DHnTbgN4nT-TzF1kUHoKkbj84ZbRQGhaPTQzAWZyLnE
  • ACQUISITIONS MADE EASIER

    At BankSmart, we have a clear understanding of what it takes to successfully manage the bank or branch acquisition process. We have translated that knowledge into an innovative, web-based SmartKit that is both user-friendly and affordable.

    READ MORE

Contract Renewals and Vendor Evaluations

The BankSmart team has the experience and expertise necessary to help your bank contract for the appropriate products and services at the most competitive pricing.

SmartKitsSM - Designed by Bankers for Bankers

Each of our innovative SmartKitsSM includes clearly defined project plans, timelines, team member and vendor responsibilities, as well as functional activities.

Why You Should Choose BankSmart

BankSmart's sole objective is to assist financial institutions with significant functional projects by creating efficiencies and saving your bank money!

Contact Us

Testimonials

Vendor Evaluation and Contract Negotiation

Banksmart helped us with an operational review, full vendor evaluations, and finally contract negotiations. Their services were extremely valuable throughout the entire process. They saved the bank many times more than the cost of their service through the efficiency of their pricing models and primarily through vendor contract negotiations. Matt Nightingale, Katahdin Trust Company

Contract Renegotiation

Our bank recently went through a “tech” overhaul and BankSmart’s contract negotiation process allowed us to clearly see the differences in products, services, and prices. Thanks to them we were able to make (and document) an informed decision while saving a significant amount of money. Kelly Jones, The Citizens Bank

Contract Renegotiation

We’ve found a keeper! We engaged BankSmart to assist with our core processing contract renegotiation. Throughout the process, BankSmart folks provided professional and extremely timely service. Response times were so quick on the red-line turnarounds it was as if we were their only customer! Their expertise in the core banking systems is excellent, and their work is very, very thorough. The group is so personable and dedicated, they feel like an extension of the bank. As we strongly feel we received quite a big “bang for the buck”, we have engaged them in a Card Program Review and Debit Network Interchange Evaluation. We will also soon review their Bank and Branch Acquisition SmartKit. Mandy Rowe, 1st Mariner Bank

Contract Renegotiation

The team at BankSmart was a tremendous help to our bank. Through their operational review, they provided recommendations to improve efficiency. As they worked with us to re-negotiate pricing and services with our core processor, they were extremely responsive throughout the process and the negotiated price provided significant savings to the bank. Their expertise and results were definitely worth the cost. Charles DeWitt, Resurgens Bank

Bank Acquisition SmartKit

We love the Bank Acquisition SmartKit product. What a lifesaver it has been for me. It makes the process so much more manageable. Janet Bossi, Ocean City Home Bank

Vendor Evaluation and Contract Renewal

The team at BankSmart was very thorough and provided an exceptional level of service, the consulting services received were valuable and far outweighed the fees paid. Jodi Turner, PrimeSouth Bank

Branch Opening SmartKit

. . . you are a pleasure to work with! You’ve made my life – and this project – manageable. Barbara Hainley, Security State Bank

Vendor Evaluation and Contract Negotiation

We used BankSmart to do an operational overview of our processes. We were very pleased with their professional performance and the results that we received and the results pointed us in the direction of looking for a new core. BankSmart was very instrumental in helping us evaluate different cores. They did all the work crunching the numbers and helped us with an apples-to-apples comparison. I highly recommend BankSmart to help with this daunting task. Pauline Garrett, First National Bank & Trust Co.

Contract Renegotiation

The consulting services we received far exceeded our expectations and the fees we paid were a bargain for the results we realized. The BankSmart team is a pleasure to work with, are very thorough, and provided an exceptional level of expertise and service. Rod Schlosser, First Southern Bank

Vendor Evaluation, Contract Negotiation, and Data Processing Conversion SmartKit

We were looking for someone to assist us with a core processor evaluation, selection and contract negotiations. We chose the perfect partner in BankSmart. The first step was to schedule an on-site operational review to understand our current environment, identify current challenges and understand future processing expectations. BankSmart helped with the Request for Proposal (RFP)to the prospective core vendors, developed projected transaction volumes to establish a base line for an apples to apples cost approach to compare each vendor’s pricing and scheduled discovery meetings for each vendor. After the prospective vendor was selected, BankSmart was instrumental in the negotiation process. Their knowledge of vendors in the market place helped us negotiate the best deal possible with great cost savings for the bank. BankSmart’s Conversion SmartKit was a great asset in planning and managing the entire process, keeping everyone on task and meeting deadlines, as well as being an excellent tool to archive the data and entire process for future reference. The experience and expertise of the BankSmart team was a vital part of the process. We could not have done it without them. Their goal was to help us create efficiencies, save money and purchase the right products to take our bank to the next level. We are well on our way and highly recommend BankSmart. Sonja Walker, FMB Bank

