Fiserv Vision, a business unit of IT services provider Fiserv, has announced that Union Savings Bank has launched an enhanced online banking service leveraging Corillian Consumer Advantage and CheckFree Web RXP from its internet banking and electronic payments division.
Union Savings Bank wanted to enhance its online banking service with a system that could provide online banking and bill pay services in an integrated, hosted environment. Having Corillian Consumer Advantage’s online banking practices in a hosted environment means Union Savings Bank gains the advantages of a sophisticated solution without the overhead costs and capital investments associated with running it themselves, said Fiserv.
Mike Rigney, president of Fiserv Vision, said: The acquisition of CheckFree, including Corillian, allows Fiserv Vision to provide our clients with an online banking solution that is tightly integrated to our Cleartouch core solution, in a scalable, hosted environment. Our clients look to us to provide them with the tools they need to compete in their markets; Union Savings Bank is seeing firsthand the benefits of this acquisition.
Bill McNamara, senior vice president of Union Savings Bank, said: We are seeing people leaving some of the larger banks because of what’s going on in the economy. When they walk into our bank to open an account, they discover an online banking product that’s very similar to what they were using. We are finding that customers are more comfortable in making the move to a community bank, not only because of the outstanding customer service we offer, but also because we have the same tools and services they would expect from a bigger bank.