Citizens Banking Corporation Systems Successfully Advanced to Year 2000.Business Editors FLINT flint, mineral flint, variety of quartz that commonly occurs in rounded nodules and whose crystal structure is not visible to the naked eye. Flint is dark gray, smoky brown, or black in color; pale gray flint is called chert. , MI--(BUSINESS WIRE)--Jan. 1, 2000 Citizens Banking Corporation today reported that their computer systems successfully advanced into the Year 2000 as expected. The bank's ATMs, networks, and telecommunications Communicating information, including data, text, pictures, voice and video over long distance. See communications. systems are operating normally and the company's banking offices will be open for business on Monday, January 3, 2000. As part of its Year 2000 project plan, Citizens Bank installed its Year 2000 ready systems in December 1998. The bank has been using its Year 2000 ready systems since that time. During the first quarter of 1999 the bank's systems were evaluated in Year 2000 test environments to determine their ability to handle Year 2000 processing. 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. Valerie Jemerson, Citizens Bank's Year 2000 Communication Coordinator, during the early hours and throughout the day on Saturday, January 1, 2000 the company's computer software and hardware systems were checked and verified. Additional system monitoring A System Monitor (SM) is a process within a distributed system for collecting and storing state data. There are many issues involved with designing and implementing a system monitor. and verification will continue into next week. Citizens Banking Corporation is a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services company providing a full range of commercial, consumer, mortgage banking, trust, and financial planning Financial planning Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against services to a broad client base. Citizens has more than $7.6 billion in assets and operates more than 220 banking offices and more than 240 ATMs through its community banks: Citizens Bank in Michigan, Citizens Bank-Illinois, N.A., and F&M Bank in Wisconsin, Iowa, and Minnesota. For more news and information about Citizens Bank, visit www.cbClientsFirst.com. This statement is a Year 2000 readiness disclosure. NOTE TO EDITORS: Valerie Jemerson may be reached for comment at 517/887-8481 on January 1 and 2. |
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