Cypress Bank & Trust, a start-up bank in Florida, has selected the NuPoint core banking platform provided by US banking tech vendor Computer Services Inc (CSI).
The bank was was originally founded as a boutique corporate fiduciary in 1996. It became a bank and trust in August 2021 and now offers a broad range of consumer and commercial banking services, in addition to trust and investment management.
“To successfully expand into banking services, it is imperative that we work with a provider that has the technology advancements and proven experience to support our initiatives,” says Dana Kilborne, CEO of Cypress Bank & Trust.
“We believe CSI will enable us to provide the comprehensive banking and financial services products our clients expect.”
CSI says its cloud-based core banking system will enable the bank to deploy new customer-facing banking solutions and connect to third-party APIs we well as simplify its back-end processes.
Cypress Bank & Trust will also implement the vendor’s integrated online and digital banking solutions.
CSI enterprise banking group president Giovanni Mastronardi says CSI’s technology and services “empower community banks to grow their businesses and innovate”.
“As a de novo, Cypress Bank & Trust has the opportunity to establish a modern technology foundation for its banking services.”