News and Updates:
January 2008
Financial Services, Inc. (FSI) Signs up
Five Banks for its new Director Access Portal
GLEN ROCK, NJ - Financial Services, Inc. (FSI), a leading provider of quality data processing, item processing, and Internet services to financial institutions, recently signed up Haven Savings Bank of Hoboken, NJ, Shore Community Bank of Toms River, NJ, Highlands State Bank of Vernon, NJ, Crest Savings Bank of Wildwood, NJ, and Berkshire Bank of Wyomissing, PA, for its new Director Access board portal powered by CoreShare™.
Haven Savings Bank has six branches and holds $674.8 million in assets, Shore Community Bank has four branches and holds $190.7 in assets, Highlands State Bank has one location and holds $39.6 million in assets, Crest Savings Bank has seven branches and holds $321 million in assets and Berkshire Bank has five branches and holds $97.7 million in assets.
Director Access provides a secure, convenient online portal for busy board members and executives to access confidential documents and time-sensitive information any time, anywhere. Director Access also tracks and archives user information, providing an audit trail in accordance with the Sarbanes-Oxley act and other regulatory requirements.
Jay Ford, President of Crest Savings Bank, says, "We couldn't be more pleased with FSI's Director Access product. Directors and management alike appreciate its security and the fact that it can be used by everyone, including those who are not very computer savvy. It's also a great time and money saver."
George E. Irwin, President of Highlands State Bank, says, "My assistant raves about it - we have made her job so much easier. It has really helped with organization and tracking and has freed up her time to work on other projects."
Director Access provides:
· A confidential, internal messaging system for board members
· A secure central repository for all current and archived board documents
· E-mail notifications and alerts with single click access to updated materials
· Best of breed, two-factor authentication system to ensure secure, controlled
access to information
· The ability to comment on and track the access and routing of information
· Distribution and archiving of board minutes, loan packages and business plans
for review and approval of board members
· Updated calendar with listings of upcoming meetings and events
· Centralized address book/ contacts listings
FSI is one of the largest independently owned service providers to the banking industry and has been creating customized, turnkey banking solutions since 1954. In addition to FSI's headquarters in Glen Rock, NJ, the Company opened an Item Processing and Disaster Recovery Services Center in Mount Laurel to enable FSI to service South Jersey, the Philadelphia area, eastern Pennsylvania and Delaware.
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