Metavante Corporation, a provider of banking and payments technologies, has announced that Chemical Bank has renewed its core banking agreement with the company.
Metavante’s contract renewal with Chemical Bank continues a 28-year relationship, which includes the company using the Bankway software at 129 locations throughout Michigan’s lower peninsula. Chemical Bank’s expanding relationship with Metavante also includes TrustDesk to perform wealth management processing, and leveraging various consulting and professional services. Additionally, Chemical Bank participates in Metavante’s NYCE Network for retail PIN debit and ATM card access.
Bankway software is an in-depth core banking package that employs a single-system, customer-centric architecture. It offers financial institutions an expanded core processing solution with strategically organized customer service tools.
Kenneth Johnson, executive vice president and director of bank operations of Chemical Bank, said: Over the years, our organization has grown with Metavante and the Bankway product offerings. It made good business sense for us to extend our relationship as we continue to expand our market presence.