Community Banking Systems Selected by Bridge Community Bank to Provide Merchant Capture Capabilities; Remote Deposit Solution Enables Bank to Better Meet Business Customer Time Restraints.DALLAS -- Community Banking Systems (CBS (Cell Broadcast Service) See cell broadcast. ), a provider of check imaging products and services for community financial institutions, was selected by Bridge Community Bank to implement CBS' Deposit 21 merchant capture solution. Bridge Community Bank uses Deposit 21 to enable businesses to make bank deposits directly from their office by using imaged and transmitted files. 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. Bridge Community Bank officials, the bank needed a way to meet unique deposit needs of its business customers. The bank wanted to cater to businesses with a small number of employees that may not have the staff available to drive to the bank to deposit checks during regular banking hours banking hours npl → heures fpl d'ouverture des banques banking hours npl → Schalterstunden pl banking hours npl . CBS' Deposit 21 remote depositing solution allows Bridge Community Bank to add services to its business customers by offering remote deposit as well as extended deposit deadlines. "Through the use of merchant capture, our business customers do not have to make the effort to deposit their checks on the bank premises," said Bob Steen, 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 Bridge Community Bank. "With merchant capture, Bridge Community Bank customers do not have to conform to Verb 1. conform to - satisfy a condition or restriction; "Does this paper meet the requirements for the degree?" fit, meet coordinate - be co-ordinated; "These activities coordinate well" our schedule in order to bank with us. Community Banking Systems has enabled us to provide enhanced services Enhanced service is service offered over commercial carrier transmission facilities used in interstate communications, that employs computer processing applications that act on the format, content, code, protocol, or similar aspects of the subscriber's transmitted information; to our business customers." "Bridge Community Bank is at the forefront of the technology curve by offering a merchant capture solution, and their business customers benefit from having this solution in place," said Sean Pennock, president of Community Banking Systems. "Having worked with community financial institutions for the past six years, we understand what they need to remain competitive with the larger banks and their peer banks, and, as such, our focus is on continuing to develop products and services to meet those needs. Our license to use the DataTreasury patent has enabled us to provide community banks with the technology and services they need to meet the demands of their customers." Portions of check imaging technology are protected by U.S. Patent Nos. 5,910,988 and 6,032,137, held by DataTreasury Corporation (DTC DTC See: Depository Transfer Check DTC See: Depository Trust Company DTC See Depository Trust Company (DTC). ). DTC patents were issued in 1999 and 2000 for image capture, centralized processing Processing performed in one computer or in a cluster of coupled computers in a single location. Centralized processing evolved from the computers in the 1960s, which were stand-alone with all input and output in the same room. and electronic storage of document and check information. Currently, it is the subject of a series of high-profile patent-infringement lawsuits DataTreasury has filed against a number of banks and financial-services companies. Through Community Banking System's patent license agreement with DataTreasury, CBS' bank and credit union customers are protected from any legal implications associated with the patent. About Bridge Community Bank Founded in 1903, Bridge Community Bank is a full service bank with locations in Mount Vernon Mount Vernon, estate, United States Mount Vernon, NE Va., overlooking the Potomac River near Alexandria, S of Washington, D.C.; home of George Washington from 1747 until his death in 1799. and Mechanicsville, Iowa Mechanicsville is a city in Cedar County, Iowa, United States. The population was 1,173 at the 2000 census. Mechanicsville was named after the first four settlers whom were mechanics. Geography Mechanicsville is located at (41. . The bank offers loans of all types including home loans, home equity lines of credit, commercial, agricultural and personal loans. Bridge Community Bank's two locations also offer personal and business checking accounts, savings, IRA's money market accounts and trust services. For more information, visit www.bankatbridge.com. About Community Banking Systems Dallas-based Community Banking Systems (CBS) employs the most advanced back office imaging technology built solely and specifically for community banks. With a unique combination of technology and process improvement expertise, CBS helps banks improve their customer service and reduce costs by streamlining their imaging operations. Commitment to the independent bank is reflected in the quality of customer care, the industry experience of the CBS team, the design of Community Banking Systems software products and the implementation of CBS services. For more information, visit www.combanksys.com. |
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