National Bank & Trust and Teslar partner to modernise lending processes

By Edlyn Cardoza

National Bank & Trust and Teslar Software announced their partnership to streamline and modernise the lending processes. The community bank has selected Teslar’s comprehensive suite of automated workflow and portfolio management tools to reduce the time spent on tedious manual tasks, allowing employees to focus on strategic initiatives, such as expansion plans and portfolio diversification.

“We strive to offer innovative technology while building deeper customer relationships within our community. Teslar Software is the solution to help us accomplish just that,” said Tracy Harris, CEO and president of National Bank & Trust. “Through our partnership, we will be able to complete tasks and access data faster, helping our lenders more seamlessly manage their portfolios from anywhere. Plus, Teslar will help us with the current talent dilemma, enabling us to operate efficiently and grow without needing to add staff. Teslar squarely supports our bank’s broader vision and allows us to strategically position ourselves for the future.”

The visibility gained from Teslar will provide National Bank & Trust with deeper insights into individual customer portfolios, allowing lenders to track exceptions better and manage loan documents, which will also help from a regulatory perspective. Teslar’s secure portal will allow customers to upload financial statements and monitor the status of their loans, improving the borrower experience.

“We’re proud to partner with National Bank & Trust, delivering the technology needed to provide an efficient, high-touch approach to customer service,” said Joe Ehrhardt, CEO and founder of Teslar Software. “We look forward to working alongside National Bank & Trust as they continue to support the community that has trusted them for over 130 years.”

Recently, IBS Intelligence reported that FNB Community Bank and Teslar Software had announced their partnership to streamline and automate lending processes. The community bank is leveraging Teslar’s exception tracking and loan management software to save time and increase operational efficiencies, freeing lenders to focus on the borrower experience.