Cypress Software helps community banks enhance loan operations

Bank News, September, 2006 by Anonymous

David versus Goliath scenarios occur all the time in the U.S. economy where large corporations hold all the advantages over smaller companies. It is a byproduct of capitalism and a free market society. However, through that same free market, smaller businesses can emerge and compete against the more dominant forces in an industry.

That analogy holds true in the banking industry, where the big national brands use their capital and resources to create competitive advantages in the market. Community banks, though, are swinging back.

New technology is changing industry dynamics, helping even the smallest banks match - or exceed - the services and conveniences that larger competitors provide, without compromising the institutions' focus on building personal relationships with...

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