BancVue Executives Named Ernst & Young Entrepreneur of the Year® 2011 Central Texas Award Winner Award Recognizes Business Leaders For Excellence In Community Development And Innovation In The Broader Economy

AUSTIN, Texas, June 14, 2011 /PRNewswire/ -- BancVue, the leading provider of innovative products, dynamic marketing, and data-driven consulting solutions to nearly 1,300 community banks and credit unions around the country, today announced the firm's top executives, Chairman Don Shafer and CEO Gabe Krajicek, have received the Ernst & Young Entrepreneur Of The Year 2011 Central Texas Award.

The award recognizes outstanding entrepreneurs who have demonstrated excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their businesses and communities.

Mr. Shafer and Mr. Krajicek were among a group of finalists selected by an independent judging panel made up of previous winners of the award, leading CEOs, and other regional business and community leaders. The two BancVue executives were announced as the region's outstanding entrepreneurs at a gala event on June 9, 2011 at the Hilton Downtown Austin.

"It's an honor just to be included in this short list of terrific business leaders," said Mr. Krajicek, who has been nominated for the award for three straight years. "That Don and I were able to stand out from the crowd is a real testament to BancVue's mission and the great team that executes it."

BancVue, recently named a "Best of Show" winner at the FinovateSpring 2011 Conference, has been bringing game-changing innovations to the marketplace since its founding in 2004. With offerings like Kasasa®, a national brand of superior products, and Choice Checking™, an account specifically designed to help community financial institutions generate non-interest income and offset the impact of regulatory changes, BancVue has helped its partners around the country compete and win against the megabanks.

Ernst & Young's Entrepreneur Of The Year Program, which celebrates its 25th anniversary this year, has expanded to recognize business leaders in more than 140 cities and more than 50 countries throughout the world. As the Central Texas award winners, Mr. Shafer and Mr. Krajicek will be eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2011 National Award to be announced in November.

About BancVue

BancVue is the leading provider of innovative products, world-class marketing, and data-driven consulting solutions to community financial institutions across the U.S. Featuring offerings like Kasasa®, a national brand of superior products and marketing scale, BancVue products are designed to deliver controlled new account growth, higher profitability, and increased customer retention. Today serving nearly 1300 community banks and credit unions around the country, BancVue is empowering its clients to compete in and win the war against megabanks. For more information on BancVue, visit

About Ernst & Young Entrepreneur Of The Year

Ernst & Young Entrepreneur Of The Year® is the world's most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential, and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 140 cities in more than 50 countries.

About Ernst & Young

Ernst & Young is a global leader in assurance, tax, transaction and advisory services. Worldwide, our 141,000 people are united by our shared values and an unwavering commitment to quality. We make a difference by helping our people, our clients and our wider communities achieve their potential. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young LLP is a client-serving member firm of Ernst & Young Global Limited operating in the US. For more information about our organization, please visit

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Dan Mahoney



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