"In order to grow our bank, we have extended beyond our traditional thrift foundation into a full-service bank, with a complement of small business and commercial offerings," said Richard Hurd, chief operating officer, PyraMax Bank. "Metavante's platform positions us to provide more robust products and services to grow our business. And, throughout the conversion process, we've been able to review business processes and workflows in order to better serve our existing clients."
Metavante provides PyraMax Bank with a comprehensive suite of banking and payment technology services through a long-term outsourcing agreement, including core account processing, integrated delivery channel support, such as branch, teller, VRU, and electronic banking, marketing and business analytics, and electronic funds transfer and card services.
"The depth and breadth of our Intergrated Banking Solution makes Metavante a provider who can support PyraMax Bank's current and future business strategies," said Paul Danola, president and chief operating officer, Metavante Financial Services Group. "Metavante and PyraMax Bank share a client-centric culture, which has made for an easy partnership. Whether it's our extensive network of client user groups, or the most basic communication of regular product release updates, our goal is to put our clients at the center of our mission, vision and values."
Metavante Banking Solutions offer the most comprehensive set of integrated products and services for financial services providers that are centered on customer and account management, specializing in deposit, loan and trust accounts. Two core processing products offer clients flexibility in choosing either a licensed or an outsourced solution: Bankway, which is run either in-house or in a hosted environment; or the Integrated Banking Solution, an outsourced platform. The Integrated Banking Solution includes core account processing, fully integrated delivery channels, business and marketing analytics, integrated payments, image, risk and compliance solutions, along with business and technology consulting. Bankway's core banking software uses a single customer-centric database to produce a broad range of customer and account information. Its flexible, open-system design allows for seamless connections to third-party delivery channels. Metavante Banking Solutions serve over 1,500 financial services providers, and is a leading deposit system for financial institutions ranging from community banks to the top 100 U.S. banks.