IRVINE, Calif.--(BUSINESS WIRE)--Pacific Premier Bancorp, Inc. (NASDAQ: PPBI), the holding company of Pacific Premier Bank, announced that TOPS Software (“TOPS”) is developing an innovative interface between its award-winning association management software, TOPS [ONE]®, and the recognized Pacific Premier DataVault® service.
Pacific Premier Bank has been a leader in banking technology for homeowners’ association (“HOA”) managers with its Pacific Premier DataVault® service. Pacific Premier Bank’s customized HOA solutions are designed for property management companies looking to differentiate themselves from the competition by leveraging proven strategies to create more efficient processes and deliver impactful results.
TOPS [ONE] is an all-in-one, web-based application with accounting and management tools specifically designed to meet the needs of condo, HOA, and co-op management companies.
The newly-announced interface will allow HOA management companies to realize additional efficiencies between the TOPS [ONE] software and Pacific Premier Bank’s HOA solutions. It is anticipated that the interface will contain several “smart banking” features including: auto-validation file, auto-lockbox file, auto-lockbox file with check images, auto-bank reconciliation, auto-positive pay, stop payments, bank transfers, real-time balances, display pending transactions, and bank statements (document-processing dependency). The interface is expected to be available to TOPS clients by year-end 2017.
“We have collaborated with many industry-leading management company executives to learn what is important to them today, and TOPS responded,” said Cat Carmichael, CMCA, PCAM, Senior Vice President and Director of HOA & Property Management Banking at Pacific Premier Bank.
“Offering smart banking options is getting to the point where it’s no longer optional,” said Mike Hardy, President of TOPS Software. “Not only do they allow management companies to meet the needs of their clients, they also make life easier for management professionals.”
TOPS announced its development of the interface in a press release made yesterday. To view that press release click here.
About Pacific Premier Bancorp, Inc.
Pacific Premier Bancorp, Inc. (the “Company”) is the holding company for Pacific Premier Bank, one of the largest banks headquartered in Southern California with approximately $6 billion in assets. Pacific Premier Bank is a business bank primarily focused on serving small and middle market businesses in the counties of Orange, Los Angeles, Riverside, San Bernardino, San Diego, San Luis Obispo, and Santa Barbara, California. Through its more than 25 depository branches, Pacific Premier Bank offers a diverse range of lending products including commercial, commercial real estate, construction and SBA loans, as well as specialty banking products for homeowners associations and franchise lending nationwide.
For more about Pacific Premier Bank’s HOA, and Property Management banking solutions, visit www.ppbi.com/hoasolutions.
About TOPS Software
TOPS Software, the leader in Condominium and HOA management software solutions, is committed to providing modern technological solutions to the community association management industry. TOPS products are used by thousands of organizations to manage millions of homes across the United States. Learn more about TOPS at http://www.topssoft.com.
The statements contained herein that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on the Company. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of the Company. The Company cautions readers that a number of important factors could cause actual results to differ materially from those expressed in, or implied or projected by, such forward-looking statements. These risks and uncertainties include, but are not limited to, the following: the timing and successful development of competitive new products and services; laws and regulations, including governmental efforts to implement regulatory change; technological changes; changes in the competitive environment among financial and bank holding companies and other financial service providers; and the Company’s ability to manage the risks involved in the foregoing. Additional factors that could cause actual results to differ materially from those expressed in the forward-looking statements are discussed in the 2016 Annual Report on Form 10-K of Pacific Premier Bancorp, Inc. filed with the SEC and available at the SEC’s Internet site (http://www.sec.gov).