Community First Bank ($340M Assets) Hires Insuritas
Insuritas, the nation’s premier provider of virtual insurance agencies, announced it has been hired by Community First Bank to install their award-winning insurance agency solution for the benefit of Community First’s over 10,000 households.
Richard Burleson, President and CEO of Community First Bank, “Our customers look to us to provide all the financial products and services they need in a one stop shopping solution that focuses on price, convenience, selection and service. We recognize that 100% of our customers buy auto & home insurance every year – and we are perfectly positioned to be their trusted Agent. Insuritas will build, launch and manage our full service insurance agency and will offer all lines of insurance products to protect our customers, their families and small businesses.” Burleson concluded, “This commitment to insurance supports our core mission; to provide superior performance and outstanding customer service, while earning a reasonable profit. We will maintain safety and soundness and remain an independent bank, while being fully aware of opportunities to acquire other financial institutions.”
Jeff Chesky, President and CEO of Insuritas, noted: “Community First Bank’s leadership has recognized that their customers buy insurance every year, and that providing a full suite of insurance products to their customers is a natural extension of their core business and leverages the powerful brand equity and trusted relationships they’ve created in the market. In addition to furthering Community First’s commitment to providing their customers with value-added products and services, our partnership further cements their position as a market leader in Oconee and Anderson Counties.”
Insuritas pioneered the deployment of virtual “private labeled” insurance agencies that are integrated into bank and credit union operating environments – currently connected to over 7.4 million consumers and over 1.2 million small businesses. The Insuritas solution, which is now installed in over 150 financial institutions, includes four core technology platforms that transform the shopping experience for millions of consumers for the insurance products they purchase and repurchase every year. Insuritas enables financial institutions to own an insurance agency solution without the significant capital investments required to build or buy an agency, or the inherent operational risks attendant to either of those approaches. Through a cost-effective partnership solution, financial institutions leverage Insuritas’ proven, end-to-end insurance agency solution. Click www.insuritas.com for additional information.
About Community First Bank
Community First Bank opened in March of 1990. Their first banking offices were located in Oconee County. In 1999, Community First Bank expanded into Anderson County South Carolina to provide the same level of outstanding customer service to the residents and businesses of Anderson County. Community First Bank now operates four branches in Oconee County and three branches in Anderson County South Carolina. Community First Bank is firmly committed to their original focus of outstanding customer service, being a good corporate citizen, and being both responsive and flexible in meeting their customer’s banking needs.
Additional information is available at www.c1stbank.com