BSI News

Going Above and Beyond Earns Patriot Award for BSI CEO

The Patriot Award honors supervisors and bosses who supports the National Guard or Reserves by acknowledging that employees may need flexible schedules, time off before or after deployment, or leaves of absence. ESGR, short for Employer Support of the Guard and Reserve, was established in 1972 by the Department of Defense to promote cooperation and understanding between Reserve service members and their civilian employers. This year, Bob Fairweather, President/CEO of BSI was awarded with the ESGR Extraordinary Employer Support Award for his sustained commitment to the Guard and Reserve.

"We fully recognize, honor, and enforce the Uniformed Services Employment and Reemployment Rights Act," said Bob Fairweather, President/CEO of BSI. "It is an honor to have employees who have served and continue to serve our country."

Paper Bank Statements May Surpass Digital for Some Customers

DESPITE a push by financial institutions to switch customers to digital statements from paper, the traditional hard-copy version may work better for some people, a new report finds.

In particular, older, less educated and lower-income consumers who may lack fast Internet connections at home may benefit from paper statements, the new report from the National Consumer Law Center says.

There’s a sense that everyone’s connected, and paper is old-fashioned,” said Chi Chi Wu, a lawyer at the center and the primary author of the report. But, she said, significant gaps in Internet access may hinder the ability of some consumers to use digital statements.

Read full article

Download Report - PDF 

NYMBUS Announces Strategic Partnership with Banc Statements, Inc.

NYMBUS, the world’s first complete, full-stack core banking system, today announced its partnership with Banc Statements, Inc. (BSI), the country’s only company specializing exclusively in providing an outsourced solution for printing and mailing financial statements. This partnership will further provide financial institutions (FIs) converting to NYMBUS with a one-stop, centralized hub that addresses all banking needs. Read full press release here.

VSoft Corporation Partners with Banc Statements, Inc. to Offer Clients Statement Rendering Solution,

VSoft Corporation, a global provider of information and technology solutions for financial institutions, announced today that it has partnered with Birmingham, Ala.-based Banc Statements, Inc. (BSI), a provider of outsourced printing and mailing statement solutions. This new relationship enables banks and credit unions leveraging VSoft’s existing solutions to now print and deliver DDA, savings, money market, line of credit and other financial statements to their account holders. Read full press release here.

BSI Opens New Production Facility, Reducing Mail Time to Midwest and East Coast

Indianapolis, IN, November 23, 2015 --(pr.com)-- Banc Statements, Inc. (BSI), a leading provider of outsourced billing and statement services for community banks, today announced the opening of its newest printing and mailing facility, centrally located in Indianapolis, IN. BSI now has facilities in Birmingham, AL, Dallas, TX and Indianapolis, IN.

BSI has been in operation for over 9 years, consistently growing both in scope of work and number of production facilities. The facility produces transactional statements exclusively for community banks. “One of our strengths is our turnaround time,” says Lee Long, Chief Operating Officer. “The ideal location of our new facility benefits our Midwestern and East Coast customers with significantly faster turnaround. Our customers depend on us for secure and accurate production of their DDA statements, and that’s what we deliver.”

Business continuity is assured by BSI facilities in Birmingham, Dallas and Indianapolis. The new production facility provides full operational redundancy, enabling the safeguards of data co-location and regional disaster recovery.

BSI Makes Inc 5000 List, Again!

BSI was recognized on the Inc. 5000 list again for 2015. This is our third year to receive this recognition and we are proud to be among the fastest growing businesses in America.

Click here to see the complete list of America's Fastest Growing Companies for 2015

BSI Ranked in Top 10 of Best Places to Work in 2015


BSI was ranked in the top 10 of the Best Places to Work in Birmingham. BSI has a great team that made this recognition possible. 

Here's our interview with the Birmingham Business Journal about our work environment and why we like what we do. 
Read full article

BSI Awarded Birmingham Business Alliance Small Business of the Year Award!

BSI wins 2014 Small Business of the Year 16-50 employees from the Birmingham Business Alliance. We are in the company of some fantastic local businesses! Winners were announced Tuesday, October 28th at a special reception and dinner at the Sheraton Birmingham. This year's theme was "Building Birmingham Together." Thank you Birmingham Business Alliance for this tremendous honor!

Birmingham Business Alliance honors companies and leaders at 2014 Small Business Awards

At the Birmingham Business Alliance 2014 Small Business Awards on Tuesday night, hundreds of business leaders and professionals gathered to celebrate the individuals and companies that make Birmingham bright. Here's a look at the 2014 honorees....

