SOURCE: BancVue

May 06, 2008 09:00 ET

BancVue Endorsed by Sheshunoff Management Services

Approval Highlights the Value of BancVue's REWARDChecking® Solution

AUSTIN, TX--(Marketwire - May 6, 2008) - BancVue, an innovative financial services provider for community banks and credit unions, today announced that Sheshunoff Management Services, a leading provider of consulting and technology services to the financial industry, has officially endorsed BancVue's REWARDChecking® program as the most comprehensive solution for increasing profitability at community financial institutions.

"During the continuous process of seeking new and valuable solutions for the financial industry, Sheshunoff identified BancVue's REWARDChecking system as a superior solution with a proven track record," said Tom Vleisides, Sheshunoff Managing Director of Sales. "We believe the key to profitability in today's banking environment is the acquisition of additional profitable accounts and that the BancVue solution is the best in breed and most comprehensive solution in this space."

BancVue's REWARDChecking is helping hundreds of financial institutions across the country add millions of new deposits and thousands of new customers while lowering the total cost of funds. This innovative product helps financial institutions fuel deposit growth by attracting affluent, tech-savvy consumers. REWARDChecking account holders have been shown to keep higher balances, generate greater fee income and use more electronic services than the average checking account client. They are also more profitable than free checking account holders and stay with their financial institution on average 70% longer.

Sheshunoff Management Services is recognized as a leader in assisting financial institutions improve their bottom-line and gain competitive strength by identifying best practices and offering consultant expertise in the financial industry.

"We are excited and honored to be recognized by Sheshunoff Management Services," said Gabriel Krajicek, BancVue CEO. "Our mission is to help community financial institutions compete, capture, and keep deposits and consumers in their market. REWARDChecking has provided our clients a critical tool to help them battle the mega and net banks for deposit growth."

For more information about REWARDChecking, contact BancVue at (877) 342-2557 or email sales@bancvue.com.

About BancVue

BancVue is passionately dedicated to empowering community financial institutions to dominate their market. BancVue's REALChecking™ system provides innovative and proven checking accounts that improve profitability, increase core deposits, and deliver new consumers. Each REALChecking product is implemented with BancVue's REALResults™ solution that combines experience driven consultation, technology integration, proven marketing tactics and materials, launch support, and training that ensures each product's success. For more information, visit http://www.bancvue.com.

About Sheshunoff Management Services

Sheshunoff Management Services is the industry leader in providing consulting expertise and advisory services to financial institutions of all sizes. Whether you are looking to grow through a merger or acquisition, need to improve efficiencies or want to achieve higher levels of performance and profitability, SMS can guide you to your best results.

Contact Information

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