Prudential Bank and Trust announced that it would install an automated credit card processing system supplied by Wheb Systems Inc. of San Diego.
The new system should help the bank manage an expected increase in credit card application volume over the next few months.
The bank currently enlists 20 to 30 data entry operators to process 3,000 forms per day. But that number is expected to increase to 5,000 per day over the next few months.
Prudential Bank and Trust is the fourth company to install Wheb's Intelligent Forms Processing System. The others are Bank One, GE Capital, and Spirit of America National Bank.
The system cost $229,400. - Compiled by Karen Epper