The Farmers Bank of Lincoln, Missouri, recently partnered with Computer Services, Inc. (CSI) (OTCQX: CSVI) because of CSI’s demonstrated longevity, stability, and financial strength.
Farmers Bank of Lincoln (Farmers Bank) opened its doors on January 11, 1890, and since that day the bank has remained grounded in its mission to provide a level of service that encourages customers to recommend the bank to their friends and relatives. When the bank began looking for a new data processor, the staff focused on a processor that could help the bank cater to a growing market.
“We have been impressed by everything from CSI’s extensive line of products and services to the company’s customer-focused officers and staff,” said Steve Kroenke, President of Farmers Bank. “CSI has demonstrated a hands-on approach to the conversion process, and I am confident that the company’s coordinated approach to customer service will maximize our efficiency and enhance our ability to serve our customers’ needs.”
“As the oldest bank in its market, Farmers Bank of Lincoln values the stability and reliability CSI can offer,” said Andy Burkett, CSI Vice President of Sales. “CSI is proud to offer Farmers Bank the technologies it needs to continue serving a growing customer base. We are also honored to partner with a bank that shares CSI’s commitment to customer service.”
Tuesday, November 30, 2010
Thursday, November 11, 2010
Wesco Manufacturing Selects ATTUS for Watch List Compliance
ATTUS Technologies, Inc, developer of the advanced watch list screening solution WatchDOG® Pro, today announced it will provide Wesco Manufacturing, Inc. with a comprehensive watch list compliance system for its military and commercial equipment supplies and support services trade.
Wesco Manufacturing is a U.S. Armed Forces and NATO approved defense contractor. It specializes in providing state of the art military and commercial equipment and support services to defense forces around the globe. In today’s world, this industry requires thorough and reliable compliance solutions to ensure that its products do not get into the hands of rogue nations or terrorists organizations.
"ATTUS is proud to welcome its newest client, Wesco Manufacturing,” said Tom Fedell, president and CEO of ATTUS Technologies, Inc. “As a company in the military supplies market, they understand their responsibilities and are firmly committed to compliance and the security of the United States.”
WatchDOG® Pro provides Wesco with the necessary tools to fulfill its commitment, including compliance with Department of Homeland Security requirements, the Office of Foreign Assets Control’s (OFAC) sanctioning programs and export regulations issued by the Bureau of Industry and Security (BIS).
There are dozens of watch lists that clients can cross check via WatchDOG® Pro. It is the ideal solution for military suppliers like Wesco, as well as all businesses in the export/import industry who, at a minimum under U.S. law, are responsible for scanning the BIS list, the OFAC Specially Designated Nationals (SDN) list, and the OFAC Sanctioned Countries list.
“We pride ourselves on delivering the highest quality military components and support services to clients that meet U.S. regulatory requirements for international trade,” said Rita M. Vitali, Import/Export Compliance Officer of Wesco Manufacturing, Inc. “WatchDOG® Pro was the obvious choice for our needs. It’s complete yet simple to use. Within minutes, we now confidently check a company or individual for a watch list match, pull a report showing the results, save a
record of that check onto our system and our compliance is fulfilled.”
WatchDOG® Pro clients enjoy a single, customizable solution that takes care of all of their U.S. and international watch list compliance needs. The web-based system simultaneously cross checks single customer transactions or an entire database against applicable watch lists. Its advanced name search algorithm detects subtleties that otherwise might go unnoticed by manual or other automated processes.
“Wesco wanted an affordable, user friendly and comprehensive watch list solution that included extensive report capabilities,” added Mr. Fedell. “It might sound like a tall order, but WatchDOG® Pro gives them that and more. With the click of a button, they can fulfill their watch list screening or generate comprehensive reports for a complete audit trail of their compliance.”
Wesco Manufacturing is a U.S. Armed Forces and NATO approved defense contractor. It specializes in providing state of the art military and commercial equipment and support services to defense forces around the globe. In today’s world, this industry requires thorough and reliable compliance solutions to ensure that its products do not get into the hands of rogue nations or terrorists organizations.
"ATTUS is proud to welcome its newest client, Wesco Manufacturing,” said Tom Fedell, president and CEO of ATTUS Technologies, Inc. “As a company in the military supplies market, they understand their responsibilities and are firmly committed to compliance and the security of the United States.”
