BoardVantage provides a rich set of functionality that meets all of our needs.
Menlo Park, CA (March 23, 2007) — Washington Federal Bank for Savings, a community bank with two branches located in Chicago, has selected BoardVantage to manage communications with its board of directors.
According to John F. Gembara, president & CEO of Washington, "It was time for us to move beyond our paper-based processes and begin managing all of our communications online. BoardVantage provides a rich set of functionality that meets all of our needs. Furthermore, with their SAS70 Type II Certification, we are confident their solution is secure."
Washington's corporate secretary will use BoardVantage to assemble various documents and automatically create monthly board packets. She will also use the solution to notify directors to new materials, manage the board calendar, and handle activities such as online consents and surveys. BoardVantage will also serve as a central repository for board materials moving forward.
"We are excited to add Washington Federal Bank as a customer," said Joe Ruck, president and CEO of BoardVantage. "Washington's selection of our solution further illustrates that BoardVantage is appropriate for organizations of all sizes — ranging from the world's largest banks to independent institutions serving their local communities."
Washington Federal Bank for Savings was incorporated in Illinois in 1913. The bank operates two branches, and focuses primarily on accepting deposits and originating mortgage loans for homes in the Chicago area. The bank focuses on providing the community with similar banking services available at the larger institutions, but with a personal touch. To learn more, visit www.washingtonfederalbank.com.
BoardVantage is the leading provider of secure board portals, with 175 customers — including over 20 Fortune 100 companies. BoardVantage provides a secure and user-friendly Web portal for centralizing board documents, processes and communications. It also provides productivity tools for creating and distributing board materials efficiently. BoardVantage is SAS 70 Type II certified, and meets or exceeds the standards of the most security conscious IT departments, including those of major financial institutions. To learn more, visit www.boardvantage.com.
Maria Krinsky
KickStart Consulting, for BoardVantage
415-509-0498
pr@boardvantage.com