Digital Insight will provide a suite of consumer internet banking, business banking and bill payment services to serve the bank’s current customer base, as well as provide a platform for its expansion plans.
Working with Digital Insight will allow us to provide our customers with best-of-breed online products and services in English, Chinese and Spanish, while helping position MetroCorp for growth through the online channel. This will allow our business development, branch and lending officers to expand and capture additional business opportunities, said MetroCorp president, CEO and executive vice chairman George Lee.
In addition, Harland Financial Solutions will provide risk management services through CreditQuest, its end-to-end commercial credit management system that brings origination, financial analysis, underwriting, documentation and executive reporting together in a single, streamlined workflow.
Since its acquisition in 2005 of Metro United Bank (formerly known as First United Bank), MetroCorp has more than doubled the number of locations, by acquiring a new branch, and by adding a loan production office in San Mateo and executive offices in the City of Industry, both of which are expected to become full service branches. In addition, MetroCorp intends to open another branch in San Francisco in the first quarter of 2007.
Our relationships with Digital Insight and Harland will equip us to optimize the efficiency of our branches to serve a wider range of customers both geographically and demographically. We anticipate that the first phase of our systems conversion in Texas will allow us to offer some new services and products during the first quarter of 2007, commented Mr Lee.