SPARAK: According to the company ATLANTA, Aug. 26, 2005 — Six more banks have agreed to use Harland Financial Solutions’ SPARAK System(r) in-house core banking solution. John H.
Harland Company’s Harland Financial Solutions, Inc. is a wholly-owned subsidiary (NYSE: JH). Currently, the SPARK System serves 294 clients across the United States.
Liberty Bell Bank of Cherry Hill, New Jersey, recently expanded its current partnership with the financial services vendor by signing an agreement to process using the SPARAK System.
Liberty Bell Bank of Cherry Hill, New Jersey, has $79 million in assets. The bank, specializing in commercial financing and retail banking, stresses high-tech banking and getting to know its customers through technology.
SPARAK Company Profile
Table of Contents
Harland Financial Solutions’ Laser Pro(r), Deposit Pro(r), Sales Pro(r), CheckQuest(r), CaptureQuest(r), and the Retrieve in-house check printing system are also used by Liberty Bell.
Liberty Bell will take advantage of the SPARK System’s easy integration of its core system with various other products, resulting in increased operational efficiency.
Farmer’s Trust & Savings Bank, which is 91 years old, has extended its connection with Harland Financial Solutions by agreeing to use the SPARK System. The bank, which has $115 million in assets and is based in Buffalo Center, Iowa, will convert in October 2005.
The bank will use CheckQuest for item processing and CaptureQuest for electronic document management in conjunction with the SPARK System.
The bank chose Harland Financial Solutions because of their current relationship and the assurance that they will receive exceptional service. By switching to the SPARK System, the bank will move from manual to electronic procedures, resulting in significant cost savings and improved customer service.
The Alliance Development Fund of Colorado and the State Bank of Wheaton in Minnesota are not new to dealing with Harland Financial Solutions, even if they are new to using the SPARAK System. Alliance Development Fund uses financials.
Center (TM) for loan processing in addition to BankServ, and The State Bank of Wheaton uses Harland checks, Deposit Pro, and Laser Pro, as well as CheckQuest as part of its new deal. The Bank of Alapaha in Alapaha, Georgia, and Janesville State Bank in Janesville, Minnesota, are two new SPARAK System clients.
Bill Zayas, senior vice president and general manager of the SPARK System, said, “This comprehensive core system is a perfect fit for community banks aiming to increase productivity and improve customer service.
The SPARAK System, in conjunction with the Harland Financial Solutions family of products, provides industry-leading integration, enabling an institution to develop a holistic solution based on its unique needs and business objectives.”
Harland Financial Solutions is a company that provides financial services.
Harland Financial Solutions (www.harlandfinancialsolutions.com) provides software and services to more than 6,000 financial institutions of all sizes, with solutions available both in-house and through service bureaus.
Core systems, item processing, payment processing, electronic document management, financial accounting systems, electronic documents, deposit & loan origination.
Customer relationship management, compliance training, branch automation, check & MICR printing, mortgage lending, and solutions consulting are all services provided by Harland Financial Solutions.
About Harland
The New York Stock Exchange lists Atlanta-based John H. Harland Company (NYSE: JH) (www.harland.net) under the symbol “JH.” Harland is a significant producer of financial institution software and printed products.
Harland’s software products are deposit and loan origination, platform, teller, call-center, mortgage, business intelligence, core systems, and customer relationship management systems. Checks, direct marketing, and banking firms are among Harland’s printed products.
Scantron Corporation (www.scantron.com), a wholly-owned company, is a prominent provider of software services and systems to the financial, commercial, and educational markets for data gathering, management, and interpretation.
There are assertions in this press release that could be considered “forward-looking statements.” These statements include comments about John H.
Harland Company and its respective management’s intent, belief, or present expectations, as well as the assumptions upon which such statements are based.
Prospective investors should be aware that any forward-looking statements are not promises of future performance and are subject to risks and uncertainties and that actual outcomes may differ considerably from those projected in the forward-looking statements.
The Risk Factors and Cautionary Statements sections of Harland’s Form 10-K and Form 10-Q issued under the Securities Exchange Act are referred to.
Also Read:
