Anyone know who is providing bill pay for this bank?
Classic Bancshares, Inc. Announces Transactional Web Site With Home Banking and Bill Pay Services For Its Subsidiary Banks
ASHLAND, Ky., March 26 /PRNewswire - Classic Bancshares, Inc. (Nasdaq: CLAS), the bank holding company for Classic Bank, Ashland, KY and First National Bank, Paintsville, KY, announces the introduction of its transactional web site at www.bank-anywhere.com , www.classicbank.com , or www.firstnat.com . In addition to offering customers the ability to access their bank accounts, transfer funds, view statement history, apply for loans and pay bills, the site also offers shareholders and potential investors corporate information on Classic Bancshares through online viewing and downloading of annual reports, quarterly press releases and current stock quotes.
"Online banking and electronic bill pay services will give customers of our subsidiary banks greater control, convenience and choice of the delivery channels they demand from their financial institution," said David B. Barbour, President and Chief Executive Officer. "We have employed state-of-the-art technology to provide a secure platform for maximum flexibility so customers of our banks can have anytime, anywhere access to their accounts. The Internet access will complement our current dial-up PC product utilized by our business customers for cash management and further our goal of providing all segments of our customer base with the advantages of state-of-the-art technology, while enabling them to maintain comfortable relationships with local bankers they know and trust."
World Wide Web users of this service will access their accounts via a secure web browser such as Netscape Navigator or Microsoft Explorer utilizing industry-standard SSL protocol and RSA encryption capability to ensure secure transmission of data. Seven days, twenty-four hour customer services will be provided to customers using the online capabilities of the web site.
"This product introduction will put Classic Bancshares subsidiary banks in the first 15% of community banks in the nation to offer fully transactional web sites," continued David B. Barbour, "and offers the flexibility and convenience to our customers of banking anywhere, anytime."
Classic Bancshares, Inc. is headquartered in Ashland, Kentucky and has two subsidiaries, Classic Bank and First National Bank of Paintsville. Classic Bank operates at 344 - 17th Street, Ashland, Kentucky with two branch offices located in Boyd and Greenup counties. First National Bank of Paintsville, operates at 240 Main Street, Paintsville, Kentucky with one branch office located in Johnson County, Kentucky. Classic Bancshares, Inc. has entered into a Definitive Agreement to acquire Citizens Bank of Grayson, Kentucky with closing anticipated in the second quarter of 1999.
SOURCE Classic Bancshares, Inc.
/CONTACT: David B. Barbour, President and Chief Executive Officer, or
Lisah M. Frazier, Senior Vice President, Treasurer and Chief Financial Officer
of Classic Bancshares, Inc., 606-325-4789, Fax 606-324-1307/
/Web site: bank-anywhere.com /
/Web site: firstnat.com /
/Web site: classicbank.com /
(CLAS)
[Copyright 1999, PR Newswire]
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