BancVue Receives Austin Business Journal Fast 50 Award

Top Quote Provider of Innovative Banking Solutions Recognized for the 2nd Year in a Row as One of Austin's Fastest Growing Businesses. End Quote
  • Denver, CO (1888PressRelease) November 19, 2010 - BancVue (www.BancVue.com), the leading provider of innovative products, dynamic marketing, and data-driven consulting solutions to community financial institutions around the country, has been named one of Austin's fastest growing private businesses by the Austin Business Journal.

    BancVue, which topped the list of fastest growing companies with over $10 Million in revenue, ranked number three on the full Fast 50 list. The firm was also recognized by the Austin Business Journal in 2009.

    "We're pleased, of course, to be recognized for BancVue's remarkable and continuing growth," said Gabriel Krajicek, CEO of BancVue, "because it means we are successfully helping our community financial institution partners win the war against the megabanks."

    BancVue, just announced as one of Inc. 500's fastest-growing private companies in America, is well known for its commitment to research and development. In just the past year, the innovative Texas company introduced REALCashback™ and Choice Checking™ to keep community financial institutions in a competitive position following changes in financial regulations. In September, the firm made the first step toward equipping its community bank and credit union partners to compete with megabank-branded credit cards with the purchase of a large credit card portfolio from the FDIC.

    In the meantime, BancVue has been receiving an overwhelmingly positive response from consumers to Kasasa®, a national brand of innovative free checking and savings accounts offered exclusively by BancVue clients.

    "Consumers understand that they can have a more rewarding relationship with their financial institution," says Krajicek, "and community banks and credit unions are looking to BancVue to provide the 'rewards' in this growing industry."

    BancVue, which recently acquired 62,193 square feet of office space in Northwest Austin, expects to see continued growth in 2011, both within the company and through partnerships with community financial institutions.

    About the Austin Business Journal Fast 50
    The Austin Business Journal's annual Fast 50 contest recognizes the fastest growing companies in the Austin area. Rankings are based solely on revenue growth during the past three years. Information submitted by contestants is verified by an independent accounting firm

    About BancVue
    BancVue is the leading provider of innovative products, marketing, and consulting solutions to community banks and credit unions around the country. Today, BancVue's solutions are allowing more than 1,300 community financial institutions to compete and win in the war against the megabanks. BancVue's partners benefit from the development and implementation of innovative products like Kasasa®, a national brand of superior products that gives community financial institutions marketing scale, and REALChecking®, a system of groundbreaking products, superior marketing, and data-driven consulting. Austin-based BancVue also provides FIRSTBranch®, a dynamic online marketing system for community financial institutions, and INMO®, an online account opening system with the highest new account funding rate in the industry. For more information on BancVue and its innovative solutions, visit www.BancVue.com.

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