WatchDOG® Pro provides Wesco with the necessary tools to fulfill its commitment, including compliance with Department of Homeland Security requirements, the Office of Foreign Assets Control’s (OFAC) sanctioning programs and export regulations issued by the Bureau of Industry and Security (BIS).
There are dozens of watch lists that clients can cross check via WatchDOG® Pro. It is the ideal solution for military suppliers like Wesco, as well as all businesses in the export/import industry who, at a minimum under U.S. law, are responsible for scanning the BIS list, the OFAC Specially Designated Nationals (SDN) list, and the OFAC Sanctioned Countries list.
“We pride ourselves on delivering the highest quality military components and support services to clients that meet U.S. regulatory requirements for international trade,” said Rita M. Vitali, Import/Export Compliance Officer of Wesco Manufacturing, Inc. “WatchDOG® Pro was the obvious choice for our needs. It’s complete yet simple to use. Within minutes, we now confidently check a company or individual for a watch list match, pull a report showing the results, save a
record of that check onto our system and our compliance is fulfilled.”
WatchDOG® Pro clients enjoy a single, customizable solution that takes care of all of their U.S. and international watch list compliance needs. The web-based system simultaneously cross checks single customer transactions or an entire database against applicable watch lists. Its advanced name search algorithm detects subtleties that otherwise might go unnoticed by manual or other automated processes.
“Wesco wanted an affordable, user friendly and comprehensive watch list solution that included extensive report capabilities,” added Mr. Fedell. “It might sound like a tall order, but WatchDOG® Pro gives them that and more. With the click of a button, they can fulfill their watch list screening or generate comprehensive reports for a complete audit trail of their compliance.”
Monday, October 25, 2010
ATTUS WatchDOG Pro to Facilitate Trek Bicycle's Export Watch List Screening Compliance
Trek Bicycle, a major U.S. exporter, has selected ATTUS Technologies Inc., maker of the industry leading watch list solution - WatchDOG® Pro, to facilitate its import/export compliance screening requirements.
As one of the largest bicycle manufacturers in the world, Wisconsin-based Trek exports its products to over 100 countries around the world. All of its exports are subject to a multitude of U.S. compliance laws and regulations designed to maintain the safety and security of the U.S., its citizens and its economy.
All U.S. businesses, regardless of their industry or size, are subject to the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioning program. In addition, exporters such as Trek are also subject to the laws and regulations of the US Customs and Border Protection (CBP) and the Bureau of Industry and Security (BIS).
“A solution like WatchDOG® Pro allows Trek to choose the watch lists relevant and required for their specific business and then simultaneously cross check their entire database or a single transaction against those lists,” said Tom Fedell, president and CEO of ATTUS Technologies, Inc. “That gives Trek an enormous amount of control over their screening process, as well as the confidence that they are maintaining full compliance with OFAC, CBP and BIS.”
WatchDOG® Pro uses an advanced name search algorithm. Developed by the technology experts at ATTUS, this cutting edge functionality generates more precise results which gives its users greater assurance of the accuracy of its positive matches and less false positive matches to investigate. Pro’s easy-to-use navigation and web-based platform make it possible for any assigned Trek employee to quickly and accurately maneuver its sophisticated technology in order to complete the company’s watch list screening compliance obligations.
“Being able to process our international shipping faster and more efficiently is going to improve our delivery to our customers, and ultimately our global business. This program is a huge logistical step for us,” said Jody Swentik, International Logistics Manager and Licensed Customs Broker of Trek Bicycles.
“Trek is well known for its stewardship of the environment for such feats as being the first Wisconsin manufacturer to switch to renewable electric power,” added Fedell. “Its desire to better fulfill its compliance obligations through WatchDOG® Pro is just one more sign of its commitment to being an excellent corporate citizen by protecting the U.S. economy from sanctioned individuals, entities or countries.”
As one of the largest bicycle manufacturers in the world, Wisconsin-based Trek exports its products to over 100 countries around the world. All of its exports are subject to a multitude of U.S. compliance laws and regulations designed to maintain the safety and security of the U.S., its citizens and its economy.
All U.S. businesses, regardless of their industry or size, are subject to the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioning program. In addition, exporters such as Trek are also subject to the laws and regulations of the US Customs and Border Protection (CBP) and the Bureau of Industry and Security (BIS).
