First County 165

Thursday Throwback – How we Revolutionized data processing in 1966

New ATM for Ferguson Library

Photo caption: Robert Granata, president and COO of First County Bank, and Alice Knapp, interim president of The Ferguson Library, are in the library’s lobby with the new First County Bank ATM.

On April 1, 1966, Stamford Savings Bank “flipped the switch” on new data processing services, becoming the first bank in Stamford processing and storing data online. The results were no joke–the time it took to process a deposit dropped to just three seconds, while transaction accuracy increased.

Technology has continued to evolve at an incredible rate, and First County Bank has kept pace. Today our customers have the ability to deposit checks, transfer money, set automatic payments and even pay with your mobile device using Apple Pay®.

2016 is a big year for First County Bank as we celebrate not only our 165th anniversary, but also the 15th anniversary of the First County Bank Foundation. To mark these major milestones we will be digging into the archives, sharing some notable moments from our history on our blog and social media channels every other Thursday. You can follow along, or share your own memories of First County Bank history, by leaving a comment or posting a memory using #FirstCounty165.

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