FARRAGUT and SHENANDOAH, Iowa and OLYMPIA, Wash., Aug. 3, 2004 (PRIMEZONE) -- The First National Bank today announced its selection of ET Financial Services to provide the bank with market-leading consumer loan origination systems and servicing infrastructure.
"We strive to provide our customers with a combination of the finest service and truly competitive pricing," said Kurt Henstorf, President & CEO, "Our customers deserve the very best and we work to make sure that we meet or exceed their expectations every day. Our partnership with ET will enable The First National Bank to compete very effectively and profitably against all the different firms looking to do financial business with our consumers in the three states we service.
"We are excited to be able to approve most loans in just seconds, either in our lobbies or across our website, and to make certain that our pricing fits our customer," he added. "The new ability to approve loans over the Internet helps extend our service culture to our customers' homes and offices. We're also very enthusiastic about the high-touch servicing infrastructure ET provides."
About The First National Bank
The First National Bank is an independent, locally owned community bank serving the interest of customers in Southwest Iowa, Northwest Missouri, and Southeast Nebraska. The bank was founded in Farragut in 1873 and received its national charter in 1903. It is committed to community service and to excellence in meeting the financial needs of its customers with assorted products, technical expertise, and exceptional personal service. Visit The First National Bank at www.fnbshen.com.
About Enhanced Technology Financial Services, Inc.
ET originates, services, collects and reports on private label consumer loans for community and mid-sized banks using its proprietary system and team. By combining ET's risk-related pricing and best-in-industry servicing, ET's client banks can generate higher margins and more volume with lower risk and less volatility, simultaneously. ET is headquartered in Olympia, Washington and markets its services to banks with assets up to $20 billion. Visit ET at www.etfinancialservices.com.
The Enhanced Technology Financial Services logo is available at: http://www.primezone.com/newsroom/prs/?pkgid=1124