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All Press Releases for November 2, 2003 Subscribe to this News Feed      
 

COMMUNITY BANKERS ASSOCIATION OF GEORGIA ANNOUNCES THE ENDORSEMENT OF PENLEY, INC.

Midtown Bank & Trust of Atlanta, first CBA member since endorsement, chooses Penleys FastWatch solution for complete compliance and identity fraud protection

Atlanta, GA(PRWEB) October 31, 2003 The Community Bankers Association of Georgia(CBA) has endorsed Penleys Fast Watch solution for USA Patriot Act Section 326, 314(a) and OFAC compliance for the organizations 300 plus member community banks. Penley, the nations leader in account integrity, is based in Atlanta, Georgia.

Penleys Fast Watch solution provides the most comprehensive, easy-to-use and cost-effective compliance tool in our industry," said Steven D. Bridges, CEO of CBA. Our partnership with Penley will allow our members to comply completely with the USA Patriot Act regulations while also adding an extensive identity fraud program. In a time when banks are playing a critical part in the prevention of identity fraud and terrorism, we are proud to endorse a proven industry leader," explained Bridges.

We conducted a thorough due diligence, and Penley, Inc. earned the approval of our Member Services Committee and that of our Board of Directors," Bridges said. We are excited about our alliance with Penley because of their dedication and commitment to the needs and interests of community bankers and the peace of mind that the Fast Watch solution will bring to our members."

"It is an honor to have the Fast Watch solution endorsed by the Community Bankers Association of Georgia," says Penleys Executive Vice President, Cleve Shultz. "The CBAs approval further demonstrates the market's acceptance of Fast Watch for USA Patriot Act compliance and identity fraud prevention. We are delighted that many CBA members have already chosen Fast Watch for USA Patriot Act compliance and are excited to announce that Midtown Bank & Trust is the first bank to select the solution since the CBA endorsement. Because Penley is a Georgia based company and has long term relationships with bankers in this state, we look forward to serving the needs of this dynamic organization."


About Community Bankers Association of Georgia
The Community Bankers Association of Georgia (CBA) is a non-profit organization serving community banks throughout Georgia for over 30 years to enhance their profitability and growth. The CBA was founded in 1969 by a group of Georgia community bankers to protect the political interests of locally owned community banks. Representing over 300 community banks and over 200 associate member companies, CBA offers services in four distinct areas which include political affairs, education, products & services and networking.


About Penley, Inc.
Penley, Inc. is the nations leader in account integrity and provides easy-to-use technology solutions that deliver critical business information. Penleys solutions specialize in providing financial institutions with comprehensive information that protects against fraud, offers business intelligence and increases operational efficiency. For financial institutions that need a value-driven identity verification service, Penleys Fast Watch leads the market in providing complete USA Patriot Act Section 326 , 314(a) and OFAC compliance. The company's advanced technology platform ensures the delivery of superior services as well as best-of-breed automation, security, and technology. For more information or to take a Fast Watch test drive", visit their website at www.penleyinc.com.


This release may contain or incorporate by reference forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such statements are not guarantees of future performance and involve risks, uncertainties and other factors which may cause our actual performance or achievements to be materially different from any future results, performance or achievements expressed or implied by those statements. Penley undertakes no obligation to publicly update or revise any forward-looking statements to reflect changed assumptions, the occurrence of anticipated or unanticipated events or changes to future results over time.
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Alisa Barchie
PENLEY, INC.
678-475-0032
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