FSI’s banking products are in the news.
As an innovator of quality data processing, item processing, and online products for the banking industry, Financial Services, Inc. often finds itself in the news. That’s to be expected; when you stand out, the spotlight generally falls on you. If you’d like to see what the company has been up to, or how some of our products have captured the imaginations of our clients and the press, just click on a headline…
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FSI AND PINNACLE TO MARKET ODP |
| GLEN ROCK, N.J., March 16, 2005 -- Financial Services, Inc. today announced it will partner with Pinnacle Financial Strategies to offer products for overdraft privilege to FSI’s thrift and commercial bank clients. Overdraft privilege is a program that increases fee income for financial institutions through expanded use of checking account overdrafts. FSI clients will be able to choose from several trademarked brands to market their own overdraft privilege programs. “By providing overdraft privilege to our customers, FSI clients will be able to increase non-sufficient funds (NSF) fee revenue, customer loyalty and retention, and incremental income in check printing and ATM fees,” said Jack Schunke, President and CEO of FSI. “We look forward to a strong and productive relationship with Pinnacle for many years to come.” “We are excited to partner with FSI to provide their clients products for overdraft privilege,” stated Joe Gillen, Pinnacle’s CEO. “This program provides a major revenue opportunity for financial institutions.” According to Pinnacle Chief of Staff Charles Baldridge, Pinnacle has completed more than 200 implementations of overdraft privilege with an average NSF fee income increase of 80 percent. ABOUT FINANCIAL SERVICES, INC. ABOUT PINNACLE FINANCIAL STRATEGIES |
