PADUCAH, Ky., April 21, 2015 — In an effort to better manage risk across its entire institution, West Union, W.V.-based Cornerstone Bank selected Computer Services, Inc. (CSI) (OTCQX: CSVI), a provider of end-to-end financial technology solutions, as its new enterprise risk management (ERM) provider. Cornerstone Bank has implemented CSI’s SmartRisk IQ platform, which provides the bank with a more holistic approach to risk management based on real-time snapshots of the bank’s risk profile enterprisewide.

As a result of continued changes in the banking, regulatory and economic environments in which the bank operates, the bank’s leadership wanted a more integrated approach to managing the inherent and residual risks affecting the entire organization. SmartRisk IQ’s advanced technology, which offers intelligent content to help institutions establish both an ERM framework and key risk indicators, played a significant factor in Cornerstone’s decision to work with CSI; however, bank executives also point to the dedicated support staff as key differentiators in their ongoing partnership with the technology provider.

SmartRisk IQ provides both flexible technology and expert support that meshes perfectly with our bank’s specific needs, giving us a strong foundation for managing risk in the most effective way possible,” said Lorraine L. Brisell, president and CEO of Cornerstone Bank. “Overall, SmartRisk IQ has proven to be an invaluable, forward-looking management tool that has enabled our bank’s ERM team to become more unified, involved and, most importantly, aware of our cumulative risk profile and how to manage it effectively.”

Through SmartRisk IQ, financial institutions can provide examiners with proof that their institution is proactively managing risk by securely collecting, storing, analyzing, scoring and reporting on risk data, risk direction and mitigation activities. To help institutions fulfill examiner expectations and best understand their current risk, SmartRisk IQ measures institutions against the eight key risk categories outlined by the Office of the Comptroller of the Currency (OCC), including compliance, credit, interest rate, liquidity, operational, price, reputation and strategic.

"Regulators continue to focus more heavily on enterprise risk management within today’s financial industry, leaving many banks and credit unions struggling to adequately address risk holistically,” said Steve Powless, chief executive officer of CSI. “With the help of SmartRisk IQ, we’ve empowered financial institutions, like Cornerstone Bank, to enhance their understanding of current risk all across their institution, which in turn enables them to make more strategic business decisions for their organizations and the customers they serve.”

About Cornerstone Bank
Originally chartered under the name First National Bank of West Union in 1902, West Union, W.V.-based Cornerstone Bank currently offers personal and business banking through its three branch locations across the state of West Virginia. Boasting more than 350 years of combined banking experience, Cornerstone Bank’s employees serve the financial needs of the community by offering retail and commercial loans along with deposit service products. For more information, visit

About Computer Services, Inc.
Computer Services, Inc. (CSI) delivers core processing, managed services, mobile and Internet solutions, payments processing, electronic and print distribution, and regulatory compliance solutions to financial institutions and corporate customers across the nation. Exceptional service, dynamic solutions and superior results are the foundation of CSI’s reputation and have resulted in the company’s inclusion in such top industry-wide rankings as the FinTech 100, Talkin’ Cloud 100 and MSPmentor Top 501 Global Managed Service Providers List. CSI’s stock is traded on OTCQX under the symbol CSVI. For more information about CSI, visit