When computers were first being developed in the sixties, memory was costly and scarce. To save enormous sums of money and two precious bytes of memory, programmers used a two-digit year instead of the standard four. The Year 2000 issue is simply the ability of a computer system and its software to understand and manage any constraints around this date change. Banks are required by federal regulators to have plans in place to get their systems Y2K ready. First, Green Belt Bank takes the Y2K problem very seriously, and has been working on the problem since 1996.
Banks have decades of experience in back-up planning.
Following unexpected events such as floods, tornadoes or fires, banks are often the first to be up and running. Y2K is an expected event and contingency plans will be in place for all systems as needed. Green Belt Bank is pleased to inform our customers that we have taken the appropriate steps to handle the Year 2000 date change. The importance of Year 2000 Preparedness made it one of our top priorities. If you have any questions regarding the issue, we'd be happy to discuss them with you.