Altoona First Savings Bank, a $223m mutual savings bank in Pennsylvania, has selected Computer Services’ (CSI) managed services to improve risk management and operational efficiencies.

Under the agreement, the technology company will provide a suite of managed IT services to regulatory compliance initiatives associated with IT risk management and cybersecurity.

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CSI claims that it managed services solutions will enable the bank to achieve round the clock  cybersecurity monitoring.

The managed services offered by CSI will enable the lender to augment its risk management and cybersecurity compliance policies.

Altoona First Savings Bank president and CEO Troy Campbell said: “Working with CSI is like adding an entire IT department to our bank. CSI has the experience to know exactly what our bank needs, and provide us with robust solutions to aid us from an operational standpoint.

“Incorporating CSI’s managed services has helped our institution remain compliant and alleviated the risk inherent with having a single point of failure internally.”

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CSI’s managed services tools administer secure access to on-demand IT and technology services. It solutions comprises both co-managed as well as fully hosted services.

CSI chairman and CEO Steve Powless said: “At CSI, we focus on delivering world-class managed services solutions to our customers so that they can concentrate on the important task of taking care of their customers.

“Our passion is working with community banks like Altoona First Savings Bank and providing a comprehensive managed services program to help them both remain compliant and mitigate potential risks.”