“A solution like WatchDOG® Pro allows Trek to choose the watch lists relevant and required for their specific business and then simultaneously cross check their entire database or a single transaction against those lists,” said Tom Fedell, president and CEO of ATTUS Technologies, Inc. “That gives Trek an enormous amount of control over their screening process, as well as the confidence that they are maintaining full compliance with OFAC, CBP and BIS.”
WatchDOG® Pro uses an advanced name search algorithm. Developed by the technology experts at ATTUS, this cutting edge functionality generates more precise results which gives its users greater assurance of the accuracy of its positive matches and less false positive matches to investigate. Pro’s easy-to-use navigation and web-based platform make it possible for any assigned Trek employee to quickly and accurately maneuver its sophisticated technology in order to complete the company’s watch list screening compliance obligations.
“Being able to process our international shipping faster and more efficiently is going to improve our delivery to our customers, and ultimately our global business. This program is a huge logistical step for us,” said Jody Swentik, International Logistics Manager and Licensed Customs Broker of Trek Bicycles.
“Trek is well known for its stewardship of the environment for such feats as being the first Wisconsin manufacturer to switch to renewable electric power,” added Fedell. “Its desire to better fulfill its compliance obligations through WatchDOG® Pro is just one more sign of its commitment to being an excellent corporate citizen by protecting the U.S. economy from sanctioned individuals, entities or countries.”
Tuesday, October 19, 2010
ATTUS to Provide BIS Trade Compliance to Progressive International
Progressive International Corporation, the kitchenware manufacturer and exporter, today announced it will employ ATTUS Technologies’ WatchDOG® Pro, the industry standard in advanced watch list screening, to fulfill its BIS trade compliance obligations.
Progressive International’s practical, inventive and fun kitchen gadgets and tools are sold domestically and internationally in Canada, Europe, South America and other international markets. As a U.S. based company, Progressive understands its duty to fulfill the Office of Foreign Assets Control (OFAC) watch list screening. It also knows that because it does business internationally it must comply with the myriad export laws and regulations issued by US Customs and Border Protection (CBP) and the Bureau of Industry and Security (BIS).
“We are thrilled to add Progressive International to the ranks of WatchDOG® Pro users,” said Tom Fedell, president and CEO of ATTUS Technologies, Inc. “Like many U.S. businesses, they are subject to a number of diverse, compliance obligations. WatchDOG® Pro provides them with a single, customizable solution that takes care of all of their compliance needs at once.”
WatchDOG® Pro is a web-based solution that uses an advanced, name search algorithm to simultaneously cross check a single customer transaction or an entire customer database against all applicable watch lists. ATTUS provides over twenty watch lists from which to choose, allowing its clients to select the right combination of watch lists for their business model. In Progressive’s case, WatchDOG® Pro will scan the BIS list, the OFAC Specially Designated Nationals (SDN) list, and the OFAC Sanctioned Countries list.
“We feel confident that we have our basis covered and it [WatchDOG® Pro] is so easy to use,” said Allison Elgar, Export Compliance Manager of Progressive International.
“Progressive told us they wanted WatchDOG® Pro because of its ease of use,” added Fedell. “The great thing about this product is that they didn’t have to exchange compliance totality to get that simplicity. By incorporating WatchDOG® Pro into each of their world-wide offices, Progressive can now be certain that they have a consistent, verifiable trade compliance system in place that satisfies U.S. Customs and the BIS.”
Progressive International’s practical, inventive and fun kitchen gadgets and tools are sold domestically and internationally in Canada, Europe, South America and other international markets. As a U.S. based company, Progressive understands its duty to fulfill the Office of Foreign Assets Control (OFAC) watch list screening. It also knows that because it does business internationally it must comply with the myriad export laws and regulations issued by US Customs and Border Protection (CBP) and the Bureau of Industry and Security (BIS).
“We are thrilled to add Progressive International to the ranks of WatchDOG® Pro users,” said Tom Fedell, president and CEO of ATTUS Technologies, Inc. “Like many U.S. businesses, they are subject to a number of diverse, compliance obligations. WatchDOG® Pro provides them with a single, customizable solution that takes care of all of their compliance needs at once.”
