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Long Island Bank Implements Fiserv Origination Platform

The ""First National Bank of Long Island"":https://www.fnbli.com/default.aspx (FNBLI) is now using ""Fiserv's"":http://www.fiserv.com/index.htm Common Origination Platform for its consumer, business, and mortgage lending needs, the companies announced jointly.

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""Common Origination Platform has the capabilities financial institutions need as they adjust to the current loan origination landscape. Fiserv will help First National Bank of Long Island to drive down operational costs, reduce redundant processes and comply with increasing regulatory demands,"" said Kevin Collins, division president for lending solutions at Fiserv.

Considered by several leading financial firms as ""one of the strongest and best operating banks in the country within its peer group,"" FNBLI has been taking advantage of Fiserv's solutions since 1987. Through the Common Origination Platform, the bank will now benefit from the planned integration of the lending system into its account processing platform, increasing efficiencies and minimizing employee training time.

""We run a lean operation which means that every member of our staff is responsible for all types of lending. By implementing Common Origination Platform from Fiserv, we are giving our staff the best tools available as we provide our customers with the levels of service they have come to expect,"" said Rich Kick, EVP for the bank.

Common Origination Platform is just the latest in a long line of Fiserv solutions used by FNBLI. The bank also relies on Fiserv's Signature account processing platform, Risk Office, and ConvergeIT, among others.

""Our time-tested relationship with Fiserv makes us confident that they will continue to invest in technologies like Common Origination Platform and product integrations that make them a strategic partner in our success,"" Kick said.

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