Peoples Bank & Trust Implements Premier Bank Platform from Fiserv

November 13, 2014

  • Illinois-based bank selects the Premier bank platform for account processing with additional Fiserv solutions
  • Accel debit payments network, CheckFree RXP and Popmoney among the comprehensive, integrated Fiserv solutions selected
  • Bank cites product quality, customer service and ease of use as factors in the selection

BROOKFIELD, Wis.--(BUSINESS WIRE)-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Peoples Bank & Trust, headquartered in Pana, Ill., has implemented the Premier® core processing platform in an outsourced deployment, along with a multitude of additional Fiserv solutions. Peoples Bank & Trust joins the more than one-third of U.S. financial institutions that rely on Fiserv for account processing solutions and expertise.

"We wanted a system that would grow with us as our needs changed," said John Gardner, president and CEO, Peoples Bank & Trust. "Fiserv invests in innovation to support its platforms, which was very important to us. Now that we've implemented, we have hopes of continued progress and improvements in efficiency. We're excited to bring these new capabilities to our customers and feel confident that they will help make banking with us an even better experience."

The $404 million bank selected Fiserv for the capability, strength of operation and ease of use of its solutions. It also cited customer service in selecting Fiserv.

"By selecting Fiserv as its new solutions provider, Peoples Bank & Trust will have the broad suite of financial applications, electronic services and technology tools it needs to provide best-in-class service to its customers," said Teri Carstensen, division president, Bank Solutions, Fiserv. "Fiserv is committed to providing the most innovative and integrated products and services to help banks of all sizes achieve greater efficiency as they grow."

Known for its robust functionality and scalability, Premier is the bank platform selected by a wide range of financial institutions with diverse goals, customers, technology strategies and operating environments. Open integration to an extensive set of best-in-class Fiserv solutions and flexible deployment options make this a versatile solution.

Peoples Bank & Trust also selected the following innovative solutions from Fiserv: the Accel® debit payments network, Branch Source Capture™, CheckFree® RXP®, CheckFree® Small Business, Debit Processing, Merchant Source Capture™, Mobile Source Capture™, Popmoney®, Statement Advantage™ and WireXchange®.

Fiserv is the U.S. market leader in account processing services and Popmoney person-to-person payments are currently offered at more than 2,200 banks and credit unions.

About Peoples Bank & Trust

Peoples Bank & Trust is a locally owned and managed, independent community bank with ten offices located in Charleston, Altamont, Tower Hill, Pana, Taylorville, Morrisonville, Springfield, Waverly, Palmyra and White Hall. Peoples Bank & Trust is a full service bank offering outstanding customer service to consumers, small business, and farmers in Central Illinois. For more information, visit www.bankpbt.com.

About Fiserv

This year, Fiserv, Inc. (NASDAQ: FISV) celebrates 30 years of leadership in financial services technology. As one of FORTUNE® magazine's World's Most Admired Companies, Fiserv is helping clients worldwide achieve best-in-class results by driving innovation in payments, processing services, risk and compliance, customer and channel management, and business insights and optimization. For more information, visit www.fiserv.com.

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Media Relations:
Julie Nixon
Senior Public Relations Manager
Fiserv, Inc.
678-375-3744
julie.nixon@fiserv.com
or
Additional Contact:
Wade Coleman
Director, Communications & Thought Leadership
Fiserv, Inc.
678-375-1210
wade.coleman@fiserv.com

Source: Fiserv, Inc.

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