FirstStates Financial Services Corp Revenue and Competitors

FirstStates is a small bank oriented company that has developed a loan servicing process that is efficient, affordable, and compliant to all state and federal requirements. Our processing software and portfolio management processes are geared towards installment, commercial, mortgage, and open end loan types. Most small banks and manufacturing companies find it very affordable. Our loan servicing staff is highly experienced in portfolio management. We perform full loan maintenance including interest accruals, payment posting, past due notifications, monthly or periodic billings, lockbox interfacing, phone payments, etc. As well, we offer extensive reporting capabilities to monitor all aspects of loan servicing and portfolio management. We also fully facilitate the adding of "participation" in loan portfolios by assisting in the identification and packaging of loans, as well as, adding the participations to the portfolio as the sales occur. Again, our extended reporting is critical to the management of the portfolio as it relates to participations. FirstStates takes all steps to be fully compliant with Sarbanes-Oxley and SAS70 requirements. Our security policies and confidentiality policies are strongly adhered to by all FirstStates representatives and affiliates. Most importantly, you'll find our customer service and staff knowledge to be second to none in the loan servicing and portfolio management industry. With over 100 years of combined banking experience, our staff is a solid resource for your loan management needs. We welcome the opportunity to discuss your needs and our ability to serve you. Thank you for your consideration.