Bank of the Pacific has selected Sageworks Banking Platform to underpin its CRM and loan origination needs.

The bank, which operates eight commercial banking centers and 18 retail operations across Western Washington and Northwest Oregon, realised its current system “was not delivering the functionality or efficiency” it required, and entered into a search for a new set of solutions. Over a 10-month period the bank did “extensive research”, ultimately identifying Sageworks Banking Platform.

Though two separate teams at the bank were vetting lending and ALLL (allowance for loan and lease losses) solutions, both came to the conclusion that Sageworks was the “optimal choice for meeting their goals”.

“Our employees come first in our mission statement,” explained G. Walker Evans, EVP & Commercial Banking Manager at Bank of the Pacific. “Our staff are committed to success, they’re motivated, and they are entrepreneurial. If we can set them up with the best, most efficient tools to make them better producers, they’re going to be more satisfied given increased bandwidth to attract and serve more customers, and they are going to do a darn good job taking care of customers who come next in our mission.

Related: Peoples State Bank selects Sageworks Banking Platform

“With the resulting revenue growth, we’ll then take care of our shareholders and also reinvest in our community as both are also key parts of our mission. That kind expertise and can-do attitude we saw in Sageworks during due diligence and now during implementation. Working with Sageworks has been delightful so far, and we’re looking forward to what the future holds.”

“Bank of the Pacific is a savvy group of buyers who knows what they’re looking for in a partner” commented Jay Blandford, Sageworks’ President. “We’re glad that the bank recognized Sageworks’ potential to empower them with the right tools and guide them in their transformation, and we look forward to seeing them reach their goals for business development.”

by Alex Hamilton
Alex is Senior Reporter at IBS Intelligence, follow him on Twitter or contact him at: alexanderh@ibsintelligence.com
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