For community banks considering near-term investments in technology projects, the financial crisis may represent an opportunity to do so at a reduced cost.

With the industry continuing to consolidate and fewer new banks opening, vendors have become more intent on attracting and retaining customers, consultants say. Industry watchers said prices have already fallen on some products and could fall even more over the next year in areas where a quick return on investment is not evident.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.