Vitex, Inc. Bank Consulting Reports a Strong Second Half 2011

Top Quote Vitex, Inc. Bank Consulting Pleased to Announce a Strong Second Half of 2011. End Quote
  • Charlotte-Gastonia-Rock Hill, NC-SC (1888PressRelease) December 21, 2011 - Vitex, Inc., a leading strategic bank consulting firm, continued the strong development of its client base during the second half of 2011. New bank engagements in contract negotiation, core processing due diligence and workflow reengineering were begun. Additionally, a new line of business was launched. Insight Forum, a peer networking and ideation group that brings senior executives together around topical interests, and informational webinars kicked off at the beginning of the fourth quarter.

    "Our continued progress serves to confirm that Vitex is bringing relevant and important insights to our community bank clients," said Randy Roth, CEO of Vitex. "We are focusing on our strengths and helping our clients re-ignite profitability after facing so many daunting changes in the market." Roth was featured in the November issue of The ABA Banking Journal commenting on "The Hunt for Revenue" and how banks are finding innovative ways to generate additional income.

    Among those new second half client engagements, Vitex welcomed Atlantic Coast Bank, Stephens Federal Bank, Signature Bank, Central Bank of Kansas City, Bangor Bank, The Commercial & Savings Bank, Asheville Savings Bank, Security Service FCU, and Bangor Savings Bank, among others.

    About Vitex, Inc.

    Vitex has helped over 600 community banks and large financial institutions optimize resources and maximize opportunities through unbiased strategic planning and effective project support. The firm combines experienced, senior consultants with efficient, action-oriented processes, to help clients balance expense management, risk, operational efficiency, and revenue generation in a way that achieves high performance. Vitex operates independent of vendor partnerships, allowing its consultants to identify opportunities for improvement based solely on client needs. At Vitex, clients work directly with proven banking and business experts who approach every day excited to help banks work better. Visit Vitex at www.vitex.com.

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