Somerset Trust Company Named Finalist for 2017 Best of FinXTech Awards

Published on February 15, 2017

G. Henry Cook, President and CEO or Somerset Trust Company, recently announced that the bank received an outstanding recognition. Somerset Trust Company in partnership with BOLTS Technologies has been named a finalist for the 2017 Best of FinXTech Awards for the second year running. Finalists have been selected based on the degree of integration and innovation that each has displayed, as well as results: growth in revenue, reputation or customers.

BOLTS, based in Bethlehem, Pennsylvania, has improved the account opening process at Somerset Trust Company, saving the Somerset Trust Company roughly $200,000 in the first year of implementation by better automating the process and reducing error rates. Customers can start and complete the process on multiple channels including iPad and smart phone. The winner of the Best of FinXTech Award will be announced on April 26, 2017, during the FinXTech Annual Summit, at the Nasdaq MarketSite.

Somerset Trust Company is a community bank headquartered on Somerset with a network of 32 branches serving Somerset, Cambria, Fayette, Westmoreland, and Bedford Counties and Garrett County, Maryland. The bank also offers an extensive ATM network, consumer and commercial lending services, an online and mobile banking platform as well as Trust and Investment Management services.