Texas United Bancshares Selects Fidelity National Information Services' HORIZON(TM) and ImageCentre(TM) Solutions
March 13 2006 - 3:05PM
PR Newswire (US)
Holding Company Sought a Single Source for Complete Technology
Solutions Including Core Processing, Check Imaging, Online Banking,
EFT and More JACKSONVILLE, Fla., March 13 /PRNewswire-FirstCall/ --
Fidelity National Information Services (NYSE:FIS) today announced
an agreement with Texas United Bancshares, Inc. (NASDAQ:TXUI) to
deliver comprehensive information technology solutions including
core processing, check imaging, online banking, EFT, business
intelligence and other related applications. Texas United
Bancshares, a $1.7 billion holding company (on a pro forma basis as
of 2/15/06, which includes the recent acquisition of The Express
Bank of Texas and the pending acquisition of Northwest Bancshares,
Inc.), operates through three wholly-owned subsidiary banks in
Texas including State Bank of La Grange, GNB Financial of
Gainesville and Gateway National Bank of Dallas. The holding
company has grown dramatically over the past decade through merger,
acquisition and branch expansion, with future plans calling for
even greater growth. The organization was rapidly outgrowing its
technology systems; and because of the acquisitions, different
systems were in place at the different banks. "It was clearly time
to look for new alternatives," said L. Don Stricklin, the holding
company's president. "As long as change was inevitable, we searched
for one technology partner that could offer us a broad range of
integrated solutions. We found that FIS' HORIZON core processing
solution incorporates virtually every process needed to operate our
banks, and it's fully integrated with ImageCentre, a browser-based
solution we chose for check processing, document and remittance
imaging, and electronic archival. Still, HORIZON's open
architecture gives us the flexibility to add third-party
applications if we wish." HORIZON automatically moves debits and
credits from all channels through the posting process, resolves the
transaction and processes it through to the back office for final
reconciliation and reporting. In addition to HORIZON and
ImageCentre, Texas United Bancshares also opted for Executive
Access for General Ledger(TM), a business intelligence tool that
allows bankers to view the organization from the top down and
analyze performance in multiple ways; TellerPro(TM), a front-end
solution that provides easy access to all customer, account and
transaction information within HORIZON; integrated Deposit
Origination(TM), the new account platform that incorporates fully
compliant forms from Banker Systems; ACquire(TM) enterprise report
management that turns data in system-generated reports into usable
information that can be dispersed throughout the enterprise;
ALLView(TM) document imaging, which allows users to view account-
and customer-specific documents at the workstation; FIS' online
banking solution, a comprehensive and fully integrated electronic
banking solution that allows retail and commercial customers to
select the features that fit their unique needs; EFT services that
offer ATM and debit card access to regional, national and
international ATM and point-of-sale networks; and FIS' integrated
card management services that will help the banks manage their
growing card portfolios. "For years, bankers have been telling us
that they want to deal with one provider for all their financial
technology solutions," said Jim Susoreny, executive vice president
for FIS' Integrated Financial Solutions division. "Based on this
input, our product development and acquisition strategies have
never wavered. We are committed to providing total financial
solutions that translate into efficiencies and cost savings for our
clients and superior service for the customers they serve." About
Fidelity National Information Services, Inc. Fidelity National
Information Services, Inc. (NYSE:FIS) is a leading provider of core
processing for financial institutions; card issuer and transaction
processing services; mortgage loan processing and mortgage-related
information products; and outsourcing services to financial
institutions, retailers, mortgage lenders and real estate
professionals. FIS has processing and technology relationships with
35 of the top 50 global banks, including nine of the top ten.
Nearly 50 percent of all U.S. residential mortgages are processed
using FIS software. Headquartered in Jacksonville, Florida, FIS
maintains a strong global presence, serving over 7,800 financial
institutions and over 100,000 retailers in more than 60 countries
worldwide. For more information on Fidelity National Information
Services, please visit http://www.fidelityinfoservices.com/ . FIS
is a majority-owned subsidiary of Fidelity National Financial, Inc.
(NYSE:FNF), number 261 on the Fortune 500. More information about
FNF can be found at http://www.fnf.com/ . About Texas United
Bancshares, Inc. Texas United Bancshares, Inc. is a registered
financial holding company listed on the NASDAQ National Market
under the symbol "TXUI." Texas United operates through three
wholly-owned subsidiary banks, State Bank, GNB Financial, n.a., and
Gateway National Bank, all of which offer a complete range of
banking services. State Bank is headquartered in La Grange, Texas
with twenty-four full-service banking centers located in central
and south central Texas. GNB Financial is headquartered in
Gainesville, Texas with seven full-service banking centers located
in Cooke, Denton and Ellis counties, north and south of the
Dallas-Fort Worth metroplex. Gateway National Bank is headquartered
in Dallas, Texas with six Dallas area banking centers. In addition,
State Bank operates 11 loan production offices and five limited
service branches located in Houston, San Antonio and Austin, Texas.
This press release contains statements related to future events and
expectations and, as such, constitutes forward-looking statements.
These forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that may cause actual
results, performance or achievements of the Company to be different
from those expressed or implied above. The Company expressly
disclaims any duty to update or revise forward- looking statements.
The risks and uncertainties which forward-looking statements are
subject to include, but are not limited to, the effect of
governmental regulations, the economy, competition and other risks
detailed from time to time in the "Management's Discussion and
Analysis" section of the Company's Form 10-K and other reports and
filings with the Securities and Exchange Commission. DATASOURCE:
Fidelity National Information Services, Inc. CONTACT: Mary
Waggoner, Sr. Vice President, Investor Relations, +1-904-854-3282,
or , or Michelle Kersch, Sr. Vice President, Marketing and
Corporate Communications, +1-904-854-5043, or , both of Fidelity
National Information Services Web site:
http://www.fidelityinfoservices.com/ http://www.fnf.com/
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