ATLANTA, June 22, 2005 (PRIMEZONE) -- First Community Bank, NA, of San Benito, Texas, has selected Harland Financial Solutions' Phoenix System to fulfill its bank core processing needs, both companies announced today.
The bank has chosen to outsource the operation of the system through Harland Financial Solutions' Enterprise Services Center in Cincinnati, Ohio. The Phoenix System is also used by many Harland Financial Solutions clients in an in-house configuration.
First Community Bank, which has assets of $118 million, has been an integral part of the San Benito and Harlingen communities since it was first chartered in 1979. The commitment of the bank to provide exceptional service to the members of its community has helped First Community Bank become the premier independent community bank for the Rio Grande Valley of South Texas. First Community Bank currently has five branches, serving the communities of Harlingen, San Benito and Los Fresnos.
First Community Bank chose the Phoenix System because of its advanced technology, including the ease of integrating the bank's existing third-party systems into the Phoenix System using PhoenixXM middleware; the open source architecture of the system; and Harland Financial Solutions' strong reputation in the marketplace.
"We are excited about the open source technology of the Phoenix System and look forward to implementing a fully integrated banking solution for all the third-party platforms that we operate within the bank," said Robert B. Dunkin II, chief financial officer of First Community Bank. "After looking at a number of alternatives we chose the Phoenix System because we believe that the functionality, flexibility and efficiencies the system provides will allow us to differentiate ourselves within the marketplace and allow us to out-perform our competitors by providing better products and services for our customers."
"We are glad that First Community Bank has selected the Phoenix System," stated Bill Zayas, senior vice president and general manager of Harland Financial Solutions' Bank Core Systems Group. "The bank's focus on using technology to grow its business parallels our direction in meeting the needs of the community bank marketplace."
About First Community Bank, NA
First Community Bank is Cameron County's oldest chartered independently owned bank. For over twenty-five years, the bank has been committed to their vision of being an independent financial leader serving the community, its families and businesses. Offering the highest quality financial services and products, First Community Bank strives to be the premier independent community bank in the Rio Grande Valley of South Texas.
About Harland Financial Solutions
Harland Financial Solutions (www.harlandfinancialsolutions.com) supplies software and services to thousands of financial institutions of all sizes, offering its solutions in both an in-house and service bureau environment. Harland Financial Solutions is a leader in core systems, item processing, payment processing, electronic document management, financial accounting systems, electronic documents, deposit & loan origination, customer relationship management, compliance training, branch automation, mortgage lending, and solution consulting.
About Harland
Atlanta-based John H. Harland Company (NYSE:JH) (www.harland.net) is listed on the New York Stock Exchange under the symbol "JH." Harland is a leading provider of software and printed products to the financial institution market. Harland's software solutions include, deposit & loan origination, platform, teller, call-center, mortgage, business intelligence, core systems and customer relationship management systems. Harland's printed products offerings include checks, direct marketing and financial forms. Scantron Corporation (www.scantron.com), a wholly owned subsidiary, is a leading provider of software services and systems for the collection, management and interpretation of data to the financial, commercial and educational markets.
This press release contains statements, which may constitute "forward-looking statements." These statements include statements regarding the intent, belief or current expectations of John H. Harland Company and members of its respective management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties and that actual results may differ materially from those contemplated by such forward-looking statements. Reference is made to the Risk Factors and Cautionary Statements in Harland's Form 10-K and Form 10-Q filed under the Securities Exchange Act.