Chetwood Bank & Sandstone Technology launch digital savings platform

By Gloria Methri

Sandstone Technology, a digital banking solutions expert, has collaborated with Chetwood Bank to deliver a new digital savings platform. As Chetwood Bank aimed to introduce its easy-access savings product rapidly, the bank turned to Sandstone Technology for its expertise in providing swift, compliance-focused digital banking solutions.

Over just seven months, Sandstone Technology worked with Chetwood Bank to integrate its SaaS savings origination platform, BankFast Apply, and its online servicing internet banking platform, BankFast Online, fully integrated into Chetwood’s Core Banking system.

“We’re thrilled to be working with Chetwood Bank on this transformative project,” said Jennifer Harris, Chief Customer Officer, Sandstone Technology. “From the very start, this was a true partnership. Our teams worked side by side to ensure that the solution was not only delivered swiftly but also aligned perfectly with Chetwood’s strategic goals. The financial services landscape is changing rapidly, and banks are looking for digital solutions that can be implemented quickly with a cloud-first approach while meeting all regulatory requirements. Our work with Chetwood Bank underscores how effective collaboration and a focused approach can deliver remarkable results in a short timeframe.”

Carly Morris, Head of Savings at Chetwood Bank, added, “Our decision to partner with Sandstone Technology was driven by their ability to understand our business needs and move quickly to deliver a solution that met our compliance requirements. Working with Sandstone Technology was a strategic choice, and their close collaboration with our teams allowed us to deliver a new digital savings experience for our customers faster than we thought possible.”

By aligning closely on strategy and objectives, both teams ensured that the digital savings platform was delivered on time, meeting all regulatory and operational requirements.