ATLANTA - USBA Holding Ltd., a provider of operational and strategic planning services for financial institutions, has acquired Financial Suppliers Inc. and Proactive Inc.
Financial Suppliers, based in Atlanta, offers small and start-up institutions access to products - such as automated teller machines, safe deposit boxes, furnishings, and filing systems - at prices comparable to those offered larger institutions. The company represents more than 100 product lines.
Proactive, also Atlanta-based, develops and sells software that lets banks do internal audits and monitor regulatory compliance.
Including the clients of FSI and Proactive, USBA's client list includes about 500 U.S. institutions.