| First Bancorp Selects Banc Intranets for Enterprise Content Management Solution! JOHNSON CITY, Tn. - December 19, 2010 - Banc Intranets of Johnson City, Tennessee is pleased to announce its newest client, First Bancorp of Troy, North Carolina. First Bancorp is a bank holding company with total assets of approximately $3.3 billion. Its principal activity is the ownership and operation of First Bank, a state-chartered community bank that operates 92 branches in North and South Carolina. In Virginia, First Bank does business as First Bank of Virginia with six branches there. First Bancorp hopes to see a significant cost savings after implementing software by Banc Intranets. David Grigg, CIO of First Bancorp says, “Through the intranet technology provided by Banc Intranets, we hope to reduce paper usage, streamline processes and allow our employees to service our customers more efficiently and effectively.” First Bancorp will implement the following software modules from Banc Intranets: BancWorks® - A secure, cost-effective and efficient, web-based Enterprise Content Management solution for financial institutions that gives them the tools needed to run corporate intranet without the cost of an entire IT department. BancTrain® -An affordable and flexible learning management system for training initiatives for employees. DirectorsLink®- An online portal for a financial institution’s Board of Directors that provides a central repository where board members can securely access important information and collaborate with other executives. “Our clients typically start to see significant savings from our products within the first six months,” says Mark Anderson, President and Senior Partner of Ban Intranets, LLC. “Initially, it’s a savings of simply using less paper as they transition much of their training and internal documents online, then they see the time they are saving by having employees be more productive, and finally you can save on limiting your IT department because of our turn-key software packages.” First Bancorp joins a growing list of financial institutions utilizing Banc Intranets services and software. |
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