WatchDOG® Pro is a web-based solution that uses an advanced, name search algorithm to simultaneously cross check a single customer transaction or an entire customer database against all applicable watch lists. ATTUS provides over twenty watch lists from which to choose, allowing its clients to select the right combination of watch lists for their business model. In Progressive’s case, WatchDOG® Pro will scan the BIS list, the OFAC Specially Designated Nationals (SDN) list, and the OFAC Sanctioned Countries list.
“We feel confident that we have our basis covered and it [WatchDOG® Pro] is so easy to use,” said Allison Elgar, Export Compliance Manager of Progressive International.
“Progressive told us they wanted WatchDOG® Pro because of its ease of use,” added Fedell. “The great thing about this product is that they didn’t have to exchange compliance totality to get that simplicity. By incorporating WatchDOG® Pro into each of their world-wide offices, Progressive can now be certain that they have a consistent, verifiable trade compliance system in place that satisfies U.S. Customs and the BIS.”
Thursday, October 7, 2010
CSI Reports Record Results for Second Quarter Fiscal 2011
Computer Services, Inc. (CSI) (OTCQX: CSVI) today reported record revenues and record net income for the second quarter and six months ended August 31, 2010.
Second quarter revenues rose 12.7% to $41.9 million in fiscal 2011 compared with $37.2 million in the second quarter of fiscal 2010. Net income rose 19.1% to $6.2 million, and net income per diluted share increased 20.6% to $0.41 compared with the prior year’s second quarter.
“CSI’s record results benefited from organic growth across our major business segments and the contribution of the MSI acquisition completed as of October 1, 2009,” stated President and Chief Executive Officer Steven A. Powless. “This was our 26th consecutive quarter of revenue growth and highlights the resilience of our recurring fee-based revenue model and the largely non-discretionary nature of our products and services in this tough economy.
“Our sales growth rate has accelerated since last year due to the MSI acquisition. We remain positive about the continued opportunities to cross-sell MSI’s print and mail services, and its online document delivery solution. The MSI platform also improves our diversification of revenues while providing new customer markets for the potential to cross-sell other CSI services,” continued Mr. Powless.
See the full Release here.
Second quarter revenues rose 12.7% to $41.9 million in fiscal 2011 compared with $37.2 million in the second quarter of fiscal 2010. Net income rose 19.1% to $6.2 million, and net income per diluted share increased 20.6% to $0.41 compared with the prior year’s second quarter.
“CSI’s record results benefited from organic growth across our major business segments and the contribution of the MSI acquisition completed as of October 1, 2009,” stated President and Chief Executive Officer Steven A. Powless. “This was our 26th consecutive quarter of revenue growth and highlights the resilience of our recurring fee-based revenue model and the largely non-discretionary nature of our products and services in this tough economy.
“Our sales growth rate has accelerated since last year due to the MSI acquisition. We remain positive about the continued opportunities to cross-sell MSI’s print and mail services, and its online document delivery solution. The MSI platform also improves our diversification of revenues while providing new customer markets for the potential to cross-sell other CSI services,” continued Mr. Powless.
See the full Release here.
Wednesday, September 15, 2010
ATTUS Launches "Website Comply" for Financial Institutions
ATTUS Technologies Inc., the trusted compliance advisor to over 4,500 financial institutions and businesses nationwide, now applies its unparalleled regulatory expertise to websites through its Website Comply review service for financial institutions.
Website Comply is a comprehensive review of a financial institution’s compliance with all applicable website-related FFIEC guidelines and other regulatory standards, such as Unfair/Deceptive Acts or Practices (UDAP), privacy requirements under the Gramm-Leach-Bliley Act (GLBA), legal and copyright obligations, website-related aspects of specific federal regulations and many more.
Designed and conducted by ATTUS Risk and Information Security Consulting (RISC) Services, Website Comply includes an analysis of the financial institution’s overall website management in addition to the assessment of its compliance with specific regulatory requirements.
One of the main goals of Website Comply is to ensure that the financial institution’s website uses clear, conspicuous and accurate content that consumers can quickly and easily understand, and incorporate when making financial decisions. Another goal is to determine if the appropriate customer notices and required disclosures are triggered when called for by federal regulations.
