Technology Opportunities for Community Banks Panel Overview B OB A - PowerPoint PPT Presentation

Technology Opportunities for Community Banks

Panel Overview B OB A MUNDSON , Senior Vice President and Chief Information Officer KleinBank, Chaska, MN • $1.5 billion in assets • 19 locations in Minnesota J ANET H OWE , Executive Vice President ANB Bank and Sturm Financial Group, Denver, CO • $1.9 billion in assets • 35 locations Colorado, Wyoming and the Kansas City area R ANDY R EMINGTON , Vice President and Chief Information Officer Bankers Trust Company, Des Moines, IA • $2.7 billion in assets • 21 locations in Iowa

Panel Areas of Focus B OB A MUNDSON • Business drivers affecting IT and strategic planning • Initiative to move towards several service providers • Approach for allowing customers to open accounts online J ANET H OWE • Innovative products offered by ANB Bank, including online and mobile banking, and remote deposit capture • Use of risk and fraud analytics systems to monitor customer transactions R ANDY R EMINGTON • Initiative to move to a single vendor platform • Approach for complying with regulations in the context of vendor management and implementing new products and services