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Coastal Bancorp, Inc. selects SRC Software's Advisor Series for Budgeting and Financial Reporting.


Business Editors

PORTLAND, Ore.--(BUSINESS WIRE)--Aug. 3, 2001

SRC (SouRCe) Contrast with DST, which is an abbreviation of "destination."  Software, a top provider of enterprise budgeting and financial reporting solutions, today announced that Coastal Bancorp, Inc. will be implementing SRC's Advisor Series(TM). As of December 31, 2000, Coastal had total assets of approximately $3.1 billion and total deposits of approximately $1.7 billion with 50 branch offices in 33 cities throughout Texas, including Houston, Austin, Corpus Christi Corpus Christi, in Christianity
Corpus Christi [Lat.,=body of Christ], feast of the Western Church, observed on the Thursday after Trinity Sunday (or on the following Sunday).
, the Rio Grande Rio Grande, city, Brazil
Rio Grande (rē` grän`dĭ), city (1991 pop.
 Valley and smaller cities in the southeast quadrant quadrant, in analytic geometry
quadrant.

1 In analytic geometry, one of the four regions of the plane determined by two lines, the x-axis and the y-axis.
 of the state. SRC's Advisor Series will provide Coastal Bancorp, Inc. with flexible and sophisticated budgeting and financial reporting capabilities.

SRC Software develops, markets and supports the Advisor Series, a suite of 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
 and analytic products consisting of the Budget Advisor(TM) for detailed budgeting; the Payroll Planner(TM) for employee-level payroll budgeting; and the Information Advisor(TM) for consolidations and reporting. An established presence in the financial planning market, SRC currently has over 1200 installations and thousands of users worldwide. For more information please contact SRC Software at 1-800-544-3477 or visit their web site at www.srcsoftware.com.
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Publication:Business Wire
Date:Aug 3, 2001
Words:181
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