Red River Bank Selects Allied Payment Network to Expand Digital Payments Offerings

  • Payments
  • 06.12.2024 08:20 am

Allied Payment Network, Inc. (“Allied”), the industry leader in real-time, open-network payments solutions to banks and credit unions, today announced that Alexandria, LA based Red River Bank has selected Allied’s real-time payments solutions, which will integrate seamlessly with the bank’s Q2 Digital Banking Platform. Red River Bank was seeking a new payments provider that could consistently meet its high standards of service as they expand their digital money movement offerings.

Red River Bank was founded in 1999 to make banking simpler in an era when hometown banking seemed to be fading away, offering “the best team of bankers you know and trust when you need them—and great technology when you want it.” Since that time, the bank has grown to serve communities statewide in Louisiana, and is ranked 15th of the top 50 banks for 2023 with assets between $3 billion and $10 billion, according to S&P Global Market Intelligence.

Red River Bank’s philosophy is “building relationships by putting people first and exceeding expectations every day.” Partnering with Allied, the bank helps fulfill this mission by providing state-of-the-art real-time payments solutions backed by superior customer support.

“Allied is innovative and customer-centric, with a product that is superior to our previous provider,” explained Edwin Lagarde, Chief Innovation Officer at Red River.

“Allied’s features are expansive, including the ability to easily research and track payments and offer a less cumbersome process for adding new ACH vendors. With the seamless integration to Q2’s Digital Banking Platform, the decision to partner with Allied was easy,” said Lagarde.

“We recently announced Red River Bank’s selection of Q2 as their digital banking provider. Taking the next step to integrate Allied into their Digital Banking Platform highlights their drive to provide innovative solutions to their customers,” said Johnny Ola, SVP of Q2 Innovation Studio, Q2. “We are excited to see how this collaboration will enable Red River to better serve their customers and communities." 

“Allied focuses on building products that put financial institutions at the center of the communities they serve,” said Allied CEO Geoff Knapp. “We are confident we will help Red River Bank meet their payments and business goals with technology they can trust, experiences their customers will love, and service that goes beyond expectations.”

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