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Audubon Savings Bank Improves Efficiency with Fiserv VISION Cleartouch

 

 Fiserv VISION, a business unit of Fiserv, Inc. (NASDAQ: FISV), a leading provider of information management systems and services, announced that Audubon Savings Bank of Audubon, N.J., with assets of $166 million, has chosen Fiserv VISION Cleartouch as the bank’s core data processing solution. Audubon Savings Bank has ambitious goals for future growth, selecting Fiserv VISION for itsability to improve the bank’s operations through increased efficiency while at the same time enabling AudubonSavings to maximize its customer relationships and increase revenue by creating new cross-sale opportunities.

The consistent look and feel of Fiserv VISION Cleartouch, coupled with its easy navigation were factors inAudubon’s selection of Fiserv VISION, as were the power and potential they saw in the iVue business intelligencesolution and the full-featured functionality of the Fiserv VISION application. D. Kyle Morris, senior vice president and CFO of Audubon Savings said his bank wanted a long term partner and Fiserv VISION was the clear choice.

“When we began our due diligence process to select a core data processor, we were looking for a company witha suite of software to meet both our current and future growth plans. Fiserv VISION, with its Cleartouch softwareand integrated ancillary solutions, will provide the ease of use and robustness that we will require from our dataprocessing software to efficiently deliver banking services to our consumer, business and government customers inthe 21st century and beyond,” said Morris.

In converting to Fiserv VISION Cleartouch, Audubon Savings gains a full Fiserv solution set that includes businessintelligence, an automated, integrated teller and new accounts platform, retail Internet banking, bill pay andaccounting functionality.

About Fiserv VISION

Fiserv VISION provides community and commercial banks with a complete online banking solution, web hosting,and internet banking services. Fiserv VISION services more than 850 financial institutions nationwide and providescore processing services to more than 350 clients. Fiserv VISION is headquartered in Brookfield, Wis., with officesin Glastonbury, Conn., Tampa and Orlando, Fla.

About Fiserv, Inc.

Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, provides information management and electronic commercesystems and services to the financial and insurance industries. Leading services include transaction processing,outsourcing, electronic bill payment and presentment, investment management solutions, business processoutsourcing (BPO), software and systems solutions. Headquartered in Brookfield, Wis., the company serves morethan 21,000 clients worldwide and is the leading provider of core processing solutions for U.S. banks, credit unions and thrifts. Fiserv was ranked the largest provider of information technology services to the financial services industry worldwide in the 2004, 2005 and 2006 FinTech 100 surveys. In 2007, the company completed theacquisition of CheckFree, a leading provider of electronic commerce services. Fiserv and CheckFree had more than $4.5 billion in combined pro forma total revenue for 2006. For more information, please visit www.fiserv.com.

 

Mike Rigney, president of Fiserv VISION, knows financial institutions today face challenges on many fronts. Heis confident that Audubon Savings Bank will be able to meet and overcome those challenges through theirpartnership with Fiserv VISION.

“Today’s competitive banking environment has produced savvy customers with high expectations for service andconvenience. To exceed service expectations and win market share requires every customer touch-point to becomea service opportunity driven by a total relationship view and diverse set of retail and business capabilities. TheAudubon Savings Bank team was quick to recognize that value equation,” said Rigney.

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