De Novo Cypress Bank & Trust Selects CSI’s NuPoint® Core Platform to Provide Technology Foundation for Integrated Banking Services



PADUCAH, Ky .– (COMMERCIAL THREAD) – Cypress Bank & Trust, based in Palm Beach, Florida, a de novo bank serving the Florida markets, has selected Computer Services, Inc. (CSI) (OTCQX: CSVI) NuPoint® base platform as the backbone of its integrated banking services. The bank selected CSI, a supplier of end-to-end fintech and regtech solutions, for its shared commitment to service and its ability to integrate with existing systems.

Cypress Bank & Trust grew out of the Cypress Trust Company, which has established a solid client base and reputation through its 25 years of providing personalized trust and investment management services. CSI’s implementation of NuPoint will enable Cypress Bank & Trust to provide a full range of commercial and consumer banking services to new clients and to expand services to existing trust and investment management clients.

“Over the past 25 years, we have specialized in providing personalized trust services to meet the holistic needs of our clients,” said Dana Kilborne, President, CEO and Director of Cypress Bank & Trust. “To be successful in our expansion in banking services, it is imperative that we work with a vendor that has the technological advancements and a proven track record to support our initiatives. We believe that CSI will be a true partner in providing innovative solutions that will allow us to deliver the comprehensive banking and financial services products our customers expect. ”

CSI’s NuPoint is a flexible, cloud-based core banking system that provides banks with seamless integration and the ability to connect to third-party APIs. By leveraging CSI’s secure infrastructure and service, Cypress Bank & Trust will have the ability to effectively deploy customer-centric banking solutions that extend their footprint while streamlining backend processes. Cypress Bank & Trust will also take advantage of CSI’s integrated tools online and digital banking solutions to create a consistent and engaging customer experience across all channels.

“At CSI, our top priority is to deliver cutting-edge technologies and services that enable community banks to grow their businesses and innovate,” said Giovanni Mastronardi, Group President, CSI Enterprise Banking. “As a de novo, Cypress Bank & Trust has the opportunity to establish a modern technological base for its banking services. CSI is the perfect partner to help them realize this potential by providing advanced solutions and a laser focus on customer support.

About Computer Services, Inc.

Computer Services, Inc. (CSI) provides core processing, digital banking, managed cybersecurity, cybersecurity compliance, payment processing, print and electronic distribution, and regulatory compliance solutions to institutions financial and corporate clients, both foreign and domestic. Management believes that exceptional service, dynamic solutions and superior results are the basis of CSI’s reputation and has enabled the company to be included in top industry rankings such as IDC Financial Insights FinTech 100 , Talkin ‘Cloud 100 and MSPmentor Top 501 Global Managed Service Providers. . CSI was also recognized by Aite Group, an industry leading research company, as providing the “best user experience” in its 2019 AIM review: Leading Providers of Basic Banking Systems in the United States. In addition, CSI’s record of increasing its dividend each year for 49 years has earned it a designation as one of the “Dividend Aristocrats” in financial media. CSI shares trade on OTCQX under the symbol CSVI. For more information visit csiweb.com.

Click on here for more information on Cypress Bank & Trust.


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