Published: August 04, 2011
State Bank Signs Seven Year Core Processing Agreement with TriNovus
BIRMINGHAM, Ala. - (BUSINESS WIRE) - TriNovus, LLC (www.trinovus.com),
a company focused on delivering technology solutions to the financial
marketplace, announced today that State Bank (www.statebank-spencer.com)
of Spencer, Iowa has signed a seven year agreement to outsource all of
their core processing needs to the TriNovus eBank data center.
State Bank, founded in 1944, is a community bank with 63 million in
assets and locations that serve the Spencer, Everly and Peterson areas
of Iowa. State Bank is committed to providing personal service and local
decision-making along with offering customers the latest products,
services, and access channels that technology allows.
Though selecting a core processing provider is one of the biggest
decisions a bank can make, Ryan Johnson, president State Bank feels
confident that TriNovus is the right choice.
"The management at TriNovus has an excellent understanding of where our
bank is today and where we want to be in the future," said Johnson. "The
TriNovus team is committed to providing us the technology we need along
with valuable industry expertise to ensure that we meet today's goals
and that State Bank continues to build on our current success."
David Brasfield, CEO of TriNovus, thinks that State Bank's commitment to
TriNovus is indicative of community banks wanting to work with a true
technology partner.
"Banking today is complicated. Selecting all of the right technology
components to remain competitive while focusing on meeting ever-changing
compliance regulations can be challenging," said Brasfield. "Not only
will TriNovus provide State Bank with the technology needed to stay
competitive in their market space, as well as a comprehensive compliance
solution, but we will also work with them as a true partner, helping
them to navigate future technology decisions that serve the best
interests of the bank and its customer base," he said.
About TriNovus
TriNovus, a Birmingham, Ala.-based company, was founded with the goal of
delivering technology solutions to the financial marketplace. TriNovus
offers core processing and associated services through its eBank data
center. The TriNovus product suite also consists of solutions addressing
compliance, stress testing, vendor management and distressed assets. For
more information on TriNovus, visit www.trinovus.com
or contact David Brasfield at 205.991.5636 or david.brasfield@trinovus.com.

TriNovus
David Brasfield, 205-991-5636
david.brasfield@trinovus.com
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