Metavante Renews Financial Technology Contracts
Thursday February 27, 9:36 am ET
MILWAUKEE, Feb. 27 /PRNewswire/ -- Metavante® Corporation, the financial technology subsidiary of Marshall & Ilsley Corporation (NYSE: MI - News), today announced multi-year contract renewals for its comprehensive suite of bank outsourcing solutions with numerous clients. In 2002, Metavante had a total of 35 long-term contract renewals with banks that will continue to receive products and services from the Metavante comprehensive suite of bank outsourcing solutions.
Some of the key clients to renew contracts during the third and fourth quarter of 2002 include the following financial institutions; listed by region:
-- Southeastern region: Sarasota Bank, Sarasota, Fla.; Community National Bank of Sarasota County, Venice, Fla.; BankAtlantic, Fort Lauderdale, Fla.; and Mellon United National Bank, Miami.
-- Eastern region: Salem Five, Salem, Mass.
-- Midwestern region: Portage County Bancshares, Almond, Wis.; Bank of Sun Prairie, Sun Prairie, Wis.; Calumet County Bank, Brillion, Wis.; The First State Bank, New London, Wis.; Peshtigo National Bank, Peshtigo, Wis.; Wood County National Bank, Wisconsin Rapids, Wis.; Lasco Development Corporation, Marquette, Mich.; and Iowa First Bancshares Corp., Muscatine, Iowa.
"The number of clients that choose to renew their contracts is significant for us because it indicates the high degree of confidence and satisfaction our existing clients have in our products and services, and also in our level of service," said Jamie Geschke, senior vice president and general manager, Metavante Financial Technology Services. "Metavante is committed to meeting our clients' needs by offering superior customer care and the best, most innovative technology solutions available today to assist them in successfully competing within their marketplace. . ."
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