PARAMUS, N.J. - Midland Bancorp., a $413 million-asset bank based here, has announced plans to install a Windows-based funds transfer system from Fundtech Corp.

The system, called Fedplus, is based on client/server technology. It uses local and wide-area networks and a relational data base to enable the bank's 13 branches to handle Fed Wire funds transfers.

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.