Salem Co-operative Bank (Salem, N.H.) has converted to an outsourced version of Oracle Financials from Avon, Conn.-based COCC, a provider of technology services for financial institutions. The solution will support the bank's accounting functions.
According to COCC, Salem Co-operative Bank has seen improvements in information access and efficiency through its partnership with COCC. The bank recently began a commercial lending division to extend its successful mortgage business which produced a 90 percent increase in assets over the past 10 years.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio