


AUSTIN, TEXAS—May 15, 2008--
CoreTrac, Inc., provider of ResourceOne (R1), the simple and affordable Client
Relationship Management (CRM)/Sales Force Automation (SFA) software solution for
community financial institutions, announced today the addition of Stearns
Financial Services, Inc. to their growing customer base. Stearns Bank is an
independently owned nationwide community banking company based in Stearns
County, Minnesota with locations in St. Cloud, Edina, Albany, Holdingford, and
Upsala, MN, along with Scottsdale, AZ. The holding company also has a
nationwide equipment finance division based in Albany, MN and an Accounts
Receivable Finance Division located in Utah. Stearns Financial Services
includes:
Stearns Bank, N.A.—St. Cloud, MN ($1.3B Assets)
Stearns Bank Upsala, N.A.—Upsala, MN ($59M Assets)
Stearns Bank Holdingford, N.A.—Holdingford, MN ($68M Assets)
“Our employee owners work with a sense of urgency. It’s our people whom make the difference. As employee owners, we all take special pride in focusing on achieving high performance. CoreTrac’s ResourceOne will help us get that job done,” states Darren Lowe of Stearns Bank, N.A.
Stearns bank, known to the communities they serve as “the nation’s local bank” is dedicated to providing financial services to all companies across the nation. As an employee owned national bank, they are committed to meeting their clients personal banking needs by exceeding the clients expectations everyday.
“In today’s challenging economic conditions, the banking sector is increasingly competitive. Long-term customer retention and development of new revenue sources are critical. Community financial institutions need to maintain a personal touch while understanding and meeting their individual client’s financial needs,” says Alan Buhler, Vice President of Sales and Marketing at CoreTrac, Inc. “ResourceOne is tailor-made to help community financial institutions like Stearns Bank ‘get the job done’ by elevating customer service capabilities and employee performance; resulting in enhance growth within the communities they serve.”