FundsXpress and First Arkansas Bank & Trust Announce Multi-Year Renewal of Business Partnership
FundsXpress Financial Network, Inc., the premier provider of online financial services, today announced a multi-year extension and expansion of their successful business partnership with First Arkansas Bank & Trust, a $500 million financial institution based in Jacksonville, Arkansas. With close to 30 percent of account holders using Internet banking, First Arkansas Bank & Trust is committed to offering the most functional and convenient online financial services.
Austin, TX (PRWEB) November 7, 2006 -- FundsXpress Financial Network, Inc., the premier provider of online financial services, today announced a multi-year extension and expansion of their successful business partnership with First Arkansas Bank & Trust, a $500 million financial institution based in Jacksonville, Arkansas. With close to 30 percent of account holders using Internet banking, First Arkansas Bank & Trust is committed to offering the most functional and convenient online financial services.
FundsXpress will continue providing First Arkansas Bank & Trust innovative online retail and commercial banking services, including the fx eBanking platform and the fxBusiness Banking solution. First Arkansas Bank & Trust will also benefit from the fxSecurity suite with fxDual Authentication, a new comprehensive solution of anti-fraud and risk analysis tools. The agreement will extend the partnership through 2010. First Arkansas Bank & Trust recently doubled in size with the acquisition of First Team Bank earlier this year.
"Over the years, we have established a reputation for fast, professional service, and our customers expect and deserve nothing less," said Mary Verser, senior vice president, First Arkansas Bank & Trust. "Online banking is another way we deliver a whole new level of convenience to our customers, and FundsXpress delivers the superior products to make that happen. From the onset of our partnership, we have been impressed with the quality of the services and support FundsXpress offers our staff and clients."
"Decision makers are increasingly aware of the impact online banking has on the financial growth of the institution," said Greg Constantine, FundsXpress executive vice president. "FundsXpress provides First Arkansas with a wide range of superior Internet and commercial banking products, while ensuring each and every customer is operating in a secure and stable online environment. The renewal of our partnership with First Arkansas is a testament to the superior family of FundsXpress products and our commitment to the security of online financial data."
FundsXpress is the endorsed provider of the Arkansas Community Banker's Association, offering secure Internet Banking to more than 30 financial institutions in the state.
Media Contacts:
Jennifer Britton-Turnbow
FundsXpress Financial Network
512.493.2851
cell 512.825.2868
Mary Verser
First Arkansas Bank & Trust
501.985.4080
About FundsXpress Financial Network, Inc.
FundsXpress is a premier provider of Internet-based financial services and products for banks and credit unions nationwide. Through a state-of-the-art data center, the company delivers a secure, scalable and proven financial product suite. FundsXpress products include retail and commercial Internet banking, cash management, automated lending, and dynamic Web sites. FundsXpress clients benefit from the company's value-added compliance support, customer service and leading adoption rates. For more information, please visit the company at www.fundsxpress.com.
About First Arkansas Bank & Trust
First Arkansas Bank & Trust is a family-owned and operated commercial bank with its main office located in Jacksonville, Arkansas. The institution operates several branch locations in Central Arkansas including: Cabot, El Paso, Gravel Ridge, Jacksonville, North Little Rock, Marshall, Damascus, Quitman, Heber Springs, Concord, Pangburn, Center Ridge, Greers Ferry, Greenbrier, Guy, and on Little Rock Air Force Base. Chartered in 1949, First Arkansas Bank & Trust is the oldest bank in Jacksonville and has been a major factor in the growth and development of that city over the past 55 years. www.firstarkansasbank.com
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