Ridgewood (N.Y.) Savings Bank signed a multiyear outsourcing contract with Bisys Inc.

Ridgewood, a $1.7 billion-asset institution with a 14-branch network, wanted to update its deposit accounting and mortgage origination systems. The conversion is scheduled to begin by the end of the year.

Bisys is a subsidiary of the Bisys Group Inc., which is based in Little Falls, N.J.

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