Legacy Bank Deploys LendingTools.com Remote Deposit Capture
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WICHITA, Kan., Jan. 14 - LendingTools.com, a leading application service provider (ASP) for correspondent institutions serving community banks, announced today that Legacy Bank, based in Wichita, Kansas, has licensed LendingTools.com's ExtraNet RDC service to provide comprehensive remote deposit capture services to their customers. Legacy Bank, a recognized strong community bank, has served the financial needs of the greater Sedgwick County, Kansas, area communities for over 120 years.
"Legacy Bank keeps a watchful eye out for proven, strong financial service offerings that can benefit its customers," said Elizabeth Wager, Vice President of Operations for Legacy Bank. "We have examined the available options and as our customers began to demonstrate interest in remote deposit services, we selected LendingTools.com. They have an excellent product and strong roots in community bank servicing."
ExtraNet RDC will be marketed by Legacy Bank under the name Remote Deposit Capture. Companies using Remote Deposit Capture often site convenience and personnel security as major benefits in using the new technology. Familiarity time to be proficient with Remote Deposit Capture is typically measured in minutes rather than the hours or days for some data processing systems. Legacy Bank customers may order check scanners through a fulfillment web site that is also supplied by LendingTools.com under the agreement.
"America's banking underpinnings are the thousands of community financial institutions across the country," said Eric Goering, President and CEO of LendingTools.com. "They are the bedrock of support for small and medium businesses of all types. LendingTools.com is dedicated to supporting payments systems for community banks and establishing private correspondent banking environments with their service providers."
About LendingTools.com
LendingTools.com, Inc. specializes in the design and delivery of web-based applications for the financial services industry and delivers them through correspondent processing organizations. Its OnWe Network provides a low cost option for community bank image exchange through a series of OnWe Network Community Hosts. Over 2,000 financial institutions utilize one or more LendingTools.com services daily to originate and process ACH, wire, and imaged check transactions valued in excess of one billion dollars. LendingTools.com, Inc. is a privately held Kansas corporation, and was founded by and is operated by bankers. LendingTools.com maintains two offices and data centers in Kansas and an office in Dallas, Texas. Please visit www.lendingtools.com/ and www.onwe.com/ for more information.
About Legacy Bank
Since 1886, Legacy Bank has been recognized as a strong community bank serving the financial needs of the greater Sedgwick County area communities. Frank A. Suellentrop is the Bank's fourth generation chairman and president. Legacy Bank is guided by a rich heritage built on integrity, honesty and sound business practices. Our commitment to serving the community and providing outstanding service and a wide range of financial products to our customers is key to our success. Local ownership and a strong management team provide the tools needed to enhance our customers' lives and help business partners grow and succeed. We are recognized throughout Wichita and the surrounding communities for our strength in commercial and real estate lending. Legacy Bank is a subsidiary of Colwich Financial Corporation. http://www.legacy-bank.com/
Source: LendingTools.com
CONTACT: Larry Best, Chief Marketing Officer of LendingTools.com,
+1-316-239-3404, LBest@LendingTools.com
Web site: www.lendingtools.com/
http://www.legacy-bank.com/
http://www.onwe.com/
