Florida’s Cypress Bank & Trust Selects CSI’s NuPoint Core Banking System
Cypress Bank & Trust, a Florida start-up bank, selected the NuPoint core banking platform provided by US banking technology provider Computer Services Inc (CSI).
The bank was originally founded as a boutique corporate trust in 1996. It became a bank and trust in August 2021 and now offers a wide range of personal and corporate banking services, in addition to trust and investment management.
“To be successful in our expansion into banking services, it is imperative that we work with a provider that has the technological advancements and proven track record to support our initiatives,” said Dana Kilborne, CEO of Cypress Bank & Trust.
“We are confident that CSI will enable us to provide the comprehensive banking and financial services that our customers expect.”
CSI says its cloud-based core banking system will allow the bank to deploy new customer-centric banking solutions and connect to third-party APIs, while simplifying its back-end processes.
Cypress Bank & Trust will also implement the provider’s integrated online and digital banking solutions.
CSI Corporate Banking Group Chairman Giovanni Mastronardi said CSI’s technology and services “enable community banks to grow their business and innovate.”
“As de novo, Cypress Bank & Trust has the opportunity to establish a modern technological foundation for its banking services.”