Katahdin Trust Company of Houlton, Maine, has chosen the Premier bank platform from financial technology provider Fiserv. The FI also has selected a comprehensive set of additional services from Fiserv, such as its Popmoney person-to-person payments product, CheckFree bill payments service and Mobiliti mobile banking product.
"Bringing leading-edge technology under one Fiserv umbrella will help us to create new efficiencies throughout our organization, remain competitive and improve our bottom line," said Jon Prescott, president and CEO of Katahdin Trust Company.
"Just like consumers and businesses across the country, our customers want the latest technology. With Fiserv, we will be positioned not only to provide state-of-the-art products and services that are available now, but also to anticipate and deliver the technological innovations still on the horizon."
Katahdin Trust Company, a rural financial institution, must rely on technology to make business banking easier, Fiserv said. That makes the services provided by Fiserv, which improve Katahdin's offerings, even more important.
"Fiserv offers Katahdin Trust Company and other financial institutions like it new opportunities for innovation, increased efficiencies and continued growth," said Teri Carstensen, president of bank solutions at Fiserv.
"By partnering with Fiserv, the bank joins our continually growing list of successful clients that rely on Fiserv to help deliver the products, services and delivery channels that consumers have come to expect from banks of all sizes."
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