Latest Valley Rep Bnk (VLLX) Headlines Valley Rep
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Posted On: 03/12/2014 1:11:23 AM
Latest Valley Rep Bnk (VLLX) Headlines
Valley Republic Bank Implements CetoLogic's Deposit Reclassification to Recover Federal Reserve Balance, Offer More Investment, Community Opportunities
Business Wire - Tue Mar 04, 11:36AM CST
CetoLogic, a leading provider of software and analytics for financial institutions and retailers, announced that Bakersfield, Calif.-based Valley Republic Bank has implemented the company's Deposit Reclassification solution, a software that reclassifies transaction accounts - both interest and non-interest bearing - to recover the $400 million asset bank's reserve balance and free up millions of dollars to invest within its loan portfolio and community.
Valley Republic Bank Implements CetoLogic's Deposit Reclassification to Recover Federal Reserve Balance, Offer More Investment, Community Opportunities
Business Wire - Tue Mar 04, 11:36AM CST
CetoLogic, a leading provider of software and analytics for financial institutions and retailers, announced that Bakersfield, Calif.-based Valley Republic Bank has implemented the company's Deposit Reclassification solution, a software that reclassifies transaction accounts - both interest and non-interest bearing - to recover the $400 million asset bank's reserve balance and free up millions of dollars to invest within its loan portfolio and community.
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