“Even before the Dodd-Frank Wall Street and Consumer Protection Act became law, examiners were already keenly focused on consumer protection this year,” said Tom Fedell, president and CEO of ATTUS Technologies, Inc. “Dodd-Frank is only going to intensify that focus. As one of the business locations most frequented by consumers, an institution’s website is under significant scrutiny. We wanted to give financial institutions the necessary resources to meet and surpass that scrutiny.”
Each Website Comply review is client customized based on the complexity of the financial institution’s website and the specifics of its web content. Point-by-point analytics by the client’s RISC Services consultant identify any conflicts between the website’s content and federal regulations. It also ensures the web content is designed to accurately reflect the diverse and unique community served by the financial institution.
Website Comply also delivers a proactive mitigation strategy based on all of the review’s findings. “It’s not enough to just identify website-related compliance gaps,” added Fedell. “Financial institutions have so much on their plates right now and need someone to provide straightforward and sensible solutions to rectify those gaps. That’s what ATTUS does with Website Comply.”
Website Comply is a comprehensive review of a financial institution’s compliance with all applicable website-related FFIEC guidelines and other regulatory standards, such as Unfair/Deceptive Acts or Practices (UDAP), privacy requirements under the Gramm-Leach-Bliley Act (GLBA), legal and copyright obligations, website-related aspects of specific federal regulations and many more.
Designed and conducted by ATTUS Risk and Information Security Consulting (RISC) Services, Website Comply includes an analysis of the financial institution’s overall website management in addition to the assessment of its compliance with specific regulatory requirements.
One of the main goals of Website Comply is to ensure that the financial institution’s website uses clear, conspicuous and accurate content that consumers can quickly and easily understand, and incorporate when making financial decisions. Another goal is to determine if the appropriate customer notices and required disclosures are triggered when called for by federal regulations.
“Even before the Dodd-Frank Wall Street and Consumer Protection Act became law, examiners were already keenly focused on consumer protection this year,” said Tom Fedell, president and CEO of ATTUS Technologies, Inc. “Dodd-Frank is only going to intensify that focus. As one of the business locations most frequented by consumers, an institution’s website is under significant scrutiny. We wanted to give financial institutions the necessary resources to meet and surpass that scrutiny.”
Each Website Comply review is client customized based on the complexity of the financial institution’s website and the specifics of its web content. Point-by-point analytics by the client’s RISC Services consultant identify any conflicts between the website’s content and federal regulations. It also ensures the web content is designed to accurately reflect the diverse and unique community served by the financial institution.
Website Comply also delivers a proactive mitigation strategy based on all of the review’s findings. “It’s not enough to just identify website-related compliance gaps,” added Fedell. “Financial institutions have so much on their plates right now and need someone to provide straightforward and sensible solutions to rectify those gaps. That’s what ATTUS does with Website Comply.”
Tuesday, September 14, 2010
Twenty-five Computer Services, Inc. Clients Opt-in for Improved Forecasting and Compliance
The Computer Services Customer Conference (CSI) (OTCQX: CSVI) served as the occasion for BankersGPS to announce a trial opportunity for all client banks. Through the end of November, banks may use the forecast, competitive and risk features of BankersGPS at no charge.
“This year’s release of more rigid regulatory compliance in the areas of interest rate risk, liquidity and contingency funding means banks will come under more scrutiny in the long term,” said Joe Wheeler, VP and Senior Consultant of Plansmith Corporation. “We want to give all banks ample opportunity to choose the right solution risk free.”
BankersGPS is further incenting the user base to “login regularly, login often” by giving away iPads©. Bankers who are active users, attend free “how to” webinars and refer business earn entries into monthly drawings for the popular new tablet device. As a result of the promotion, twenty-five CSI clients were assigned user ID’s and passwords at the conference. “BankersGPS is a web based solution and allows for our partner to react quickly to our client needs without the necessity for implementation services and fees,” said Jason Young, CSI Product Marketing Manager.
All CSI clients are welcome and encouraged to participate in the free trial period. Please contact Jason Young at 1 800-545-4272, ext. 10362 or email him at jason.young@csiweb.com and he will arrange for an introductory demonstration for your client banks.
Computer Services, Inc. (CSI) has recently partnered with Plansmith to offer its customers additional software solutions to help manage performance and control risks. Plansmith Corporation is headquartered in the Northwest suburbs of Chicago, IL. BankersGPS is the newest addition to the Plansmith’s suite of planning and ALM products available to community banks, credit unions and thrifts.
“This year’s release of more rigid regulatory compliance in the areas of interest rate risk, liquidity and contingency funding means banks will come under more scrutiny in the long term,” said Joe Wheeler, VP and Senior Consultant of Plansmith Corporation. “We want to give all banks ample opportunity to choose the right solution risk free.”
BankersGPS is further incenting the user base to “login regularly, login often” by giving away iPads©. Bankers who are active users, attend free “how to” webinars and refer business earn entries into monthly drawings for the popular new tablet device. As a result of the promotion, twenty-five CSI clients were assigned user ID’s and passwords at the conference. “BankersGPS is a web based solution and allows for our partner to react quickly to our client needs without the necessity for implementation services and fees,” said Jason Young, CSI Product Marketing Manager.
All CSI clients are welcome and encouraged to participate in the free trial period. Please contact Jason Young at 1 800-545-4272, ext. 10362 or email him at jason.young@csiweb.com and he will arrange for an introductory demonstration for your client banks.
Computer Services, Inc. (CSI) has recently partnered with Plansmith to offer its customers additional software solutions to help manage performance and control risks. Plansmith Corporation is headquartered in the Northwest suburbs of Chicago, IL. BankersGPS is the newest addition to the Plansmith’s suite of planning and ALM products available to community banks, credit unions and thrifts.
Thursday, September 9, 2010
CSI's Reputation for Customer Service Attracts Marshall County State Bank
Marshall County State Bank in Varna, Illinois, recently partnered with Computer Services, Inc. (CSI) (OTCQX: CSVI) because of CSI’s reputation in the financial technology industry for unmatched customer service.
“Marshall County State Bank looked at six banking core systems before choosing CSI,” explained Angel Chatterton, Marshall County State Bank President. “We interviewed four banks that are currently CSI customers. All of them spoke very highly of CSI, its products, and the personal service the company provides. All four banks also assured us that our bank would receive ample in-person service from Account Managers to assist us with our needs on an ongoing basis. So far, CSI’s attentiveness has certainly met our expectations.”
In addition to CSI’s highly regarded Account Management plan, Marshall County State Bank also looks forward to taking advantage of products like CSI NuPoint®. “We are really looking forward to using CSI NuPoint to retrieve information that will allow us to mine our customer base so we know more about the products that will be most beneficial to our customers,” continued Chatterton. “We are always looking for ways to improve our customer service, and we believe that CSI’s products and services will allow us to better serve our customers, pursue additional opportunities and expand into new markets. We are looking forward to a long partnership with CSI.”
Like Chatterton, Andy Burkett, CSI Vice President of Sales and Marketing, looks forward to sharing a mutually beneficial partnership with Marshall County State Bank. “CSI is honored to have a loyal customer base that readily recommends our company to prospective customers,” said Burkett. “Our spirit of partnership becomes evident when prospective customers, like Marshall County State Bank, contact our existing customers for a reference on our service. CSI looks forward to adding Marshall County State Bank to its growing list of partners.”
“Marshall County State Bank looked at six banking core systems before choosing CSI,” explained Angel Chatterton, Marshall County State Bank President. “We interviewed four banks that are currently CSI customers. All of them spoke very highly of CSI, its products, and the personal service the company provides. All four banks also assured us that our bank would receive ample in-person service from Account Managers to assist us with our needs on an ongoing basis. So far, CSI’s attentiveness has certainly met our expectations.”
In addition to CSI’s highly regarded Account Management plan, Marshall County State Bank also looks forward to taking advantage of products like CSI NuPoint®. “We are really looking forward to using CSI NuPoint to retrieve information that will allow us to mine our customer base so we know more about the products that will be most beneficial to our customers,” continued Chatterton. “We are always looking for ways to improve our customer service, and we believe that CSI’s products and services will allow us to better serve our customers, pursue additional opportunities and expand into new markets. We are looking forward to a long partnership with CSI.”
Like Chatterton, Andy Burkett, CSI Vice President of Sales and Marketing, looks forward to sharing a mutually beneficial partnership with Marshall County State Bank. “CSI is honored to have a loyal customer base that readily recommends our company to prospective customers,” said Burkett. “Our spirit of partnership becomes evident when prospective customers, like Marshall County State Bank, contact our existing customers for a reference on our service. CSI looks forward to adding Marshall County State Bank to its growing list of partners.”
Thursday, August 5, 2010
ICB of Minnesota Names CSI Board Portal "Partner"
PADUCAH, Ky. – (August 5, 2010) – The Independent Community Bankers of Minnesota (ICBM), recently named the Web@Work Board Portal, provided by Computer Services, Inc. (CSI) (OTCQX: CSVI), a Preferred Provider.
Computer Services, Inc. is a leading provider of innovative banking technologies and eBusiness services. The company released its Web@Work corporate Intranet in 1998. Since its introduction, the service has continued to grow with the addition of time and attendance features, automatic policy management, electronic forms, task management and most recently a custom database creation capability. In 2009, CSI announced the release of its Web@Work Board Portal, a centralized repository of information for banks’ boards of directors.
ICBM, an association of independent, community-focused banks dedicated to implementing programs, products, and services that preserve the competitive banking environment, has begun using CSI’s Web@Work Board Portal for the distribution of board materials to its members. ICBM has determined that the portal solution can positively impact productivity and communication for its members.
“Web@Work Board Portal helps ICBM administer board and committee meetings more effectively,” explained Doug Krukowski, ICBM Chief Operating Officer. “We believe many of our members will find that Web@Work is a tool they can use to leverage their meetings and internal processes just as ICBM does.”
CSI Director of Business Development Bill Evers echoed Krukowski’s comments, “Whether the association’s need is to utilize a secure board portal or Intranet platform for its own board and staff or to provide its members with a portal solution that combines powerful communications and productivity tools into a single affordable platform, CSI is delighted to have the opportunity to work even more closely with ICBM.”
Computer Services, Inc. is a leading provider of innovative banking technologies and eBusiness services. The company released its Web@Work corporate Intranet in 1998. Since its introduction, the service has continued to grow with the addition of time and attendance features, automatic policy management, electronic forms, task management and most recently a custom database creation capability. In 2009, CSI announced the release of its Web@Work Board Portal, a centralized repository of information for banks’ boards of directors.
ICBM, an association of independent, community-focused banks dedicated to implementing programs, products, and services that preserve the competitive banking environment, has begun using CSI’s Web@Work Board Portal for the distribution of board materials to its members. ICBM has determined that the portal solution can positively impact productivity and communication for its members.
“Web@Work Board Portal helps ICBM administer board and committee meetings more effectively,” explained Doug Krukowski, ICBM Chief Operating Officer. “We believe many of our members will find that Web@Work is a tool they can use to leverage their meetings and internal processes just as ICBM does.”
CSI Director of Business Development Bill Evers echoed Krukowski’s comments, “Whether the association’s need is to utilize a secure board portal or Intranet platform for its own board and staff or to provide its members with a portal solution that combines powerful communications and productivity tools into a single affordable platform, CSI is delighted to have the opportunity to work even more closely with ICBM.”
Tuesday, July 13, 2010
State Bank of Whittington Chooses CSI's Products, Expertise
PADUCAH, Ky. – (July 13, 2010) – State Bank of Whittington in Whittington, Illinois, recently partnered with Computer Services, Inc. (CSI) (OTCQX: CSVI) to take advantage of CSI’s products, services, and industry expertise.
Formerly an in-house processed bank, State Bank of Whittington believes that CSI will improve the bank’s ability to serve its customers. “The conversion from in-house processing to CSI’s service bureau solution will allow us to concentrate on banking and apply our resources to serving customers rather than operating the in-house system,” explained Steve Owens, Vice President at State Bank of Whittington.
State Bank of Whittington has used an in-house system for over 20 years, but it is eager to upgrade to CSI’s core processing system. “I firmly believe that virtually every product we have implemented through CSI is an improvement over our previous product offering,” continued Owens. “CSI will give us a competitive advantage by keeping our bank on the cutting edge of technology and provide us with the service and know-how to use that technology to the best of our ability.”
“The trend in today’s banking industry is definitely away from in-house data processing,” stated Andy Burkett, CSI Vice President of Sales and Marketing. “Many community banks are discovering that they can offer more competitive services at attractive prices by choosing to outsource their data processing. We are honored that State Bank of Whittington chose CSI as its new data processing partner.”
