ATLANTA--(BUSINESS WIRE)--Online Banking Solutions (OBS) announced today that ServisFirst Bank, headquartered in Birmingham, AL has chosen to upgrade its commercial online banking systems with three products from OBS:
- Business Online Banking Platform (OBS Product Name: Messenger Financial Center)
- Mobile Business Banking (Messenger Mobile Banking), and
- Secure Browsing Technology (M-Secure Banking).
Implementation of the new systems at ServisFirst Bank is planned for later in 2014, explained Joe Spatarella, chief marketing officer at OBS.
ServisFirst Bank, headquartered in Birmingham, AL, has 14 offices in 3 states and approximately $4 billion in assets. According to Debbie Eubank, Senior Vice President for Cash Management Sales, “ServisFirst’s growth has led us to look for enhanced online banking tools to better meet our business clients’ needs. The bank thoroughly reviewed four other vendors before choosing OBS. This platform will provide our clients robust custom reporting, advanced security protocols and more efficient functionality.”
About ServisFirst Bank
ServisFirst Bank, headquartered in Birmingham, Alabama, was founded May 2005. With $35 million raised in local capital, ServisFirst Bank set the record for the highest capital raised to date by a startup bank in the State of Alabama. Since then, ServisFirst Bank has organically expanded into Huntsville, Alabama in August 2006; Montgomery, Alabama in June 2007; Dothan, Alabama in September 2008; Pensacola, Florida in April 2011; Mobile, Alabama in July 2012; and Nashville, Tennessee in April 2013, with plans of opening additional locations throughout the southeast.
Not only has the Bank’s footprint grown, but so has its net income. The Bank announced second quarter earnings for 2014 with net income of $11.8 million, a 27.4% increase year over year. Coupled with superior asset quality and a very strong balance sheet, ServisFirst continues to be a leader among community banks.
About Online Banking Solutions
Online Banking Solutions was founded in 2002 by a management team that pioneered Web cash management and business banking technology. Privately held and profitable, OBS provides contemporary e-banking products including multi-channeled reporting, transaction, and file delivery services. Its clients include commercial banks, 11 of the top 100 U.S. commercial bank holding companies, community banks, and credit unions. OBS offers financial institutions the benefits of a large-scale technology provider coupled with the tenacity and customer-driven service of a small, aggressive entrepreneurial organization.