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Southwest's Largest Private Bank Chooses NetDeposit for Remote Deposit Capture Solution
1st National Bank Holding Co. to Deploy Full Feature, Hosted Service
Salt Lake City, Utah — February 22, 2006— NetDeposit, Inc. (www.netdeposit.com), an innovator in Check 21 software and the leading provider of remote deposit capture software for the financial industry, today announced that 1st National Bank Holding Co., the Southwest’s largest privately-held bank, has selected NDpro Managed Services as its remote deposit capture solution. NetDeposit’s full-feature, hosted offering, NDpro Managed Services enables the bank to quickly deploy the industry’s leading remote deposit technology NetCapture Business. The bank expects to make this service available to its clients immediately.
1st National Bank Holding Co. operates retail institutions 1st National Bank of Arizona, 1st National Bank of Nevada and 1st Heritage Bank in Southern California. In addition, it is also a major commercial lender in its markets as well as a mortgage lender in 49 states.
“As a privately-held, family-owned bank operating in multiple segments, we rely on enterprise-wide technology solutions to create efficiencies for ourselves and customers. We’re excited to deploy NetDeposit’s remote capture solution,” said Gary Dorris, 1st National Bank’s president and chief operating officer. “Using NDpro Managed Services as a platform, 1st National Bank is customizing a series of products to bring our unique ’heritage banking’ philosophy to the remote capture process.”
“1st National Bank Holding Co. is recognized as a leader within its core markets. We are pleased to help them fulfill their client service mission, by providing them with the industry’s best solution to help customers manage check deposits and speed clearance and funding,” said Danne Buchanan, NetDeposit CEO.
By selecting the NDpro Managed Services solution, each bank is able to offer a full scale solution, without the time and capital expenditures often associated with integration into a bank’s existing infrastructure platform. NDpro Managed Services includes application hosting, installation, configuration and onsite training for banks; cash letter and IRD clearing options, ongoing application and hardware administration, maintenance, monitoring, 24/7/365 support and disaster recovery.
About 1st National Bank Holding Company
1st National Bank Holding Company is the largest privately-owned bank in the Southwest and one of Arizona’s fastest growing companies. Headquartered in Scottsdale, Arizona, it has more than 2,000 employees and combined assets in excess of $3.5 billion. The company operates retail banks under the 1st National Bank name in Arizona and Nevada and under the 1st Heritage Bank name in Southern California. The company is also a commercial lender in its core markets and a mortgage lender in 49 states. More information at: www.fnbaonline.com.
About NetDeposit, Inc.
NetDeposit, Inc. is leading a revolution in the way check payments are processed. More money changes hands through checks than any other form of payment and NetDeposit is changing how financial institutions compete for customers. NetDeposit solutions enable financial institutions to evolve their operations by replacing manual check handling with distributed capture and electronic image processing. Since its founding in 1999, NetDeposit has led the market in the number of remote capture locations and processed millions of checks for top international banks and regional U.S. financial institutions. NetDeposit is a subsidiary of Zions Bancorporation (NASDAQ:ZION). For information call (801) 273-6067, email pressrelations@netdeposit.com or visit www.netdeposit.com.
NetDeposit is a registered trademark. NetConnect, NetCapture, NDpro, and Decision Gateway are trademarks of NetDeposit, Inc., Salt Lake City, UT. All other brand and product names are registered trademarks, trademarks or servicemarks of their respective holders and are gratefully acknowledged. All specifications subject to change without notice.
Media Contact:
Mary Hockridge
NetDeposit
mary.hockridge@netdeposit.com
650-638-3746