T8DESIGN Partners with Cash Grain Bids

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Mon Oct 5, 2009 8:00am EDT

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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