FUNDtech says First National, a subsidiary bank of FNB Corporation, has bought CASHplus, its cash management system.
“We plan to provide a different look, feel and offering of services tailored to each of our customer segments,” says Laurie Knowles, Vice President of Cash Management Services at FNB Corporation. “We outgrew our previous cash management system, and were looking for a new system that would enable us to implement our growth strategy. CASHplus allows us to offer our clients a one-stop-shop service that is rich in functionality.”
Michael Sgroe, President and COO of FUNDtech says CASHplus is “helping community banks compete more effectively with the larger banks in their market.”