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American AgCredit Renews Agreement With EastPoint Technologies; EastPoint Will Continue As American AgCredit's Core-Processing Provider.


Business Editors

BEDFORD, N.H.--(BUSINESS WIRE)--Jan. 21, 2004

EastPoint Technologies, today announced that American AgCredit of Santa Rosa Santa Rosa, city, Argentina
Santa Rosa, city (1991 pop. 80,629), capital of La Pampa prov., central Argentina. It is a modern city and road junction surrounded by a rich agricultural and cattle-raising area.
, CA has extended its agreement with EastPoint for core-processing services. American AgCredit, an Agricultural Credit Association, will continue to utilize the EastPoint Enterprise Banking System to handle its entire core processing requirements.

American AgCredit has been an EastPoint User for a number of years and is currently operating through EastPoint's Application Service Provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ) delivery channel located in Arden Hills, MN. American AgCredit is a member-owned cooperative which provides credit and credit related services to eligible borrowers/stockholders for qualified agricultural purposes. With the EastPoint platform, American AgCredit has the ability quickly create, deliver and support a wide range of loan products and services to their customers. In addition to the various applications found in the EastPoint solution, the system's open architecture has enabled American AgCredit to incorporate additional third party products such as Internet banking.

"American AgCredit is a leader in delivering financial solutions to agricultural concerns located in California and other western states. We are very happy that they chose EastPoint as their technology partner," said Gregory Sherrill, Senior Vice President of Sales & Business Development, EastPoint Technologies. "American AgCredit has been a valuable customer for a number of years and we look forward to having the opportunity to continue to provide the technology tools that will assist them in achieving their strategic goals for years to come."

About American AgCredit

Headquartered in Santa Rosa, CA, American AgCredit is part of the Nationwide Farm Credit System. As an Agricultural Credit Association, American AgCredit specializes in providing financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 to agricultural based businesses. American AgCredit has more than 85 years experience serving this market and today has fifteen (15) branches located across the state of California. American AgCredit understands the challenges that farmers and ranchers face. American AgCredit offers a full range of loan products including; real estate loans, construction loans, equipment loans and leases, lines of credit, accounts receivables accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying  and operating loans. For more information, call (800) 800-4865 or visit www.agloan.com

About EastPoint Technologies

EastPoint Technologies is a privately held company privately held company

A firm whose shares are held within a relatively small circle of owners and are not traded publicly.
 that offers core-processing solutions to farm credit associations, community banks and finance companies located through out the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . The EastPoint Enterprise Banking System is a comprehensive, fully integrated solution that combines an IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  pSeries platform with a Sybase Relational database relational database

Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple.
 and operating in Microsoft Windows See Windows.

(operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then.
(R) environment. The EastPoint solution can be operated In-house or through the company's Application Service Provider (ASP) service. For more information or to schedule a demonstration of the EastPoint solution, call 603-669-8552 or visit www.eastpoint.com.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 21, 2004
Words:437
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