Fiserv, Inc., the provider of financial services technology solutions, announced that Huntington State Bank, a locally owned and operated community bank with assets of USD 240 million serving deep East Texas, has selected the Precision bank platform to provide an enterprise-wide technology solution to accommodate current and future growth.
Huntington chose in-house processing on the Precision platform from Fiserv, as well as a host of value-added solutions that will streamline the bank’s operations and enhance customer service. These solutions include Internet Banking, Director, Integrated Teller and Cash Management for Precision, in addition to WireXchange. Additionally, Huntington will deploy Business Process Manager to improve workflow processes in anticipation of future expansion. This multi-product implementation from Fiserv reinforces the company’s core competencies in Processing Services, Customer and Channel Management and Payments.
“We’ve experienced substantial growth over the past 40 years, and we needed a system that can grow with us as that pattern continues,” says Ken Marshall, chief executive officer of Huntington State Bank. “The Precision platform’s scalability is a perfect fit for our bank, which has nearly tripled its asset size in just 12 years. We have ambitious plans for continued growth and Fiserv can help us keep moving forward.”
Fiserv gave Huntington State Bank the ability to move from multiple vendors to one partner, which was a key differentiator in the bank’s decision to deploy Precision. “We knew from the start that we wanted tight integration, as opposed to interfacing multiple solutions,” says Marshall. “By deploying integrated solutions from Fiserv, we’ll be able to enter information once and have it flow into all our different applications.”
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