Click here to read the article in full

BSI Awarded Spot on Inc. 5000 List 2014!

BSI was recognized on the Inc. 5000 list again for 2014. This is our second year to receive this recognition. We are sincerely honored to be a part of such an amazing group of American businesses! 

Click here to see the complete list of America's Fastest Growing Companies for 2014/

BSI’s Chief Operations Officer Speaks at Jack Henry & Associates Silverlake User Group

In July, Lee Long, BSI’s COO spoke on “Top 10 Reasons to Outsource Statement Printing/Mailing” to attendees at the JHA Silverlake Southwest User Group Conference in Dallas, TX. There were 150 to 200 banks from the around the southwest in attendance for Jack Henry’s annual event. BSI had a great response, with representatives from one bank stating, “BSI is our new favorite vendor because of Lee Long’s presentation!”

BSI $100 Gift Card Winner

Chip Collins from Kleburg Bank in Kingsville, Texas was BSI's $100 gift card giveaway winner at the Jack Henry Silverlake Southwest User Group July 18th, 2014. 

www.klebergbank.com

BSI Names Ila Shrestha as Software Engineer

 

June 11, 2014- BSI announces Ila Shrestha as Software Engineer. As Software Engineer, Ila is responsible for the IT management of BSI's critical and high-performance software applications. In this role, she handles implementation as well as statement redesign and software customization for BSI's clients.

Previously to working at BSI, Ila worked for a healthcare-based software company in Birmingham. She received her Master's in Computer Science from University of Alabama in Huntsville, AL. Ila also holds a certificate in Software Engineering from UAH.

Lee Long, BSI's Chief Operations Officer states, "Ila's experience as a seasoned software developer will further expand BSI's service offerings. We are focused on offering a broader range of solutions to serve our community banks, and are thrilled to have her on board."

For additional information contact, Kathy Taylor at ktaylor@bsisite.com.

Click here to read the announcement in the Birmingham Business Journal.

 

Birmingham Named Among 10 Best Cities for Banking in 2014

According to a new report by NerdWallet, Birmingham was named among the top 10 cities for consumer banking in 2014. The consumer finance site compiled data on six different factors to determine which of the 100 most populated cities in the U.S. are the best for basic consumer banking. Those factors include: stability of local banks and credit unions, diverse banking options, local branch accessibility, average savings account interest, fees charged and proportion of the population that's fully banked.

The Magic City was named the seventh top city for banking because of it's wide range of banking options and number of financial institutions offering consumer-friendly terms.

To read the article in full and to see the other cities in the top 10 for consumer banking, please Click here

 

Why I Still Get Paper Statements

By Jeff Comstock
March 19, 2014

NBC recently acknowledged that it's flagship website nbc.com (and other associated sites) had been hacked and remained unpatched for an undisclosed amount of time--probably a few hours. That is, for some unknown period of time, visitors to nbc.com, who had outdated software installed on their computers, were directed and served malware that has the capability of stealing financial information. It gets worse, folks! If you were a victim, you may not know about it. The malware is smart enough to display your bank account website with the dollar amount they stole added back to your balance (as if it was never taken) while still including your recent transactions.

Click here to read this article in full.  

 

 

Steel Strides 5K

 

Banc Statements, Inc. participated in the Steel Strides 5k for MDA that took place in the town of Mt. Laurel on April 26, 2014. The entire company came out to support David Yates, VP of Sales for BSI, and his wife Abby. David and Abby’s daughter, Hadley Rose, was diagnosed with Spinal Muscular Atrophy Type I on January 24th, 2013 and she passed away on April 13th, 2013. Hadley was 4 and a half months old. Hadley was, and continues to be, a huge inspiration to all who knew her.

BSI had over 50 employees, family and friends that came out to support the Muscular Dystrophy Association, Spinal Muscular Atrophy and the entire Yates family.

Spinal Muscular Atrophy (SMA) is the number one genetic killer of children under the age of two. SMA is a motor neuron disease. The motor neurons affect the voluntary muscles that are used for activities such as crawling, walking, head and neck control, and swallowing. It is a relatively common "rare disorder": approximately 1 in 6000 babies born are affected, and about 1 in 40 people are genetic carriers.

For more information about SMA, please visit http://mda.org/disease/spinal-muscular-atrophy/overview.

 

 

 

 

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