Thriving Lending Business Propels Southwest National Bank to Select FIS as Core Banking Provider
Thriving Lending Business Propels Southwest National Bank to Select FIS as Core Banking Provider
Key Facts
FIS' expanding relationship with Southwest National Bank demonstrates how the power and agility of the FIS' core banking capabilities and preintegrated solutions facilitate continued growth for community banks.
End-to-end banking solutions help community banks solve complex challenges while focusing on customer service and cross-sell services.
FIS continues to invest in core banking capabilities that enable its community bank clients to stay relevant and competitive in the markets they serve.
JACKSONVILLE, Fla.--(BUSINESS WIRE)-- With a complete end-to-end solution to meet the community bank's strategic needs, FIS™ (NYS: FIS) , the world's largest provider of banking and payments technology, today announced that Wichita, Kan.-based Southwest National Bank has selected FIS as its core processing provider to support its continued growth in retail and commercial banking. By deploying FIS' core processing platform along with essential banking solutions for ATM processing, document management, card management, and regulatory solutions, among others, Southwest National Bank will migrate to an end-to-end banking solution that solves the complex competitive challenges facing the growing community bank.
"As a community bank experiencing incredible growth in commercial and retail lending, we need agile core processing and integrated solutions that will help facilitate our bank's continued growth," said Trish Minard, president and CEO, Southwest National Bank. "With FIS' technology at our core, Southwest National Bank has the tools and innovative capabilities we need to achieve continued growth while focusing on our commitment to customer service."
FIS' fully integrated core processing solutions are designed to meet the strategic needs of financial institutions of all sizes, powering the engine that will help them achieve sustainable growth. With scalable solutions purpose-built to facilitate a bank's growth, FIS' personalized service and comprehensive technologies provide financial institutions with the ability to achieve their strategic business goals; helping them to drive revenue while mitigating risk.
"As the economy begins to rebuild, financial institutions of all sizes will fiercely compete for customers, and robust core processing technologies and services will provide the framework from which they can offer innovative products and services that keep them relevant with their customers and ahead of the game with their competition," said Anthony Jabbour, executive vice president, FIS North American Financial Institutions. "By streamlining its back-office operations, Southwest National Bank will continue to grow its lending business by providing consumers better customer service and cross-sell services."
Southwest National Bank has served the Wichita community since 1915. It is the fifth-largest bank based in the Wichita metropolitan area, with more than $450 million in total assets.
FIS (NYS: FIS) is the world's largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 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 425 on the Fortune 500 and is a member of Standard & Poor's 500® Index. For more information about FIS, visit www.fisglobal.com.
Forward-Looking Statements
This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the "Statement Regarding Forward-Looking Information," "Risk Factors" and other sections of the Company's Form 10-K and other filings with the Securities and Exchange Commission.
Kim Snider, 904.438.6278
Vice President
FIS Global Marketing and
Communications
kim.snider@fisglobal.com
or
Mary Waggoner, 904.438.6282
Senior Vice President
FIS Investor Relations
mary.waggoner@fisglobal.com
KEYWORDS: United States North America Florida Kansas
INDUSTRY KEYWORDS:
The article Thriving Lending Business Propels Southwest National Bank to Select FIS as Core Banking Provider originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
