Christine Gates

The Simsbury Bank & Trust Co. recently promoted Christine Gates to branch manager of its Granby office.

“Chris, with her extensive banking experience with us and other institutions, is very well prepared to manage the branch, ensuring the highest level of customer service and adherence to all bank policies and procedures,” said Terry Boulton, senior vice president/retail banking officer at Simsbury Bank & Trust.

Gates joined the Granby office as a teller in January 2000. Since starting with the bank, her responsibilities and knowledge have grown and over the years she has been promoted to a personal banking representative, to assistant branch manager and, most recently, to branch manager.

“It’s a great opportunity for me to become even more involved with my community,” she said.

Recently, Gates presented the Valley Brook Community Church with Simsbury Bank & Trust’s donation for the church’s High School Youth Adventures in Missions. The church group will travel to New Orleans during spring break to help local homeowners there with reconstruction.

The Simsbury Bank & Trust Co. is a locally controlled commercial bank for businesses and consumers with approximately $200 million in assets. The bank serves customers through full-service offices in Simsbury, Granby, Avon, and Canton Connecticut, SBT Online Internet banking at, free ATM transactions at 2,800 machines throughout the northeastern U.S. via the SUM program in addition to thousands of ATM locations world-wide, and 24 hour telephone banking. The Bank offers investment services through its wholly-owned subsidiary, SBT Investment Services, Inc.

Kansas Bank Selects OSI

Olathe, Kan.-based Security Savings Bank has selected Glastonbury-based Open Solutions Inc.’s (OSI) The Complete Banking Solution, a relational core data processing platform for financial institutions, to address its enterprise-wide data processing needs. OSI is a provider of integrated relational technologies for banks and credit unions across the United States and Canada.

When Security Savings and Loan Association of Salina was founded in 1898, its assets were almost exclusively real estate loans. Through the years, the institution showed steady but modest growth. In the early 1980s, Security Savings and Loan Association transitioned from a mutual savings and loan to a stock company. In 1989, after a merger with Security Savings and Loan of Garden City, the new entity emerged as Security Savings Bank. The bank, which now has more than $820 million in assets, has since grown to 11 full-service branch offices in seven Kansas communities.

In addition to moving its core system in-house to TCBS, Security Savings will implement the Consumer Loan Management Solution (origination and processing), the Mortgage Management Solution (mortgage origination and servicing), the new Financial Accounting Suite (including general ledger, accounts payable and fixed assets), real-time ATM processing, interactive voice response with Spanish, cView (CRM/business intelligence), safe deposit box leasing system, document imaging for reports, premium overdraft, positive pay and modules for construction and investor loans. Additionally, Open Solutions Inc. will oversee a pre-implementation Best Practices Review including security procedures and processes and a post-implementation Operations Review. The company also will facilitate instruction through a training program (onsite and at OSI) and proficiency testing software.