Formerly an in-house processed bank, State Bank of Whittington believes that CSI will improve the bank’s ability to serve its customers. “The conversion from in-house processing to CSI’s service bureau solution will allow us to concentrate on banking and apply our resources to serving customers rather than operating the in-house system,” explained Steve Owens, Vice President at State Bank of Whittington.
State Bank of Whittington has used an in-house system for over 20 years, but it is eager to upgrade to CSI’s core processing system. “I firmly believe that virtually every product we have implemented through CSI is an improvement over our previous product offering,” continued Owens. “CSI will give us a competitive advantage by keeping our bank on the cutting edge of technology and provide us with the service and know-how to use that technology to the best of our ability.”
“The trend in today’s banking industry is definitely away from in-house data processing,” stated Andy Burkett, CSI Vice President of Sales and Marketing. “Many community banks are discovering that they can offer more competitive services at attractive prices by choosing to outsource their data processing. We are honored that State Bank of Whittington chose CSI as its new data processing partner.”
Tuesday, July 6, 2010
CSI Board Increases Cash Dividend by 15.8%
PADUCAH, Ky., July 6 -- Computer Services, Inc. (CSI) (OTCQX: CSVI) announced that its Board of Directors approved a 15.8% increase in the quarterly cash dividend to $0.11 per share. The dividend is payable on September 24, 2010, to shareholders of record as of the close of business on September 1, 2010. The increase in the quarterly dividend is up from $0.095 per share and represents an indicated annual dividend rate of $0.44 per share on the new rate of $0.11 per share.
"This is our 22nd consecutive annual increase in our cash dividend and highlights our strong financial condition, record results and excellent cash flow from operations," stated Steven A. Powless, President and CEO of CSI. "Our cash dividend is part of our long-term program to build shareholder value and return a portion of CSI's earnings to shareholders."
"This is our 22nd consecutive annual increase in our cash dividend and highlights our strong financial condition, record results and excellent cash flow from operations," stated Steven A. Powless, President and CEO of CSI. "Our cash dividend is part of our long-term program to build shareholder value and return a portion of CSI's earnings to shareholders."
Friday, July 2, 2010
Deborah Phelps Webb Named Vice President of Customer Resources
PADUCAH, Ky. – (July 2, 2010) – The Computer Services, Inc. (CSI) (OTCQX: CSVI) Board of Directors named Deborah Phelps Webb Vice President, Customer Resources at its meeting June 24, 2010.
Webb joined CSI’s Customer Resource Center in January 1995 in the area of Time Deposits. Since then, she has held positions of corporate training director, interceptionist supervisor, response group manager, and quality assurance manager.
Deborah currently manages employees in six locations responsible for customer hotline support and quality assurance company-wide.
She is a graduate of Murray State University in Murray, Kentucky, with a B.S. in Organizational Communications. She is also a member of the Help Desk Institute, the American Society for Quality, and is a certified Help Desk Manager.
“Deborah has been invaluable to CSI in her 15 years with the company,” said Steven A. Powless, CSI President and CEO. “Her industry knowledge, dedication to serving CSI’s customers’ needs, and focus on quality assurance have contributed to CSI’s exceptional customer satisfaction ratings. I am confident that Deborah will continue to positively impact CSI’s customers in her new role as Vice President of Customer Resources.”
Webb joined CSI’s Customer Resource Center in January 1995 in the area of Time Deposits. Since then, she has held positions of corporate training director, interceptionist supervisor, response group manager, and quality assurance manager.
Deborah currently manages employees in six locations responsible for customer hotline support and quality assurance company-wide.
She is a graduate of Murray State University in Murray, Kentucky, with a B.S. in Organizational Communications. She is also a member of the Help Desk Institute, the American Society for Quality, and is a certified Help Desk Manager.
“Deborah has been invaluable to CSI in her 15 years with the company,” said Steven A. Powless, CSI President and CEO. “Her industry knowledge, dedication to serving CSI’s customers’ needs, and focus on quality assurance have contributed to CSI’s exceptional customer satisfaction ratings. I am confident that Deborah will continue to positively impact CSI’s customers in her new role as Vice President of Customer Resources.”
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