Fintech Insights

Simplify board meetings and go green with Director Access

September 13, 2021

BankFive, in Fall River, Massachusetts, has been serving its community since 1855. Team members offer a higher level of personal service than you'll find at other banks in the region, which is one reason that BankFive is regarded as South Coast's premier independent community bank, and consistently ranks as one of the top regional Massachusetts banks.

When BankFive named a new president, one of the first items on the agenda was to make the bank’s board meetings more efficient. He wanted the board process reviewed, with a specific focus on improving the board experience through everything from packaging to delivery and the overall meeting experience.

After exploring available options, BankFive’s leadership selected Director Access from FIS®. The board communications portal gave BankFive leadership the security and ease of both teaching and learning. To eliminate the need to print and mail expensive meeting packages, an iPad was selected as the right tool for accessing Director Access. The bank’s board members have been delighted by the convenience and experience that the iPad and the board portal offer.

With Director Access, BankFive can instantly upload company policies and procedures, financial statements, newsletters and reports to their secure site. Director Access also provides each board member with 24/7 access to the most updated version of the board book, including past meeting minutes and the next meeting's agenda. Director Access also features a full audit trail of document access and comments.