First Federal Savings of Lorain to Use Fiserv Account Processing

First Federal Savings and Loan Association of Lorain, Ohio ($445 million in assets), has chosen to use Fiserv's Cleartouch bank platform delivered through Fiserv's service bureau.

The solution First Federal is using includes account processing, regulatory compliance and fraud detection, online banking, bill pay, branch capture and item processing solutions.

"We know we need to transform our organization to remain competitive into the next decade and beyond," said John R. Malanowski, president and chief operating officer of the bank, in a statement. "We believe choosing an integrated solution from Fiserv gives us the best chance to accomplish that goal."