T8DESIGN Partners with Cash Grain Bids
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New data feed feature enables community bank Web sites to offer real time, local cash grain prices CEDAR FALLS, Iowa--(Business Wire)-- T8DESIGN, a provider of Web development, management and hosting services for the financial industry, today announced a strategic partnership with Bozeman, Mont.-based Cash Grain Bids, a leading source of cash grain market intelligence. Through the partnership, T8 enables community banks and credit unions to provide the closest cash market prices for commodities, updated on a daily basis, directly on their Web sites. The live data feed can boost agricultural traffic, bringing in both current customers/members and potential customers/members, as well as increase product marketing and cross-sell opportunities. Pilot Grove Savings Bank will be one of the first institutions to go live with the T8DESIGN module. "Reporting our local cash grain market prices gives our bank the advantage to be the go-to Web site for all of our customers - and our prospects too," said Bob Breazeale, senior vice president of the bank. "This is an opportunity to save time for our customers while building our sales opportunities; we are excited to offer a service with such benefits." By accessing Cash Grain Bids` database of more than 3,500 cash grain markets, T8DESIGN`s financial institutions can provide customers with five co-op quotes from within a defined radius of almost any U.S. location. Currently, many banks only list the futures market prices from Chicago, which are not reflective for what farmers are getting paid for their grain. Offering an accurate, local price gives the farmer researching the quotes the choice of where to sell his or her commodities for the highest profit. It also benefits financial institutions with the ability to offer crop insurance, equipment financing and other services directly online. "T8DESIGN`s cash grain module offers an excellent opportunity for small- and mid-sized community banks to focus on agriculture and provide a superior service to rural America," Kevin McNew, president of Cash Grain Bids, said. "Our partnership, and the resulting offerings, will help to improve the bottom line for rural bank customers." "At T8DESIGN, we are dedicated to continually providing innovative, practical online tools that will draw crowds to financial institutions` Web sites," explained Wade Arnold, CEO of T8DESIGN. "We enable banks and credit unions to leverage the most powerful marketing vehicle they have: their Web site. It is often the first impression someone has of a particular financial institution, and we want our clients` sites to offer more than just Internet banking. We want each Web site to be useful for everyone who visits." T8DESIGN is offering a webinar on Oct. 7, 2009, at 10:00 a.m. and 3:00 p.m. to discuss its Web offerings, including the cash grain module. Registration and additional information is available at www.T8DESIGN.com. About T8DESIGN Founded in 2003, T8DESIGNis a strategic Web development, management and hosting firm that caters specifically to financial institutions. The company provides progressive, non-template driven Web sites to more than 150 banks and credit unions, all of which are mobile-enabled. T8DESIGN`s philosophy is to help financial institutions leverage their most powerful marketing tool, their Web site, to drive new business and build an online marketing presence. Most customers experience an ROI within months because of cross sales, while Web traffic is also dramatically improved. The company`s content management system, FREEDOM8, enables financial institutions to provide updates to their Web sites by any authorized user, from any location at any time, while ensuring FFIEC and FDIC compliance. The user interface reflects a word processor format, making the system easy for anyone to use. For more information, visit www.T8DESIGN.com, or call 877.884.3327. Media Contact for T8DESIGN Megan Ard, 678-781-7223 Copyright Business Wire 2009
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