FINANCIAL NEWS

DHI COMPUTING SERVICE, INC. FORMS NEW CONSUMER FINANCE DIVISION
Provo, UT – DHI Computing Service, Inc. (DHI), a pioneer and leading processor of agricultural, banking, and medical records for over 51 years, recently formed a new division, GOLDPoint Systems, to focus on industrial banks and consumer finance companies in response to the diverse and continually changing needs of the banking and finance industries. Under the direction of newly appointed president Jeff Collinsworth, GOLDPoint joins DHI subsidiaries DHI-Provo, FPS GOLD, and PCIS GOLD.

For three years, DHI has simultaneously served banking institutions and finance companies via its FPS GOLD division. Due to the ongoing emergence of specific new banking and consumer finance regulations, GOLDPoint Systems has been established as a means of customizing products and services for DHI’s clients. FPS GOLD and GOLDPoint will operate independently of each other and be completely devoted to serving their own industries. 

“We are excited about this new division and the ability it gives us to focus on the differing goals, needs, and requirements of these industries,” says Lynn Crandall, president and CEO of DHI. “This restructuring will help our managers better utilize the opportunities in these fields and streamline our products for each market.”

GOLDPoint offers clients customized products to originate new loans, service loans, perform all G/L activity, internet solutions, utilize a comprehensive deposit system, and many more. These products and services have allowed DHI to add nearly 400 offices specializing in industrial banking and consumer finance to its state-of-the-art system over the past few years. GOLDPoint clients, which process data for over a million accounts on a monthly basis and have originated over 420,000 loans, will use the GOLDPoint® line, supervised by David Fietkau, senior vice president of Product Development, to handle and provide all types of products and services to bring in funds for their institutions. They will also work with Ken Jorgensen, named senior vice president of Client Services, for all customer service-related needs.

Crandall believes GOLDPoint fills a much-needed void in the industrial banking and consumer finance industry as the new division is uniquely positioned to help organizations better serve customers, grow their business, and meet regulatory requirements. 

“This new division offers our company an even greater ability to serve our clients,” notes Crandall. “We look forward to seeing this plan in action and watching it provide each of our customers with the best possible products and services.”