FOR IMMEDIATE RELEASE
ICBA Extends Exclusive Relationship with BancIntelligence
Provides Members with a Unique Online Solution to Drive Earnings Growth
Washington, D.C. (June 4, 2008)— The Independent Community Bankers of America (ICBA) announced that it has extended its agreement with BancIntelligence, a business unit of Fiserv, Inc., located in Atlanta, GA., as an ICBA Preferred Service Provider through December 2010. The new agreement will allow ICBA members to continue receiving exclusive discounts on BancIntelligence’s BancAnalyst® Financial and BancAnalyst® Market tools.
With the only online advisory solution for the community banking industry, BancIntelligence has served as an ICBA Preferred Service Provider since 2005. Their web-based analytical tools help thousands of bank executives identify and quantify their best opportunities for profit and revenue enhancement, develop branch rationalization strategies and make critical resourcing decisions. In addition, a BancAnalyst subscription includes senior bank strategists on retainer to work with bank management via Web-based earnings growth, branch optimization and strategy planning sessions.
“ICBA is very pleased to continue offering ICBA member community banks analytical tools that support business decisions and facilitate decision-making,” said Dan Clancy, ICBA senior vice president of services. “Through BancIntelligence, community bankers have access to sophisticated tools that enable them to focus resources where they can derive the greatest value for their bank.”
“It is an honor to continue to be recognized as an ICBA Preferred Service Provider,” said Kevin Tweddle, BancIntelligence chief operating officer. “Our mission is to deliver quantifiable, objective analysis that helps community banks make critical decisions on their path to maximizing franchise value. We have built a strong relationship with ICBA and enjoy working together to offer ICBA members a monthly educational Webinar series, peer group forums, as well as our analytical tools at a special member discount.”
Since the two organizations began doing business together, more than 347 ICBA member community banks have subscribed to the BancAnalyst Financial and BancAnalyst Marketing tools.
BancIntelligence, a business unit of Fiserv, Inc. (NASDAQ:FISV), delivers the industry's only online advisory solution to provide a key analytical advantage to financial institutions of all sizes. BancIntelligence has automated the analysis and strategy development process by uniquely combining comprehensive data, applied intelligence and access to its expert Bank Strategists. The BancIntelligence BancAnalyst® Financial and BancAnalyst® Market online tools continuously deliver instant, objective conclusions that support over 590 financial institutions’ strategic and tactical planning on their course to maximizing franchise value. For more information about BancIntelligence and its unique online advisory solution visit www.bancintelligence.com or contact us at 800 846 6681.
About Fiserv, Inc.
Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commerce systems and services to the financial and insurance industries. Leading services include transaction processing, outsourcing, electronic bill payment and presentment, investment management solutions, business process outsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed the acquisition of CheckFree, a leading provider of electronic commerce services. Fiserv reported nearly $4 billion in total revenue from continuing operations for 2007. For more information, please visit www.fiserv.com.