1st Capital in Calif. Using First Data for Online Banking

1st Capital Bank in Monterey, Calif., said Tuesday that it has selected First Data Corp. for its online banking services.

"First Data's online banking solution offers … full account histories, enhanced alerts and online account opening," said Bryan Kratz, senior vice president of financial institutions for First Data, in a news release.

The $235.7 million-asset 1st Capital provides lending, deposit sand cash management services to small and medium sized businesses in addition to specialized banking for the medical and dental industry.

First Data is a unit of the Kohlberg Kravis Roberts & Co. private-equity firm.

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