Monday, November 10, 2008

Silverton Bank a Finalist for Georgia Technology Award

Silverton Bank, a leading national correspondent bank based in Atlanta, was recently honored as a finalist in the Mid-Sized Company category at the fourth annual Excalibur Awards, presented by the Technology Association of Georgia (TAG). Silverton Bank was nominated by Abel Technologies for their TBBConnect product, an innovative Web-based communications solution and the main transaction processing system for over 600 community financial institutions nationwide.

Silverton Bank’s proprietary TBBConnect product offers financial organizations a highly secure system for managing their account information and conducting financial transactions such as ACH originations, FRB services, domestic wire transfers, and OFAC / SDN scanning, as well as international services, including funds transfers and foreign drafts.

“I was deeply impressed by the range and quality of the companies represented in the ceremonies,” said Earl Howell, Silverton Bank’s chief operating officer. “Getting into the finalist group is exceptional recognition of our technology, our staff and the business partners that make up Silverton Bank.”

Established in 2005, the Excalibur Awards were founded by TAG to recognize Georgia’s “tech-enabled” companies who demonstrate exceptional competency in utilizing technology to enhance their business. Nominees were judged on a variety of criteria, including the complexity of the problem, creativity of the solution, the return on investment and business results. TAG is a non-profit organization made up of over 6,000 members representing technology leaders from over 1,500 Georgia-based companies.
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