ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Movement Bank Seeks New Technologies to Support the Underserved through CSI’s NuPoint® Core Platform

Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end fintech and regtech solutions, announced that Virginia-based Movement Bank has selected its NuPoint® core platform to provide customers with integrated, reliable core banking services.

Movement Bank, with locations in Virginia and the Carolinas, focuses on serving communities that have historically faced difficulties accessing financial resources. Throughout the bank's rich history, Movement Bank has remained a pillar in its communities by supporting entrepreneurs, financing churches and even playing an important role in the civil rights movement. The bank turned to CSI to gain integrated technologies that will empower it to build upon its 100-year legacy of service. Along with innovative core banking services, Movement executives cited CSI’s commitment to customer service as a key factor in their decision.

“The process of searching for a new core was rigorous and we evaluated multiple vendors,” said David Rupp, president of Movement Bank. “CSI stood out as having the best integrated platform coupled with the highest service level. We are excited to transition to the NuPoint platform and believe CSI will be an outstanding partner for us as we continue to grow and broaden our impact.”

Movement Bank will also utilize CSIbridge to keep pace with fast-changing technologies in its markets. CSIbridge provides simple and secure access to a host of open banking APIs, allowing third-party providers to connect real-time data to CSI’s core.

“At CSI, we are dedicated to delivering the technology advancements and customer service that empower our community financial institution customers to achieve their individualized goals,” said Giovanni Mastronardi, group president, CSI Enterprise Banking. “We are pleased to partner with Movement Bank and provide them with an integrated core banking platform to drive their success in a digital-first world and enable them to serve their customers with the best possible technology for managing their finances.”

About Computer Services, Inc.

Computer Services, Inc. (CSI) delivers core processing, digital banking, managed cybersecurity, cybersecurity compliance, payments processing, print and electronic document distribution, and regulatory compliance solutions to financial institutions and corporate customers, both foreign and domestic. Management believes exceptional service, dynamic solutions and superior results are the foundation of CSI’s reputation and have resulted in the Company’s inclusion in such top industry-wide rankings as IDC Financial Insights FinTech 100, Talkin’ Cloud 100 and MSPmentor Top 501 Global Managed Service Providers lists. CSI has also been recognized by Aite Group, a leading industry research firm, as providing the “best user experience” in its AIM Evaluation: The Leading Providers of U.S. Core Banking Systems. CSI’s stock is traded on OTCQX under the symbol CSVI. For more information, visit csiweb.com.

About Movement Bank

Movement Bank exists to love and serve people with a Purpose Bigger Than Banking. Founded in 1919 to bank the underserved community in segregated Danville, Virginia, Movement Bank continues this mission in the 21st century. The bank offers a comprehensive suite of products and services, including checking, savings, money market, and certificates of deposit for individuals and businesses. It also supports educational and community investment initiatives through the nonprofit Movement Foundation. For more information, visit movementbank.com.

Contacts

Laura Sewell

For CSI

270-349-9212

Haleigh Tomasek

For CSI

678-781-7208

Recent Quotes

View More
Symbol Price Change (%)
AMZN  229.11
-3.27 (-1.41%)
AAPL  280.70
-3.45 (-1.21%)
AMD  215.98
-1.62 (-0.74%)
BAC  54.16
+0.07 (0.13%)
GOOG  318.39
-2.23 (-0.70%)
META  661.53
+21.93 (3.43%)
MSFT  480.84
+3.11 (0.65%)
NVDA  183.38
+3.79 (2.11%)
ORCL  214.33
+6.60 (3.18%)
TSLA  454.53
+7.79 (1.74%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.