compHistory/datacenter2.html at master · maxComp/compHistory · GitHub

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<b> Banks Slate Data Service in Twin Falls</b><br>
Idaho Statesman August 13, 1968
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Officials of Fidelity National Bank and Idaho First National Bank
anounced that a data processing service center to be known as the bank data center
will soon be in operation in Twin Falls to handle specialized banking information
processing.<br><br>
Initially the center, to be managed by James Gibson, will process checking account
data for Fidelity's three offices and three Idaho First National branches in the magic Valley.
However, officials said the centers services will be available to any bank.<br><br>
Some of the equipment for the center located in newly remodeled quarters in the 300
block of Third Street East has already arrived and more is coming in.
An IBM 1240 computer will be installed about the middle of September. According to
Harold Stearley, vice president of Fidelity, his bank will begin proof work at the
center within the next couple of weeks.
When in full operation in October, the center will operate in conjunction with a center
in Boise via a telephone line utilizing an IBM 360 computer for the heavy work of computing
daily balances on all checking accounts.

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