Columbia Bank Selects P&H Web Cash Manager Suite's Full Line of Business Banking Products.Business Editors NEWTON, Mass.--(BUSINESS WIRE)--June 10, 2004 Politzer & Haney announces that Columbia Bank of Tacoma, Washington has selected the P&H Web Cash Manager Suite to provide a full menu of cash management services for its corporate banking and small business customers. By offering several Web Cash Manager modules for Batch and Real-time Reporting, ACH (Automated Clearing House) A system of the U.S. Federal Reserve Bank that provides electronic funds transfer (EFT) between banks. It is used for all kinds of fund transfer transactions, including direct deposit of paychecks and monthly debits for routine payments to , Wire, Positive Pay and Real-time Inquiry, Columbia Bank will be able to replace its existing business applications and expand its line of banking products to serve a wider range of business banking customers. "We chose P&H for its breadth of functionality and its expertise in integrating with Metavante and other third-party systems," says Mary Ann Haglund, Vice President - Manager, Cash Management at Columbia Bank. "With the Web Cash Manager Suite we have the tools to help us provide innovative, flexible products and services to our business community, and the ability to bring those products to market quickly. Working with P&H helps make us a strong competitor in the business banking marketplace." 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. Paul Savage Paul Savage is a Scottish Musician and Record producer, best known for being the drummer in the Scottish indie rock group The Delgados. Early life Savage was born in Glasgow in January 1971. As a child he grew up in the United States before returning to Scotland in 1983. , P&H VP of Community and Regional Bank Sales, P&H's extensive experience with host system integration makes it a valuable partner for financial institutions who are implementing real-time interfaces in order to provide a variety of services. "The advanced design of our host integration system and our proven outsourcing (1) Contracting with outside consultants, software houses or service bureaus to perform systems analysis, programming and datacenter operations. Contrast with insourcing. See netsourcing, ASP, SSP and facilities management. solution allow financial institutions to get their customers up-and-running efficiently in a minimal amount of time, saving costs and increasing their ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). . We look forward to working with Columbia Bank to offer its customers the highest quality banking products and services." About Columbia Bank Columbia Bank is a state-chartered full-service commercial bank headquartered in Tacoma, Washington, with assets of $1.8 billion. Columbia Bank serves small and medium sized businesses, professionals and individuals through 34 banking offices located in western Washington
Western Washington is a region of the United States defined as that part of Washington west of the Cascade Mountains. . It is wholly owned by Columbia Banking System, Inc., a publicly traded registered bank holding company. Additional information can be found at www.columbiabank.com. About P&H Web Cash Manager Suite The P&H Web Cash Manager Suite is the industry-leading web-based corporate cash management system. It allows financial institutions of all sizes to uniquely package products and services for different markets, or even individual customers, from a single flexible platform. Financial institutions can choose from over 60 different modules for the smallest SOHO Soho (sōhō`, sə–), district of Westminster, London, England, known for its continental restaurants. Once a fashionable quarter, it became popular among writers and artists in the 19th cent. client up to the largest corporate client. The P&H Web Cash Manager Suite also provides an infrastructure for integrating other products and services offered by financial institutions. About Politzer & Haney With over 120 financial institutions in production with its Web Cash Manager suite and 20 years of industry experience, Politzer & Haney is the market leader in adding demonstrative LEGACY, DEMONSTRATIVE. A demonstrative legacy is a bequest of a certain sum of money; intended for the legatee at all events, with a fund particularly referred to for its payment; so that if the estate be not the testator's property at his death, the legacy will not fail: but be payable value to the business banking relationship. P&H is customer- and banking-focused, with a strong commitment to helping financial institutions meet their strategic cash management objectives by delivering the most robust application suite in the industry. Industry analyst Celent Communications has ranked Politzer & Haney as the number one cash management vendor for three years in a row. P&H customers range from the largest financial institutions, such as AmSouth, Bank One, Citibank, City National Bank, J.P. Morgan Chase, M&T, Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , Sovereign Bank, and Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. , to credit unions and smaller regional financial institutions. Politzer & Haney is headquartered in Newton, Massachusetts The City of Newton in Middlesex County, Massachusetts, is an important residential suburb of Boston, which abuts it on the east. According to the 2000 census, the population of the Newton was 83,829, making it the tenth largest city in the state. , with offices in nine other states. Additional information can be found at www.ph.com, or by calling 617-796-7700. P&H and P&H Web Cash Manager Suite are trademarks of Politzer & Haney, Inc. |
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