Gate City Bank taps Lama AI to offer GenAI-led Business Lending Platform

By Gloria Mathias

Gate City Bank, the regional financial institution with locations across North Dakota and Minnesota, has announced its partnership with Lama AI, a provider of GenAI-powered loan origination solutions.

By implementing Lama AI’s full suite of business banking capabilities, Gate City Bank will leverage technology to elevate business lending operations, delivering a seamless borrower experience and unlocking growth potential for business customers.

By partnering with Lama AI, Gate City Bank will continue to drive transformative improvements by harnessing innovative tools to optimise turnaround times and deliver exceptional value. As a result, it will continue to prioritise servicing customers and driving strategic initiatives, while business clients can expect quicker and more convenient access to credit.

“Our partnership with Lama AI demonstrates our commitment to redefining business lending with innovative, customer-focused solutions,” said Ryan Goellner, EVP of Technology and Project Management at Gate City Bank. “With its advanced features, rapid configurability, intuitive design, and exceptional support, partnering with Lama AI empowers us to work with greater precision and agility, ensuring we can meet the evolving needs of our customers while maintaining a strong focus on risk analysis and compliance.”

“Gate City Bank’s adoption of our GenAI-powered lending platform confirms that financial institutions are ready to move beyond legacy systems,” said Omri Yacubovich, CEO & Co-Founder of Lama AI. “Our partnership is about more than just efficiency—it’s about redefining what’s possible. Together, we’re building a more intelligent, agile, and customer-centric lending experience that keeps pace with the changing landscape of business banking.”

Lama AI provides an end-to-end GenAI origination platform, helping banks boost efficiency while supporting significant portfolio growth. Trusted by community and regional banks, Lama AI enables its partners to streamline workflows, reduce manual tasks, increase deal flow, and speed up decision-making. Lama AI is on a mission to provide small businesses with fair capital in a more profitable and user-friendly manner.