Movement Bank Seeks New Technologies to Support the Underserved through CSI’s NuPoint® Core Platform
PADUCAH, KY (July 28, 2022) — 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 innovative financial technology and regulatory compliance solutions to financial institutions and corporate customers across the nation. Through a combination of expert service, cutting-edge technology and a customer-first mentality, CSI excels at driving businesses forward in a rapidly changing industry. CSI’s expertise and commitment to authentic partnerships has resulted in the company’s inclusion in such top industry-wide rankings as the FinTech 100, American Banker’s Best Fintechs to Work For and MSPmentor Top 501 Global Managed Service Providers List. CSI’s stock is traded on OTCQX under the symbol CSVI. For more information about CSI, visit www.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.
