THREE YEARS AGO, when the First National Bank of Naples, Fla., opened its doors for the first time, it was also running its own computers.

While this might not seem like a big deal, the de novo bank's investment in technology was an expensive gamble at a time when many other cash-strapped financial institutions were being enticed by the trend toward handing off their data processing chores to outsiders.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.