PADUCAH, Ky.--(BUSINESS WIRE)--Paducah, Kentucky-based Paducah Bank ($668 million in assets) has renewed its long-standing partnership with Computer Services, Inc. (CSI) (OTCQX: CSVI). The bank will continue to partner with CSI, a leading provider of financial technology solutions, as its core banking solution provider for another seven years.
“We are pleased to announce the extension of our working relationship with CSI,” said Mardie Herndon, Paducah Bank’s president and COO. “We have great respect for the leadership of CSI, the partners that service this commitment and the enhanced degree of strategic support provided to our organization. The continuation of this contract benefits our clients and ultimately the communities we serve.”
Paducah Bank rejoined CSI as a core processing customer in 2012, though the two organizations had worked together previously. The bank leverages CSI’s NuPoint®, a cloud-based core banking platform that offers scalable, efficient banking technology for improved work flows, reporting and access to customer information. Additionally, Paducah Bank utilizes several other CSI fintech solutions, including its treasury management tools and fully integrated digital banking platform. Since rekindling its relationship with CSI seven years ago, the bank has grown its assets organically by 26 percent through its focus on enhancing the customer experience for its retail and commercial clients.