Two Community Banks Choose Fiserv's Real-Time Account Processing
Fiserv announced Tuesday that First Federal of Bucks County and United Community Bank, located in Lawrenceburg, Ind., have chosen its DNA account processing platform. DNA is the core banking platform created by Open Solutions, which Fiserv acquired in January.
The Brookfield, Wis. bank tech vendor said the system processes accounts in real time. The platform will allow each bank to give customers access to up-to-date balance and transaction data at the ATM, over the phone, or from the desktop or mobile phone.
First Federal of Bucks County, $678 million in assets, operates 11 offices throughout Bucks County in Pennsylvania. United Community Bank has $523 million in assets and more than 35,000 customers and six branches in Southeastern Indiana.
"DNA is both flexible and easy to use, but most importantly, the platform's customer-centric, real-time data model is helping us do what we do best: deliver superior service every day across all channels," said Karen Shinn, a senior vice president of deposit operations and information technology at First Federal of Bucks County, in a press release.