The Top 10 Small-Bank Projects

Published March 01, 2012, 10:08 a.m. EST

Updated February 29, 2012, 4:44 p.m. EST

1 Min Read

1. T Bank
At T Bank, the big new IT project is more than a new deployment -- it's a cross-enterprise method of using virtualization and outsourcing to enable a bunch of smaller IT projects.

Processing Content

2. East Carolina
Of all the community banks that are executing core upgrades, few will undergo quite as vast a transformation as East Carolina Bank, where hardware assets that in some cases date to the Reagan Era are going into the cocoon and coming out as cutting-edge automation.

3. First National Bank of the Gulf Coast
Peter Setaro will be the first to admit that starting a bank off "right" with a paperless system has been no walk in the park.

4. Apollo Bank
Apollo Bank has stepped into the fray -- a rebranded small bank with big plans to combat the myriad competitors in the region by offering a full suite of digital banking products.

5. Coastal Bank
Established iPhone and Android applications are available for mobile banking, but the up-front costs can be too much for a small bank. Integration with a bank's core system is another challenge. Coastal Bank is blowing past both issues.

6. First Community
First Community Bank has started offering a flexible checking program that lets customers have a free checking account if they adjust their banking habits to meet certain criteria.

7. First Trade Union Bank
For Robert Landstein, the key to First Trade Union Bank's growth initiative starts with a process as simple as snapping a picture.

8. Bank of York
Even in banking, sometimes less is more. Bank of York learned that during the summer of 2011 when it streamlined its ComplianceOne loan document management system.

9. Forward Financial Bank
Forward Financial Bank sees an opportunity to ply new electronic signatures to reduce the use of paper, pens, closing times — and erase a host of inaccuracies.

10. Big Horn Federal Savings Bank
The software platform deployed by Big Horn Federal Savings Bank worked well for many years. But sweeping changes in the banking market forced the bank to re-evaluate its technology platform.