Bank partners with Fiserv to take its digital presence to the next
level, create efficiencies and drive growth
BROOKFIELD, Wis.--(BUSINESS WIRE)--
Inc. (NASDAQ: FISV), a leading global provider of financial services
technology solutions, announced today that Iroquois
Federal Savings & Loan Association, headquartered in Watseka,
Illinois with $580 million in assets, has selected the Premier®
core account processing platform and a wide range of integrated Fiserv
solutions as the new technology foundation for its organization.
The bank, which once focused heavily on mortgage lending and CDs, has
significantly grown its commercial portfolio in recent years. Looking to
the future, bank leaders wanted a technology partner that will support
continued commercial growth, while also improving the customer
experience for retail and mortgage customers.
"As we expand our markets, we need to be prepared to meet the demands of
a diverse range of businesses in addition to today's tech-savvy
consumers," says Walter Hasselbring III, president and CEO, Iroquois
Federal Savings & Loan Association. "Fiserv helps us create the digital
presence needed to attract business customers and deliver a more
satisfying experience for our retail customers. We're also able to
efficiently support all types of commercial lending."
Hasselbring cites integration between Fiserv applications and the
cohesive customer experience of Business Online™ for business online
banking and Mobiliti Business™ for business mobile banking as major
factors in the decision to choose Fiserv.
The bank expects its staff to benefit from the intuitive navigation of
Fiserv solutions, the automation of manual tasks and the ability to
easily find and view important information. These capabilities help
bankers move seamlessly through their day and serve customers quickly -
improving the customer experience and further supporting the bank's
"Serving the commercial market is a revenue opportunity for financial
institutions of any size, and we want to help our clients succeed in
both the business and retail banking markets," says Byron Vielehr, group
president, Depository Institution Services, Fiserv. "Our recent and
ongoing investments in commercial banking capabilities help ensure that
our financial institution clients have the solutions they need to meet
the diverse expectations of their business customers."
In addition to selecting Fiserv online and mobile banking solutions for
consumers and businesses, Iroquois Federal will add CheckFree®
RXP® and CheckFree Small Business for online bill payment,
Popmoney® for personal payments, TransferNow® for
account-to-account transfers and a range of card services and item
Fiserv is the U.S. market leader in account processing services, and
more than one-third of U.S. financial institutions rely on Fiserv for
account processing solutions and expertise.
In a world that is moving faster than ever before, Fiserv helps clients
deliver solutions that are in step with the way people live and work
today - financial services at the speed of life. Learn more at fiserv.com.
Fiserv, Inc. (NASDAQ: FISV) enables clients worldwide to create and
deliver financial services experiences that are in step with the way
people live and work today. For more than 30 years, Fiserv has been a
trusted leader in financial services technology, helping clients achieve
best-in-class results by driving quality and innovation in payments,
processing services, risk and compliance, customer and channel
management, and insights and optimization. Fiserv is a member of the
FORTUNE® 500 and has been named among the FORTUNE Magazine
World's Most Admired Companies® for four consecutive years,
ranking first in its category for innovation in 2016 and 2017. For more
information, visit fiserv.com.
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Director, Public Relations
Director, Corporate Communications
Source: Fiserv, Inc.
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