Bank of Stockton Chooses Fiserv CBS Worldwide's Open Technology; Forward-Thinking Bank to Maximize Technology Advantage.LAKE MARY Lake Mary may refer to:
According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Douglass Eberhardt, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Bank of Stockton, no single factor swung the decision toward CBS Worldwide, but rather an overall favorable comparison with the competition. "We organized a team internally and evaluated each of the RFPs we received. Each application was rated and when we were through with that process, CBS Worldwide was the one left standing," Eberhardt said. "A major factor was CBS' ability to allow us to continue to use our third-party applications in conjunction with the core application." Bank of Stockton has licensed a comprehensive technology solution that includes the CBS core system, Desktop teller and platform system, CBS Collections, CAMplus for commercial analysis, Loan Origination, Intervoice voice response unit and Vision Solution's Managed Availability software. Greg Green, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of CBS Worldwide, said the opportunity to be a partner to such a technologically forward organization is very gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. . "Bank of Stockton is one of the most innovative consumers of technology in their market space," Green said. "They have a vision regarding technology and that is enormously helpful as we roll out new products and services. We firmly believe this technology partnership will greatly benefit both the Bank of Stockton and us." Bank of Stockton was established in 1867, just two years after the Civil War. Today, more than 137 years later, Bank of Stockton is the oldest bank in California still operating under its original charter, offering some of the most innovative and unique banking services available. Bank of Stockton has 15 branch locations in the contiguous market areas of Stockton, Lodi Lodi, city, Italy Lodi (lô`dē), city (1991 pop. 42,250), Lombardy, N Italy, on the Adda River, near Milan. It is an important dairy and light industrial center. , Tracy, Ripon, Manteca, Pine Grove, Angels Camp and Modesto. Headquartered in Stockton, California, the $1.8 billion asset institution is under the leadership of its eighth President, Douglass M. Eberhardt, who has maintained its reputation for strength, stability, quality service and innovative banking technologies. Bank of Stockton also is an integral part of the communities it serves, donating more than $1.6 million back into branch areas in the form of annual donations. CBS Worldwide is a unit of Fiserv, Inc., and is a leading financial information systems provider serving the global marketplace. More than 200 commercial banks, private banks, finance houses, building societies, credit unions, thrifts, and diversified financial companies use Fiserv CBS technology. Fiserv CBS Worldwide is on the Internet at www.fiservcbs.com. Fiserv, Inc. (Nasdaq:FISV) provides industry leading information management systems and services to the financial industry, including transaction processing, outsourcing, business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in and software and systems solutions. The company serves more than 15,000 clients worldwide, including banks, broker-dealers, credit unions, financial planners/investment advisers, insurance companies and agents, self-funded employers, lenders and savings institutions. Headquartered in Brookfield, Wisconsin, Fiserv reported $2.7 billion in processing and services revenues for 2003. Fiserv can be found on the Internet at www.fiserv.com. |
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