Jack Henry & Associates Inc. has announced that CornerStone State Bank has selected its Banking's Core Director core-processing system to provide enterprise-wide automation.
According to a news release from Jack Henry, the Minnesota-based bank, which has more than $95 million in assets, will implement Core Director in-house. Chad Olness, president of CornerStone State Bank, says technology is a focus for the bank:
Technology is a key component in a bank's ability to continually enhance the levels of service and convenience it delivers, aggressively and successfully compete, increase profitability and operating efficiencies and contain operating costs. After a strategic evaluation of our current and long-term technology requirements, we evaluated multiple technology platforms and companies with several fundamental goals. We wanted to streamline our operations and the ongoing support process with a single vendor relationship. We wanted a technology partner that has a large and loyal customer base. We wanted to improve operating efficiencies and reduce our silos of technology with a fully integrated technology platform. And we wanted a core system that has the vendor's long-term commitment. We believe we met each of these goals and can support our aggressive technology plan and high expectations through our technology partnership with Jack Henry Banking and the operating infrastructure based on Core Director.
Core Director is a Windows-based, client/server system that provides banks ranging from de novo institutions to those with assets exceeding $2 billion with enterprise-wide automation. The system leverages the industry's most cost-efficient operating platform, can be installed in-house or implemented through Jack Henry Banking's OutLink Data Centers and is fully integrated with more than 50 complementary products and services.
Core Director provides intuitive point-and-click operation and customizable functionality and supports user preferences and functional requirements with an extremely flexible browser user interface that can be easily customized and continually modified for every system user.
