Recovery Solutions News
Recovery Solutions case studies, newsletters and events offer valuable insight into the technology investments that drive business success. Click below to view the latest case studies, events, press releases and newsletters.
Recovery Solutions Mobile Bank Facility
Recovery Solutions –
Mobile Bank Tour
Iowa Tornado –
Recovery of a Financial Institution
Iowa Tornado Footage –
Inside Bank
Iowa Tornado Footage –
ATM Camera
Top 5 Disaster Recovery Testing Best Practices
Cold Sites are “Risky Business”
FFIEC Definition of a Cold Site
“A cold site provides a back-up location without equipment, but with power, air conditioning, heat, electrical, network and telephone wiring, and raised flooring.
Examples:
- Office space that the Bank, Board Members or other Vendors supply
- Mobile trailers with no physical banking or technology infrastructure in place
- Community Centers in their town
- Bank branches with insufficient infrastructure in place to restore required systems and house staff required to process required transaction volumes.
- Based on Vendors furnishing replacement infrastructure and hardware
Credit Union – Temporary Banking Facility
A look inside the temporary banking facility utilized during a Credit Union’s remodeling project in Two Rivers, Wisconsin.
read more …
No More “Pardon Our Dust” – Mobile Banking Leases for Construction and Remodeling
Many Recovery Solutions clients already know that they have access to our full fleet of mobile banking facilities should disaster strike. But many financial institutions are taking advantage of leasing mobile units when undergoing construction or remodeling.
read more …
View an online tour of a recent mobile bank installation in Green Bay, WI
Take a tour of our most recent mobile banking installation in Green Bay, WI. The US Bank located near Lambeau Field is relocating and is leasing a Recovery Solutions mobile banking facility in order to conduct business during the construction of their new bank.
Bank News Media Letter
Recovery Solutions has received an Honorable Mention in the BankNews Innovative Solutions Awards for Best Equipment / Hardware Solution. The company was honored for its Secure Dedicated Satellite Connectivity to Service Bureau.
Free Disaster Preparedness Drill Checklist from Recovery Solutions
Is your team tested, documented and fully prepared for disaster? This helpful guide will provide a road map for a successful drill and allow you to document each step of the way. Download it today!
Testing, Testing, Testing – Planning for IT Disaster Requires Testing
The FFIEC and national cyber-security experts continue to stress the importance of testing and having suitable backup solutions. In a world where natural disasters are increasing in frequency and severity, and where cyber threats are becoming more common, having a proper backup for your data and regularly testing your business continuity plan are more important than ever.
This month we’d like to share tips on using the new FFIEC Cyber Assessment Tool, which was recently updated. We’re also sharing some tips on selecting a cloud-based backup solution.
Recovery Solutions – An Overview of Our Services
A downloadable PDF version of our online presentation.
Disaster Recovery Q&A with Rick Lavin
Does your institution have a solid, fully-tested disaster recovery plan to ensure that you are not only FFIEC compliant, but able to effectively resume business should your branch be struck by catastrophe? Have you been considering working with a disaster recovery firm? There are many things to consider when choosing a disaster recovery partner. Recovery Solutions owner, Rick Lavin, answers some of the pressing questions prospective clients often ask. read more …
Business continuity planning for power outages. Financial industry disaster recovery news.
Today, even a few minutes without power can be costly to your business. Gone are the days of simply doing things “the old fashioned way” until power resumes. Without electricity, your institution may not have access to security systems or the ability to process simple customer transactions. If you’re in an area plagued by power outages due to ice storms or winter weather, now is the time to make sure your facility has adequate backup power supply and a tested plan to resume business should you be hit with a prolonged power outage.
Are Reciprocal Agreements Worth the Risk?
What is your plan for recovery should disaster strike your financial institution? In order to meet FFIEC compliance, your bank must exhibit the ability to resume normal business function quickly. If your building is damaged or destroyed and you have a reciprocal agreement with a nearby partner branch or competitor, you may be putting your business at risk. read more …
Meeting FFIEC Compliance without “Breaking the Bank”
What would you pay for a full-service disaster recovery solution and testing services that would ensure your institution is FFIEC compliant and ready to effectively resume business should disaster strike? It’s much less expensive than many compliance officers expect. With a combined 130 years of banking industry experience and knowledge, our team provides service and expertise that is unbelievably affordable. read more …
Recovery Solutions – July Newsletter
What is comprehensive testing, and why is it important to my financial institution? Learn more in this month’s Recovery Solutions newsletter.
Recovery Solutions – June 2016 Newsletter
Meeting FFIEC compliance. Recovery Solutions can help!
Recovery Solutions Provides Mobile Banks After Natural Disaster
After an EF5 tornado hit northeast Iowa on May 25th, the town of Parkersburg was left in a state of devastation. The storm had wind speeds in excess of 200 miles an hour and many schools, homes and businesses were completely destroyed, leaving residents and business owners without a place to live or work.
Recovery Solutions – Family Emergency Plan
Being prepared can minimize the fear, stress, and anxiety associated with a fire, flood or other emergency. Where should you meet in case of fire? What should you keep in your automobile in case of emergency? The team at Recovery Solutions has outlined what you need to be prepared.
Our Family Emergency Plan includes planning forms, checklists, templates, tips and helpful links to ensure your family is informed and prepared in case disaster strikes.
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Should You Outsource Your DR Services to a 3rd Party?
In the past year, we have experienced horrendous weather patterns creating devastating storms throughout the United States. The news media has reported major floods, tornados, and high winds causing severe damage almost daily. In 2008, the highest recorded number of FEMA declared disasters had reached seventy‐five. As of July 28, 2010, the United States has experienced a total of fifty‐eight FEMA disasters.
Satellite MPLS Communications
Recovery Solutions provides a fleet of mobile bank facilities specifically configured to the needs of the financial industry. This mobile bank facility becomes a branch facility complete with all technology, communications and ability to restore virtual images of critical devices. Along with our sophisticated satellite-based technology system, we offer a true turnkey solution providing your institution with planning, virtualization, recovery options, technical and compliance support to ensure that your annual test successfully recovers your critical systems and business functions which will meet your defined recovery time objectives.
After Fire, Geneva Bank Puts in Place Mobile Offices
Contractors with Recovery Solutions put the finishing touches on the entrance to a mobile banking facility in the parking lot of the State Bank of Geneva on Monday, October, 29, 2012, after its main building was recently damaged in a fire.
CBAI Member Bank Recovers from Disastrous Fire with Aid of CBSC-Marketing Partner Recovery Solutions
As natural disasters become more and more pervasive in our daily news, it should invariably heighten our industry’s concern and awareness of disaster preparedness. However, it is not only natural disasters with which banks need to contend, as Chris Gavin, president & CEO of Midwest Bank of Western Illinois, Monmouth recently learned.
After the Storm Banks and the community work together to rebuild Parkersburg, Iowa
At First State in Parkersburg, Iowa, Memorial Day weekend was a busy one. The bank,
which merged with MidWestOne in March, had begun standardizing all its products and moving customers into those products in anticipation of officially changing the bank’s name in August.
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The Risks Associated with Reciprocal Agreements
“An agreement whereby two organizations with similar computer systems agree to provide computer processing time for the other in the event one of the systems is rendered inoperable. Processing time may be provided on a “best effort” or as time available” basis; therefore, reciprocal agreements are not usually acceptable as a primary recovery option.
If the facilities are not geographically distributed in different locations, an area-wide disaster could render both of the sites useless. In addition, this type of facility could be more difficult to manage and administer. Management should also understand that implementing a reciprocal agreement might not always provide an optimal back-up solution due to limited excess capacity. read more …
