T8 Webware, a provider of web development, management and hosting services for the financial industry, has said that Wisconsin-based Timberwood Bank is leveraging its new web site to gain profitable accounts outside of its traditional geographic reach.
Timberwood Bank manages its Web site with FREEDOM8, T8’s content management system. It enables the bank to update its content by any authorized user, from any location at any time, while enforcing FFIEC guidelines and FDIC functional compliance. Now, Timberwood Bank can easily refresh the site and interchange graphics to focus on timely events and features while improving the dynamics of its web presence.
Timberwood Bank said that its web site, complemented by other services including remote deposit capture and online banking, gives customers access to most of the services that are available to them in-branch.
Greg Zingler, marketing director of Timberwood Bank, said: According to statistics, 80% of customers will bank with your financial institution because of convenience. Thanks to our T8 site, customers can tell that we are a reliable and progressive institution. The site’s functionality helps us to attract and maintain the profitable customers that build our business.
At first, our bank had mixed feelings about moving forward with a new Web site because of the investment in both time and money. But after paying almost double the Web site cost to repair a roof at one of our branches it was clear that the new site would be a sound investment. T8 committed to a fair price quote, communicated clearly with us and delivered very noticeably the best product.
Wade Arnold, CEO of T8 Webware, said: Timberwood Bank is an excellent example of how institutions can significantly broaden their reach – and profits – with an improved Web presence. The bank’s complete, constantly connected Web experience drives new business by providing timely, accurate and relevant information. The bank realized the value of its site and, as a result, is deriving the maximum results from the Web channel.
