FI Compliance Solutions Announces New Service Offerings to Reduce Costs and Streamline Client Implementations

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“One of the biggest challenges our clients face is time,” said Strohl. “Everyone is being asked to do more with less and our clients were looking for a solution to help address that need. As a result we have created several new service offerings that allow our clients to focus on banking, thereby increasing productivity across the organization. The new service offerings include Virtual GRC Pro Administration and On-Call Risk Management. Both of these offerings are now available to our premium subscribers at no additional cost.”

“With this new offering, FICS is responsible for administering GRC Pro and is available to help us with any assessment or remediation activities that may arise,” said Gordon Wadsworth, President & CEO of Nevada Bank and Trust. “This offering has saved us a tremendous amount of time and allows us to spend more time focusing on our customers.”

“Our goal at FICS is to provide our clients with the highest level of service at an affordable price,” said Strohl. “These new offerings break down the traditional barriers of high consulting fees that make most risk management services unaffordable for most institutions. For a low monthly fee starting at $400 per month, GRC Pro will provide a return on investment that can be measured in months not years.”

FICS has recently added seven new clients in California, Nevada, Minnesota, Pennsylvania and New York, all of which have taken advantage of the premium subscription.

“We look forward to helping these new clients create an awareness across their organizations that will reduce their risk profile and help prevent loss events,” said Chuck Knowles, Senior Vice President of Implementation and Advisory Services with FI Compliance Solutions.

About FI Compliance Solutions, Inc.

FI Compliance Solutions, Inc. provides highly focused corporate governance and compliance solutions specifically for financial institutions. FICS solutions are designed to help financial institutions implement simple and sustainable risk management programs that satisfy Safety and Soundness Standards. Headquartered in the Philadelphia area, FI Compliance Solutions serves banks and credit unions throughout the United States and Canada. For more information, visit http://www.ficsas.com.

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• FI Compliance Solutions Provides Free Help to Banks and Credit Unions to Manage Risk - July 7th, 2009