The Stockmen's Bank of Kingman, Ariz., signed a five-year data processing agreement with Peerless Systems Inc., Richardson, Tex.
Processing Content
Under the agreement, Peerless will convert the bank's current data processing operation to Peerless software on the IBM AS/400. The $130 million-asset bank previously used another in-house service provider.
Peerless also signed a five-year data processing agreement with Metairie (La.) Bank and Trust. The bank, which has assets of $250 million, previously handled data processing in-house.
