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Bank of North Dakota Starts New Era With 5280 Solutions' HELMS System
Mar 05, 2010 (03:03 PM EST)
DENVER, March 5 /PRNewswire/ -- 5280 Solutions®, a leader in the development of powerful and scalable software solutions, consulting, and system integration services, announced today that Bank of North Dakota (BND) has selected 5280 Solutions' Higher Education Loan Management System (HELMS) to meet its education finance loan origination and servicing requirements.
"Bank of North Dakota is proud of the personal service we provide to our customers. The flexibility and proven stability of HELMS, along with 5280 Solutions' position in the education finance software arena, will provide us with a robust set of tools to continue to serve education-seeking families in North Dakota," said Eric Hardmeyer, BND President.
HELMS is a comprehensive Web-based student loan origination and servicing software package that manages multiple student loan programs, including the Federal Family Education Loan Program and a myriad of private loan programs. HELMS is a complete end-to-end solution designed to handle every step of the student loan process in a streamlined fashion that increases productivity and creates a user-friendly experience for borrowers.
"We are proud of our partnership with BND," said Dominic Rotondi, Executive Vice President of 5280 Solutions. "With HELMS, 5280 provides BND a reliable, secure software solution and a commitment to high-quality customer service."
HELMS' scalability makes it the ideal solution for financial institutions of any size. The intrinsic automation of key functions within the software maintains data integrity and integrates easily with other financial programs.
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About Bank of North Dakota
Bank of North Dakota is the only state-owned Bank in the nation. BND made the first federally insured student loan in the nation in 1967. The Bank is overseen by the Industrial Commission of North Dakota, consisting of Gov. John Hoeven as Chairman, Attorney General Wayne Stenehjem, and Agriculture Commissioner Doug Goehring.
About 5280 Solutions
5280 Solutions, a wholly-owned subsidiary of Nelnet, Inc. (NYSE: NNI), is an award winning systems integration, software development and Microsoft consulting organization with an international client base. 5280 Solutions is a Microsoft Gold Certified Partner and Microsoft Business Solutions Partner that excels in providing complete, fully integrated Enterprise Content Management (ECM) solutions to increase end user satisfaction and productivity. 5280 Solutions provides solutions and consulting on Microsoft products including Dynamics, SharePoint, Office and InfoPath and extends the Microsoft investment with industry leading products from Kofax, Ultimus and Open Text. For more information, visit www.5280Solutions.com.
SOURCE 5280 Solutions