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1998 Press Releases Premier Bancshares & nFront |
nFRONT SELECTED AS INTERNET SOLUTION PROVIDER BY PREMIER BANCSHARES
Premier to begin offering Internet banking to its more than 42,700 account customers in August
ATHENS, GA. (August 6, 1998) - nFront, Inc., the leading provider of full-service Internet banking for solutions for the community bank market and winner of Microsoft's Best Internet Banking Solution Award, announced today it has licensed its flagship product nHome to Premier Bancshares, Inc. Premier Bancshares, the third largest bank holding company headquartered in Georgia, has selected the nFront solution to add Internet banking to its comprehensive array of products and services.
"Premier Bancshares is a high performance, pro-active company that consistently creates products and services around the needs of our customers," said Chairman and Chief Executive Officer Darrell D. Pittard. "We are pleased to offer our customers the convenience of online banking as a complement to our expanding network of branches. Fulfilling our customers' needs would not be complete without offering online banking.
"The nHome solution is easy to use and compatible with the major personal financial software packages," continued Pittard. "We anticipate that our customers will enjoy the benefits of conducting their banking business whenever they like, wherever they have Internet access."
According to Chairman and Chief Executive Officer Tripp Rackley, nFront is committed to providing community-focused banks with superior software and the highest level of customer service and support at rates affordable for any size financial institution. "Our clients range from small deNovo banks up to $4.4 billion institutions, yet all maintain a community-based business philosophy. Regardless of size, we pledge to support each client bank relationship as a partner-with the same level of service and commitment they provide to their communities."
Premier Bancshares currently is undergoing testing of its Internet branch and will begin offering Internet banking services to its customers on August 24.
nHome
nHome, nFront's Microsoft NT-based Internet banking application, enables banking customers to open new accounts, apply for loans, view account balances and histories, pay bills, transfer funds, download images of cleared checks, customize reports, and download active statements into personal financial management packages at anytime, from any location, using any browser-enabled device such as personal computers and televisions. From the bank's perspective, nHome allows the bank to expand its reach to a broader market, primarily composed of the most profitable banking customers, while taking advantage of the least expensive delivery channel available today. Because customers are afforded greater access to and control over their account information, the bank's customer service overhead can ultimately be reduced. And, through the collection of data captured online, the bank can target specific customers for more efficient and effective cross-selling and marketing campaigns.
Premier Bancshares, Inc.
Premier Bancshares, Inc., with assets of $1.4 billion after pending consolidations, will have the following subsidiaries operating 42 offices: Premier Bank in metro Atlanta and St. Simons Island; Central and Southern Bank in Milledgeville and Greensboro, Georgia; and Premier Lending Corporation, a provider of residential mortgage loans and asset-based commercial finance loans to the metro Atlanta area; Mobile, Alabama; Charleston, South Carolina; and Jacksonville, Florida. Premier is traded on the American Stock Exchange under the symbol "PMB."
nFront
Founded in 1996, nFront, Inc. (www.nfront.com) is a leading provider of full service Internet banking solutions for community banks. Based in Athens, GA, nFront provides a turnkey solution offering development and implementation services, web site design, maintenance and hosting, customer service training and support, online transaction processing, and marketing consulting. nFront also is the recipient of Microsoft's Retail Banking Industry Solution Award for Best Internet Banking Solution.