.

About FIS
FIS (fisglobal.com) is the world’s largest provider of banking and payments technology solutions and a global leader in consulting and outsourcing solutions. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 110 countries. Headquartered in Jacksonville, Fla., FIS employs more than 39,000 people worldwide and holds leadership positions in payment processing and banking solutions, providing software, services and outsourcing of the technology that drives financial institutions. First in financial technology, FIS tops the annual FinTech 100 list, is 426 on the Fortune 500 and is a member of Standard & Poor’s 500® Index.

Forward-Looking Statements
This press release may contain statements, estimates or projections that constitute “forward-looking statements” pursuant to the safe harbor provisions of the U.S. federal securities laws. Generally, the words “believe,” “expect,” “intend,” “estimate,” “anticipate,” “project,” “will” and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from FIS’s historical experience and our present expectations or projections. These risks include, but are not limited to, changes in general economic, business and political conditions, developmental and conversion delays or disruptions inherent with new software products and technology, and risks of reduction in revenue from the elimination of existing and potential customers due to consolidation in or new laws or regulations affecting the banking, retail and financial services industries, changes in the growth rates of the markets for our solutions, and other risks detailed in our filings with the Securities and Exchange Commission (SEC), including the “Risk Factors” section of our Annual Report on Form 10-K for the year ended December 31, 2013, and subsequent SEC filings. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. FIS undertakes no obligation to publicly update or revise any forward-looking statements.

 
 
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FIS to Power Vermont’s Fastest-Growing Bank

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FIS Global | The Bank of Bennington
Contact: Kim Snider - FISglobal.com 
904-438-6278 kim.snider[.]fisglobal.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any FIS securities in any jurisdiction including any other companies listed or named in this release.

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