Branch Opening SmartKit

I have opened numerous new offices in my career but the Branch Opening SmartKit has really been beneficial to me. It leaves no stone unturned, keeps tasks on track, and has kept me from missing key events. Sharon Thornton, BankFIRST

Bank Acquisition SmartKit

The Bank Acquisition SmartKit kept us on task and timely. The default template made us think of things we would never have remembered and helped us start some very important discussions with each other and our vendors. As the project manager it helped me stay organized. Lisa Talbot, First Community Financial Bank

 bankwest

Bank Acquisition SmartKit

“As we close out our acquisition project, I look back and wonder how we would have ever successfully completed our project without the Merger SmartKit. The collaborative tool walked us through every step of the acquisition process allowing our team to effectively and efficiently work together without the need for long meetings. Further, the team at BankSmart was always there to help me and was very responsive to any questions I had. Thank you BankSmart.” Kyle Endres, State Bank of Lizton

 bankwest

Bank Acquisition SmartKit

“BankSmart was a life saver. It is so comprehensive and covers many items that would have been overlooked during the acquisition process. The software not only kept us on track to meet our deadlines, it also let us add items that were unique to our bank. We will definitely use the SmartKit again when we go thru our next acquisition” Cindy Ullmann, BankWest

Contact Us Now

Call Us at (813) 774-8000

Or complete the form above and we will be in touch within 24 hours.

VIEW ALL TESTIMONIALS

Recent Clients

contract renewals & vendor evaluation clients

  • Katahdin Trust Company
  • PBI Bank
  • Bay-Vanguard Federal Savings Bank
  • BayBank"/

SmartKit clients

  • First Bank of AL
  • Riverview Bank
  • Oakworth Capital Bank
  • First Home Bank

Payment card consulting clients

  • Newton Federal Bank
  • PBI Bank
  • Katahdin Trust Company
  • 1st Mariner Bank

Contact Us Now

Call Us at (813) 774-8000

Or complete the form above and we will be in touch within 24 hours.

News & Stories

BankSmart welcomes First Bancshares, Inc. as our latest Bank Acquisition SmartKit client

06/24/2017

BankSmart welcomes First Bancshares, Inc. as our latest Bank Acquisition SmartKit clientBankSmart welcomes First Bancshares, Inc. as our latest Bank Acquisition SmartKit client.  Mountain Grove, Mo.-based First Bancshares, Inc. will acquire Colorado Springs, Colo.-based Stockmens Bank in an all-stock deal.  Under the deal, First Home Bank will be merged into Stockmens Bank.  Stockmens has $111 million in assets and First Home Bank has $223 million in assets.  First Bancshares will subsequently own a banking subsidiary operating as Stockmens Bank in Colorado, State Bank of Bartley in Nebraska and First Home Bank in Missouri.  Scott Yeoman, Chief Operating Officer at First Home Bank, observed, “We are looking forward to the help we will get from the SmartKit on the project to integrate our two banks.  We think it will help our people keep the overall project in perspective while they continue to serve our customers with the same high levels of attention as always.”.

 

BankSmart welcomes Sussex Bank as our latest Bank Acquisition SmartKit client

05/17/2017

BankSmart welcomes Rosedale Federal Savings and Loan Association as our latest Bank Acquisition SmartKit clients

BankSmart welcomes Sussex Bank as our latest Bank Acquisition SmartKit client.  Rockaway, N.J.-based Sussex Bank, with assets of $872 million, is acquiring Maywood, NJ-based Community Bank of Bergen County.   The combined company will have approximately $1.2 billion in assets and the deal is expected to close in the third quarter.  Steve Fusco, Senior Executive Vice President and Chief Financial Officer of Sussex Bank, said “We are very excited to be partnering with BankSmart to assist us with our merger integration project.  This will allow us to spend more time ensuring customers and employees from both institutions are minimally impacted and get the best experience”.

More News & Stories