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Wis.-based Peoples State Bank signs with Jack Henry for enterprise automation
January 12, 2010
Jack Henry & Associates Inc. has signed Wausau, Wis.-based Peoples State Bank (approximately $600 million in assets ) for its SilverLake core processing system, which will provide enterprise-wide automation for the bank.
Peter Knitt, president and CEO of Peoples State Bank, says in a news release that the relationship with Jack Henry Banking will help the bank improve its internal processes.
"After thoroughly evaluating our current in-house system, we began investigating the leading technology providers and platforms to enhance our capabilities," Knitt said. "We narrowed our search to two vendors and participated in multiple product presentations, contacted a long list of references and visited banks using the respective technology solutions and the companies' headquarters. Jack Henry differentiated itself throughout the evaluation, and the banks utilizing their technology validated the company's product and service claims."
In addition to SilverLake, Peoples State Bank says it will implement an array of Jack Henry Banking's solutions, including the ArgoKeys DepositKeys for account opening and administration solution; the Vertex Teller Automation System; the Synapsys sales-force automation solution; NetTeller Online Banking; NetTeller Cash Management; the NetTeller Bill Pay electronic bill-payment solution; the goDough mobile banking solution; the Electronic Statements–Interactive solution; the InTouch Voice Response telephone banking solution; the Cognos 8 BI report generation solution; the Yellow Hammer BSA compliance and risk mitigation solution; the Bounce Protection overdraft privilege solution; the 4|sight Item Imaging platform; components of the modular Synergy Enterprise Content Management solution; the jhaPassPort ATM and debit card solutions; the Intellix Consulting operational assessment service; and the ECS Document Capture Service, which provides turnkey back file document scanning.
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