Article: Is imaging technology for processing deposited checks cost-effective for community banks? (survey of community bankers) (Management Strategies: Using Technology to Increase Profits)

M. ARTHUR GILLIS

President

Computer Based Solutions Inc

New Orleans

I think that imaging technology for Community banks is not cost-effective yet.

The proof-of-deposit systems we have for small banks - and by that I mean banks under $250 million in assets - are not bad. They are not archaic. By contrast, whenever I talk to a banking client about loan origination software, I highly recommend it. Because that's going from the antiquated to the sophisticated. Without loan software, you're still hand-typing documents, which is very archaic.

But as for proof-of-deposit imaging, those changes are ...

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