First National Bank has selected Jack Henry Banking’s CIF 20/20 core processing system to provide enterprise-wide automation. CIF 20/20 system’s browser user interface, open architecture and relational database technology, ability to support both in-house and outsourced operating environments, and scalable hardware platform provide operating flexibility and therefore support banks’ technology requirements.
In addition to CIF 20/20, First National Bank will initially implement an array of Jack Henry Banking’s complementary solutions including streamLine platform automation – deposits, streamLine platform automation – loans, vertex teller automation system, netTeller online banking, netTeller cash management and netTeller bill pay electronic bill payment solution.
The bank will also implemet electronic statements, the inTouch voice response telephone banking solution, the BIG rewards customer rewards and loyalty solution, remote deposit capture, 4|sight item imaging, components of the modular synergy enterprise content management solution, the jhaPassPort ATM and debit card solutions, and the timeTrack payroll system.
Carol Smith, senior vice president of operations for First National Bank, said: Our bank was at a crossroads. We were facing a renewal with the provider of our long-time in-house system, and our aggressive growth and market expansion plans require a top tier technology platform. We initiated the process of finding a technology partner that could serve our bank as a single source provider and an integrated technology platform that could meet our near- and long-term information and transaction processing requirements.
“Jack Henry Banking clearly demonstrated that CIF 20/20 is a functionally robust core system, that it provides the vast majority of the fully integrated complementary solutions we need, and that it has a distinct commitment to customer support and service.
Stan Viner, general manager of sales for Jack Henry & Associates, said: A fundamental tenet of our success is the ability to provide the business tools banks need to serve their existing customers and attract prospective customers in today’s highly competitive business environment, to continually improve bank performance, and to successfully respond to the dynamic trends that shape the financial services industry.
“We are confident that we provide the core functionality and complementary solutions First National Bank expects to gain with a new technology platform, and we welcome the addition of this bank to our client roster.”