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FOR IMMEDIATE RELEASE
Sterling Savings Bank Chooses Goldleaf for Teller Deposit Automation
---Leading Pacific Northwest Commercial Bank Eyes Financial Benefits, Uses Process Improvement to Better Serve Customers---
ATLANTA--(BUSINESS WIRE)--Goldleaf Financial Solutions, Inc. (NASDAQ:GFSI), a
provider of integrated technology-based solutions designed to improve the
performance of financial institutions, today announced that Sterling Savings
Bank – a subsidiary of Sterling Financial Corp. and a leading commercial bank in
the Western U.S. – is implementing Goldleaf’s Sierra Xpedite® teller deposit
automation solution, along with Sierra Xchange® unified payments gatewayTM.
The live deposit automation rollout – which spans 170 branches – is part of
Sterling’s “continuous improvement business strategy” to increase revenue,
reduce costs and enhance customer service by truncating paper checks and
eliminating paper at the first point of presentment. The complete end-to-end
software solution features seamless integration of Goldleaf’s patented teller
deposit automation functionality with Sterling’s S1 FSB teller, Open Solution’s
core processing platform and Orbograph’s IQUA and image recognition.
“Sterling Savings Bank is one of a growing contingent in the U.S. of
financial institutions that grasp the interconnections between process
improvement, customer service and the balance sheet,” said Brian Geisel, EVP and
general manager of Goldleaf’s Enterprise Payments Division. “Goldleaf’s deposit
automation solutions will complement Sterling’s growth initiatives by
strengthening Sterling’s systems integration, driving savings and efficiency
into its deposit processes and enabling a new level of enhanced customer
service.”
Kade Peterson, SVP and banking support director at Sterling Savings Bank,
agrees. “We were looking for a solution that would improve our customer
experience at the branch while meeting our Check 21 objectives of capturing and
clearing checks intra-day. This would substantially reduce our IP expenses.
Goldleaf provided a platform that deeply integrated with our teller system to
accomplish those goals.”
About Sterling
Located in Spokane, WA, Sterling Savings Bank has 170 full-service branches
located throughout Washington, Idaho, Oregon, Montana and California. The
Washington-state chartered commercial bank, which opened in 1983 as a stock
savings and loan association, has $12 billion in assets and more than 2,700
employees. Sterling Financial Corporation is a bank holding company, of which
the principal operating subsidiaries are Sterling Savings Bank and Golf Savings
Bank. Sterling Savings Bank is a Washington State-chartered, federally insured
commercial bank, which opened in April 1983 as a stock savings and loan
association. Sterling Savings Bank, based in Spokane, Washington, has financial
service centers throughout Washington, California, Oregon, Idaho and Montana.
Through Sterling Savings Bank's wholly owned subsidiaries, Action Mortgage
Company and INTERVEST-Mortgage Investment Company, it operates loan production
offices throughout the western region. Sterling Savings Bank's subsidiary Harbor
Financial Services provides non-bank investments, including mutual funds,
variable annuities and tax-deferred annuities and other investment products
through regional representatives throughout Sterling Savings Bank's branch
network.
About ProfitStars
ProfitStars, a division of Jack Henry & Associates, Inc., provides
best-of-breed solutions that improve the performance of financial institutions
of all asset sizes and charters, and diverse corporate entities. These solutions
facilitate revenue and growth, risk mitigation and control, and cost control;
and complement virtually any core information processing platform. Additional
information is available at www.profitstars.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (NASDAQ: JKHY) is a leading provider of
computer systems and ATM/debit card/ACH transaction processing services
primarily for financial services organizations. Its technology solutions serve
more than 11,800 customers nationwide, and are marketed and supported through
three primary brands. Jack Henry Banking(TM) supports banks ranging from
de novo to mid-tier institutions with information and transaction processing
solutions. Symitar(TM) is the leading provider of information and
transaction processing solutions for credit unions of all sizes.
ProfitStars(R) provides highly specialized products and services that
enable financial institutions of every asset size and charter, and diverse
corporate entities to mitigate and control risks, optimize revenue and growth
opportunities, and contain costs. Additional information is available at www.jackhenry.com.
Statements made in this news release that are not historical facts are
forward-looking information. Actual results may differ materially from those
projected in any forward-looking information. Specifically, there are a number
of important factors that could cause actual results to differ materially from
those anticipated by any forward-looking information. Additional information on
these and other factors, which could affect the Company's financial results, are
included in its Securities and Exchange Commission (SEC) filings on Form 10-K,
and potential investors should review these statements. Finally, there may be
other factors not mentioned above or included in the Company's SEC filings that
may cause actual results to differ materially from any forward-looking
information.
SOURCE Jack Henry & Associates, Inc.
http://www.jackhenry.com

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