Park State Bank & Trust in Woodland Park, Colo., will provide IBT's MoneyDesktop, a personal financial management tool, to its customers.
MoneyDesktop integrates directly into online banking, core and payment platforms. This integration with IBT's internet banking platform will give customers of the $84 million-asset Park State real-time account balance information from a single location so they can manage their finances and deposit accounts, IBT said.
Park State has a longstanding relationship with IBT, Tony L. Perry, the bank's president and chief executive, said in a press release Tuesday.
"One of the dangers for community banks is losing customers to super regional or national banks due to the perceived notion that the tools they offer are superior to our own," Perry said. "Offering this product to our customers shows them that we too can provide state-of-the-art solutions."
IBT, of Cedar Park, Texas, specializes in complete enterprise automation for financial institutions with products such as core processing, Check 21 proof automation, mobile banking, internet banking and document imaging.
