Online Resources Corporation (Nasdaq:ORCC), a leading provider of web-based financial services, today announced that National Penn Bancshares and Travis Credit Union have signed new multi-year agreements with its Community Bank & Credit Union Services unit for retail Internet banking and other services. The institutions' combined 100,000 end-users are scheduled to be converted to Online Resources' platform later this year.
National Penn Bancshares is the fifth largest bank holding company in Pennsylvania, operating 127 community offices with more than 130,000 customers. National Penn chose a highly customizable, dedicated software version of the Internet Banking suite that is hosted by Online Resources. This solution provides the bank the flexibility to perform extensive interface customization and branding for each of their divisions through a set of administrative tools, without the high cost associated with fixed systems operations.
