News

Frandsen Financial signs technology deal with Fiserv

June 16, 2005

LINCOLN, Neb. - Arden Hills, Minn.-based Frandsen Financial Corp., an $850 million holding company, has named Information Technology Inc., a division of Fiserv Inc., its new banking technology partner, according to a news release.

"As the final decision-maker, the turning point for me was that ITI's Premier banking software is not only serving organizations our size very well, but it's also deployed in financial institutions much larger than ours," said Rich Hoban, Frandsen Financial president and chief operating officer. "It's a mature system that has what we need now and what we'll need when we acquire more banks and grow internally."

ITI delivers openly integrated software and services. Available for both in-house and outsourced environments, Premier offers products for most banking functions, including Internet banking, imaging and document management, executive intelligence, relationship management, branch automation and core accounting - all available on Unisys and IBM hardware platforms.