ICBA - News - News Release - Ethertel Networks Brings Nearly $1 Million to Community Banks
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Ethertel Networks Brings Nearly $1 Million to Community Banks

Washington, D.C. (May 22, 2013)—The Independent Community Bankers of America® (ICBA) and Ethertel Networks, an ICBA Preferred Service Provider, today announced that Ethertel has enabled community banks to save nearly $1 million on their telecommunications expenses since December 2012.

“Ethertel brings great value to ICBA member banks by identifying opportunities to lower their telecommunications spending,” ICBA Executive Vice President of Services Dan Clancy said. “At a no-cost review, Ethertel will analyze a bank’s usage and service requirements, and then identify carriers who can meet those needs at a lower cost.”

Through the Telecom Expense Reduction Solutions program, Ethertel serves as an independent broker working on behalf of community banks to identify the best pricing among available telecommunications providers. Clients average a 27 percent annual reduction in their telecom costs and may also benefit from increased speeds in carrier-provided voice, Internet and mobility services.

“We could not be more pleased with our experience with Ethertel in getting new smartphones for our employees. They were very responsive to our needs and made the process as easy as possible,” said Judson Brooks, president and chief operations officer at Friend Bank in Slocomb, Ala. “Better yet, they helped us get a great value for our money by helping us get a better rate plan, and they were with us through the entire transition. I would recommend Ethertel to any bank considering upgrading its telephone technology.”

Bob Fricke, president and chief executive officer of the Farmers & Merchants Bank in Ashland, Neb., agrees. “Easiest money we ever saved!” he said. “Ethertel Network makes it very effortless and painless to the client when performing their assessment, and we were able to save hundreds of dollars in our monthly telecom expenses just by letting them review a couple months of invoices for our bank.”

About ICBA
The Independent Community Bankers of America®, the nation’s voice for nearly 7,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.

About Ethertel Networks
Ethertel Networks, serving over 400 satisfied clients nationwide, is a Nashville, Tenn. based company specializing in telecommunications consulting and brokerage with a focus to provide community banks with proven telecom solutions. Ethertel is dedicated to helping community banks reduce overspending while providing industry proven consultation on ways to create a more efficient and cost-effective telecom model. Over the last two years ending December 31, 2011, Ethertel clients have enjoyed an average 27% savings on their telecom expenses. To contact, send request to: info@Ethertel.net or call Kathryn Devereaux EVP at 615.550.1626.

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