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.”

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."

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.”