back Back

Teslar Software and FNB Community Bank partner to automate lending processes

By Edlyn Cardoza

July 07, 2022

  • Commercial Lending
  • Community Financial Institutions
  • Digital Lending
Share

FNB Community Bank, Teslar Software, Loan Management, Community Financial Institutions, Oklahoma, USAFNB Community Bank and Teslar Software recently announced their partnership to streamline and automate lending processes. The community bank is leveraging Teslar’s exceptions tracking and loan management software to save time and increase operational efficiencies, freeing lenders to focus on the borrower experience.

“The seamless integration of Teslar’s technology with our core processor is what won us over initially, and since going live we’ve been impressed with the range of features and functionality available,” said Bill Croak, president and CEO of FNB Community Bank. “We pride ourselves on being a locally owned community bank, committed to meeting the needs of our loyal customers and providing top-tier service. By automating and streamlining our loan processes, we can continue to serve our community with a personal touch, even as we grow and expand. We look forward to a long-term relationship with Teslar Software.”

With Teslar, FNB Community Bank can better track exceptions and manage documents, increasing visibility into the pipeline and empowering lenders with easier access to relevant borrower and portfolio data. Teslar’s technology also helps improve reporting, allowing lenders to spend more time on strategic initiatives and building deeper customer relationships.

“FNB Community Bank has a strong commercial portfolio and is investing in the technology necessary to optimise support for these local businesses,” said Joe Ehrhardt, CEO and founder of Teslar Software. “By leveraging Teslar, FNB Community Bank has the tools and transparency needed to boost efficiencies and reveal critical insights to help drive growth and success. We are proud to support FNB Community Bank as they continue to expand.”

Teslar Software, founded in 2008, is a configurable lending process automation platform for community financial institutions. Teslar transforms commercial lending by providing easy access to centralised, relevant information to balance portfolios, optimise profits and help community bankers effectively serve their customers.

Previous Article

July 07, 2022

Griffin announced that it had raised $15.5m in funding

Read More
Next Article

July 07, 2022

SICO launches eKYC services for its online platform, SICO LIVE

Read More








IBSi Daily News Analysis

Web3, Indian market

April 16, 2024

Commercial Lending

Explosive growth in Web3: UAE and MENA region poised to lead crypto, DeFi, and Metaverse revolution

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

FinbotsAI set to boost credit risk management for Myanmar’s KBZ Bank

Read More

Today

India’s Veefin expands Supply Chain Finance & Digital Lending in Africa with Computech Limited

Read More

Today

Liberis and Shop Circle partner to launch e-commerce SME funding

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023