Sandstone Technology, a leading provider of digital banking solutions, has announced a successful collaboration with Chetwood Bank to launch a new digital savings platform. Chetwood Bank sought to quickly introduce an easy access savings product and turned to Sandstone Technology for their expertise in delivering rapid, compliance-focused solutions.
In just seven months, Sandstone Technology integrated its SaaS savings origination platform, BankFast Apply, and online servicing internet banking platform, BankFast Online, into Chetwood Bank’s Core Banking system. Jennifer Harris, Chief Customer Officer at Sandstone Technology, highlighted the partnership as a true collaboration that aligned perfectly with Chetwood’s strategic goals.
Carly Morris, Head of Savings at Chetwood Bank, emphasized the importance of partnering with Sandstone Technology due to their understanding of business needs and ability to deliver compliant solutions quickly. The close collaboration between the two teams enabled Chetwood Bank to provide a new digital savings experience for customers faster than expected.
The successful implementation of the digital savings platform underscores the value of collaborative partnerships in meeting regulatory and operational requirements while delivering transformational solutions in a timely manner. Sandstone Technology and Chetwood Bank’s shared vision and teamwork showcase how effective collaboration can drive remarkable results within a short timeframe.
Moving forward, the partnership between Sandstone Technology and Chetwood Bank stands as a model for how financial institutions can leverage strategic partnerships to innovate and deliver cutting-edge digital banking experiences for customers. By working closely and aligning on goals, both organizations were able to achieve success in implementing the new digital savings platform.
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