Entries by Scott Gardner

How Smalltown Branches Must Adapt

  Between 1984 and 2011, the number of federally insured banks shrank significantly in the United States, with the majority of bank closures being those with less than $100 million in assets, according to the Wall Street Journal. Small banks are being gobbled up by larger banks, until the industry has reached an all­-time low, with just 6,891 […]

Gov. Phil Bryant Recognizes Four Mississippi Companies at 2014 Governor’s Awards for Excellence in Exporting Event

Jackson, Miss. (Dec. 4, 2014) – Gov. Phil Bryant presented four Mississippi companies with awards yesterday at the 2014 Governor’s Awards for Excellence in Exporting event, which was held at the Country Club of Jackson. Designed to recognize Mississippi companies for their success in maintaining or increasing export sales, the awards recognized two companies in […]

How Integrated Accounting Software Can Help Banks Prosper

  Whether you’re a community bank or a national company with multiple branches, integrated accounting software can help you save time and money. Specialized banking applications can help your financial institution streamline daily tasks such as accounting, budgeting, asset management and more. This not only improves competencies within the organization, but helps you provide faster service to clients […]

Bank Vendor Management Software Controls Outsourcing Costs

  As outsourcing becomes more popular with banks, financial institutions face more risks than typically exist when using its employees to perform most tasks. Yet, one reality takes precedence over other issues. Banks and credit unions can outsource most services, but they retain all potential risks to their operations and customer requests for service. According to FDIC regulations, […]

How to Automate Your Branch Without Alienating the Customer

As banks face rising costs and less engagement within their branch locations, many are choosing to automate and eliminate paid possessions in order to cut costs and remain profitable. Yet there’s one potential downside of branch automation, and that is the fact that it can alienate customers. For the branch that needs to automate, these strategies will help […]

Banktel Systems Ranked in Deloitte Top 500 Fastest Growing Companies

Mississippi-based BankTEL Systems Ranked in the Top 500 Fastest Growing Companies in North America on Deloitte’s 2014 Technology Fast 500™ Ranking attributes 143.8% revenue growth to innovative software backed by exceptional client service and support Columbus, MS,— Today, BankTEL Systems, based in Columbus, Mississippi, announced it has been ranked 483rd on Deloitte’s 2014 Technology Fast […]

Banks Are Reinventing Themselves Through Technology

For the past few decades, technology has been as important a money to most banking institutions. Although previously lagging behind banks, credit unions also have placed a top priority on employing cutting­-edge technology to better compete with their bank siblings. In many ways, according the venerable Washington Post, financial institutions are becoming “quasi­-technology companies.” This reinvention involves multiple […]

Testimonials

  Security Federal Bank Love the email feature for direct deposits. We just converted to banktel in August. Very easy to use. Wish we have converted earlier. Great customer support.  – Margaret Hurt This is a great product easy to use. SAVES A LOT ON TIME – Patricia Moseley   Iowa Falls State Bank Our […]