The engagement will embed Covecta’s agents into ServisFirst Bank’s operations workflows, to deliver time savings on key activities while supporting the bank’s transition to an agentic operating model.
“ServisFirst Bank is a regional wholesale bank which has best in class efficiency. The deployment of agents was partially about finding additional efficiencies, but to also help transform ways of working in the era of AI. The initial focus is to perform the manual work completed outside of mission critical systems. Together ServisFirst and Covecta will innovate from the outside-in to minimize risk and disruption.”
Scott Wilson, Founder and CEO, Covecta
“We selected Covecta because their agents bring deep banking domain expertise out of the box. This is about more than efficiency. The time savings matter, but the real value is building an agentic mindset across the bank, capturing our institutional knowledge, refining it, and deploying it consistently through agents across the organization. The program is expected to support a number of teams, with a focus on driving efficiencies across manual processes and to enhance ways of working.”
Michael Lindsey, Chief Information and Operations Officer, ServisFirst Bank
About ServisFirst Bank
ServisFirst Bank is a full-service commercial bank headquartered in Birmingham, Alabama, focused on commercial banking, correspondent banking, treasury management, private banking and the professional consumer market, with an emphasis on competitive products, state-of-the-art technology and quality service. Founded in 2005, the bank has grown to more than $18 billion in assets and serves clients from locations across Alabama, Florida, Georgia, North and South Carolina, Tennessee, Texas, and Virginia. ServisFirst Bank is a subsidiary of ServisFirst Bancshares, Inc. (NYSE: SFBS).
About Covecta
Covecta is a leading agentic AI company specializing in deploying purpose-built agents to handle the highly complex and manual tasks that still exist in today's Financial Services sector. Covecta empowers front, middle and back office teams by automating critical activities and workflows across Lending, Accounts & Deposits, KYC/AML & Compliance. Covecta was founded in 2024 with employees and customers in both the UK & US. Covecta is backed by Salesforce Ventures.
