Contact Information: Contact: Dan Mahoney www.csg-pr.com 970.405.8060
Surge in Consumer Acceptance Pushes REALChecking Accounts Past Million-Customer Mark
REALChecking Deposits Top $10 Billion as Consumer Migration From Megabanks Continues
| Source: BancVue
AUSTIN, TX--(Marketwire - June 11, 2009) - BancVue, a leading provider of products and
consulting to community banking institutions, today announced that one
million customers have signed up for its innovative REALChecking® system
of products.
Austin-based BancVue is now serving more than 600 community banks and
credit unions representing some 4,500 branches around the country. The firm
reports its partner institutions are opening a new REALChecking® account
every 47 seconds, 24 hours a day, seven days a week.
"BancVue's mission is, and has been since we started in 2003, to better
equip our partners in the war against the big banks," said Don Shafer,
Chairman of BancVue. "In a time where consumers are demanding more from
their banking relationships, our clients are uniquely prepared to offer
them the account they desire with the personal service they deserve."
Much more than a simple software solution, BancVue's REALChecking is a
complete system for community institutions that offers proven DDA products,
marketing, compliance guidance, software implementation, employee training
and support, monthly reporting, mystery shopping, ongoing consultation, and
a profitability guarantee.
REALChecking products are developed around BancVue's broad qualitative and
quantitative consumer research. The end result is a dynamic system of
products that directly address a community bank's key business needs by
growing core deposits, generating non-interest income, driving customer
growth, and retaining customers. With REALChecking, a financial institution
can literally launch an inventive, new product every eight months.
"The REALChecking system is reinvigorating community financial institutions
across the country," said Shafer. "The tide is turning as consumers are
demanding more from their banking relationships. I see a bright future for
our industry where local institutions are once again considered premier
providers in their communities"
For more information on community banks and credit unions that offer high
interest checking accounts, visit www.checkingfinder.com.
About BancVue
BancVue is the leading provider of innovative products, marketing, and
consulting solutions to community financial institutions nationwide.
Serving over 600 community banks and credit unions around the country,
BancVue's solutions allow these institutions to compete and win in the war
against the megabanks and net banks. Community financial institutions
benefit from the development and implementation of BancVue's innovative
products, including REALChecking®, a system of innovative products,
superior marketing, and data-driven consulting designed to empower
community financial institutions. For more information on BancVue, visit
www.bancvue.com.