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American Community Banks and Credit Unions Overpay for Core Services and Technology Support, Reveals New Study

PALO ALTO, CA -- (Marketwired) -- 05/20/13 -- There's bad news and good news for America's 14,000 community banks and credit unions struggling with increased regulation, growing competition from larger institutions, and tightening net interest margins. And it all boils down to an ability to negotiate better IT service provider contracts.Community financial institutions are significantly overpaying for one of their largest categories of non-interest expense -- outsourced core processin ...


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