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Devon Bank and IBT Celebrate 29 Years of a Successful Partnership.


Bank stays on forefront with software and support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  from technology vendor

CHICAGO -- Integrated Bank Technology (IBT (1) (Instructor Based Training) Training courses conducted by human teachers.

(2) (Internet Based Training) Training courses provided via the Internet.
), a company that specializes in providing core processing and imaging software applications for in-house and ASP environments for financial institutions across the country and provides 24/7 support services, announced that it recently celebrated 29 years of successful partnership with Chicago area-based Devon Bank. Devon Bank is an original customer of MICR (Magnetic Ink Character Recognition) The machine recognition of numeric data printed with magnetically charged ink. It is used on bank checks and deposit slips. MICR readers detect the characters and convert them into digital data.  Resource Management (MRM MRM Marketing Resource Management
MRM Mobile Resource Management
MRM Metabolic Response Modifiers
MRM Multiple Reaction Monitoring (mass spectrometry)
MRM Mormonism Research Ministry
MRM Mechanically Recovered Meat
), which was acquired by IBT in 2008. The bank remained with the company and expanded the relationship with a successful technology implementation in 2008.

"We had a long history with MRM, so when the company was acquired by IBT we saw it as an opportunity to expand our relationship and take advantage of the innovative technology," Dan Loundy, vice president at Devon Bank, explained. "The size of the company works well for us because the management team is very responsive and we have been able to develop a close partnership over the years."

In 2008 the bank opened a green branch that features six wind turbines and 53 solar panels. Devon Bank is currently producing 40 percent of its own energy at the branch and plans to apply for Leadership in Energy and Environmental Design The Leadership in Energy and Environmental Design (LEED) Green Building Rating System, developed by the U.S. Green Building Council, provides a suite of standards for environmentally sustainable construction.  (LEED) certification soon. IBT helped the bank reduce paper in the branch with the installation of Integrated Image Teller TELLER. An officer in a bank or other institution. He is said to take that name from tallier, or one who kept a tally, because it is his duty to keep the accounts between the bank or other institution and its customers, or to make their accounts tally. , a solution that replaces internal paperwork with "virtual tickets" and electronic archiving.

"IBT has been on the leading edge of technology because it has the flexibility to recognize where the industry is going and can quickly adjust to meet those needs," Loundy added. "Whether we identify a technology that will benefit the bank or IBT provides the recommendation, the company always gets us to the forefront of community banking technology."

"I have worked with Devon Bank since my former position at MRM and we truly value the trust that the bank has placed in us over the years to help it continuously increase efficiency and improve customer service," Mike Golebiowski, president of IBT, added. "Devon Bank and IBT both have a commitment to technology innovation and we have built a successful partnership on bringing new ideas to the banks' customer."

About Integrated Bank Technology

Cedar Park Cedar Park could refer to
  • Cedar Park, Philadelphia, a neighborhood in Philadelphia, Pennsylvania
  • Cedar Park, Seattle, Washington, a neighborhood in Seattle, Washington
, Texas-based Integrated Bank Technology (IBT) specializes in providing core processing and imaging and Check 21 software applications under a single data base for in-house and ASP environments for financial institutions across the country and provides 24/7 support services. The company focuses on innovation, showcased in Integrated Bank Environment (IBE IBE International Bureau of Education
IBE Internet Booking Engine
IBE Institut für Medizinische Informationsverarbeitung, Biometrie Und Epidemiologie (LMU, Muenchen, Germany)
IBE Ion Beam Etching
), its flagship product A primary product of a company, which is typically why the company was founded and/or what made it well known. For example, MS-DOS, Windows and the Microsoft Office suite have been flagship products of Microsoft. CorelDRAW is a flagship product of Corel Corporation. . IBE is a robust software application with a single database that is designed to enhance a financial institution's overall customer experience while making the cost of ownership affordable.

For more information, visit www.iBankTech.net.
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Publication:Business Wire
Date:Jun 10, 2009
Words:460
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