WAUSAU, the industry leader in payment, remittance and document processing, announced that Christine Smith of the WAUSAU Remittance Solutions team will be a featured presenter at the Windy City Summit, an educational conference sponsored by the Treasury Management Association of Chicago for treasury management and financial professionals.

Smith, Technical Product Manager for WAUSAU, and Gary Raczek, Vice President of Cash Management Services at West Suburban Bank, will present “Increasing the Value of Lockbox Technology” on Thursday, May 24 in Chicago.  The presentation will examine advances in lockbox technology and how corporate practitioners can apply real-world applications in their remittance processing environment and experience a cost benefit analysis for specific aspects of wholesale lockbox during the session.

Session Title:                        Increasing the Value of Lockbox Technology

Presenters:               Christine Smith, Technical Product Manager, WAUSAU

                                    Gary Raczek, Vice President of Cash Management, West Suburban Bank

Date/Time:                 Thursday, May 24; 3:55 – 4:45 p.m.

Location:                    Hilton Chicago & Towers, Chicago

The Windy City Summit provides an excellent opportunity to stay abreast of changing governmental regulations, technological advances and the impact on today’s industry.

“Financial institutions of all sizes are able to tailor lockbox services on an individual customer basis, allowing for more opportunities to build new revenue streams through wholesale lockbox remittance processing,” Smith said.  “We look forward to sharing advances in lockbox technology and expense savings and profitability growth.”

WAUSAU recently announced its acquisition of DMP Payment Systems, a leader in wholesale lockbox solutions, which strengthens WAUSAU’s position as the industry leader in the remittance market space.

About WAUSAU

WAUSAU is a premier provider of payment and remittance processing solutions, serving businesses of all types to develop strategies that move money faster.  With its products, services and consulting, WAUSAU works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management.  WAUSAU’s innovative solutions provide results for a wide range of organizations including financial institutions, insurance companies, utilities, retail businesses and governmental agencies.  Find more information about WAUSAU at www.wausaufs.com.

About West Suburban Bank

Since 1962, West Suburban Bank has offered a level of service and responsiveness that the mega-banks, despite their posturing, can never hope to attain.  Since our employees, from our tellers to our key decision makers, live in the communities we serve, the organization understands the needs of our communities and our customers.  And while many of the banks have been trimming staff and cutting back on personal service, West Suburban Bank has been adding experienced business bankers to the staff.  West Suburban Bank is over $1 billion in size and has a corporate lending limit of over $36.6 million to a single business.