$4.4 Billion First Bank Partners with CRMNEXT, Inc. to Transform Branches

Largest global CRM provider signs first U.S. community bank to automate customer journeys and create superior engagement across channels for effective, profitable marketing

AUSTIN, Texas--()--During the Future Branches 2017 conference, CRMNEXT, the largest global provider of CRM in financial services, announced that Southern Pines, North Carolina-based First Bank has selected its CRM solution to transform its branches.

With more than 300,000 customers across 95 locations, First Bank recognizes that the branch is evolving – not going away – and that to keep pace with this evolution and to deliver superior customer engagement requires blending innovative digital banking with personalized, human interactions. The only complete engagement solution available to financial institutions today, CRMNEXT will support the bank’s effort to transform its branches, provide outstanding customer experiences and execute effective, profitable marketing strategies.

According to Cathy Dudley, executive vice president at First Bank, “We believe that when customers have big financial questions, they want to talk to someone rather than chat over the phone with a support associate or send messages through an app. To better serve those customers who want that consultative support, the branch experience has to change and improve as well. This is the heart of what a community bank does: serve the customer quickly and on a personal level.”

CRMNEXT continues where traditional CRMs leave off, going beyond simply managing information to automate customer journeys and to transform engagement across channels. CRMNEXT currently empowers more than a million financial services organizations and supports a billion customers on its platform across the globe, reducing the average length of customer transactions by 90 percent, increasing employee productivity by 60 percent, and contributing an increase of as much as 40 percent to bottom line revenue.

Dudley continued, “We were searching for a CRM system that would provide First Bank’s associates with the tools to have better conversations, but many solutions on the market today do not support that effort. CRMNEXT is the only comprehensive solution that does it all, and we’re excited to partner with them to enable our staff to focus more on our customers and differentiate our service from other banks.”

Historically, financial institutions have operated through silos with multiple CRM systems to manage different areas. This approach no longer works. Supporting the largest installations of CRM in the world, CRMNEXT effectively recalibrates financial institutions’ potential to grow engagement, drive profitability and deliver innovation. CRMNEXT transcends the current CRM definition, unifying the support of customer interactions, simplifying and automating processes, managing differentiated experiences in every channel, and pioneering a new universal banker approach to customer service and sales.

“Improving the customer experience tops the list for many organizations when setting competitive differentiators, especially for banks. But all too often, banks fail in doing so because they’re primarily focused on uncovering operational efficiencies and digitizing interactions,” said Joe Salesky, CEO of CRMNEXT, Inc. “A great customer experience is about eliminating the artificial barriers between human and digital channels, and enabling world class, personalized interactions – both online and at the branch. While digital has been a main focus to better attract and engage customers, the overall customer experience has suffered. First Bank is leading the charge to change this. As the first U.S. community bank to partner with CRMNEXT, they are setting new expectations for how financial institutions must engage with customers to be innovative and profitable, and we look forward to being a part of that journey.”

About First Bancorp

First Bancorp is the holding company for First Bank and is headquartered in Southern Pines, North Carolina. The company currently operates 95 bank branches, with 89 branches operating in North Carolina and six branches in South Carolina (Cheraw, Dillon, Florence and Latta). A full-service community bank, First Bank provides best-in-class financial solutions, advice and technology to manage a home or business. Since 1935, First Bank has taken a tailored approach to banking, combining a range of cutting-edge digital tools with helpful local expertise. First Bancorp’s common stock is traded on the NASDAQ Global Select Market under the symbol FBNC. Visit our website at www.LocalFirstBank.com. Member FDIC, Equal Housing Lender.

About CRMNEXT

CRMNEXT is the leading global CRM solution provider in financial services. A Gartner Magic Quadrant company, CRMNEXT picks up where traditional CRMs leave off. It eliminates the artificial barriers between human and digital channels, automating processes to enable world-class, omnichannel customer interactions from a single, unified platform; pioneering support for both advanced digital banking and a new "universal banker" approach to customer service and sales. With more than one million bankers and one Billion customers globally, CRMNEXT effectively recalibrates banks’ potential to grow engagement, quality, profitability, service and innovation. For more information, visit www.crmnext.com.

Contacts

For CRMNEXT
Rahul Sheth, +91-916-77-99341
rahul.r.sheth@crmnext.com
or
Mallory Wilkerson, 678-781-3076
mwilkerson@williammills.com

Contacts

For CRMNEXT
Rahul Sheth, +91-916-77-99341
rahul.r.sheth@crmnext.com
or
Mallory Wilkerson, 678-781-3076
mwilkerson@williammills.com