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Wednesday, 01 February 2012 7:57pm |
From first applications to final closings, some community banks make headway toward a seamless, end-to-end online lending process
By Ken Norkin
Legacy Bank in Oklahoma City has ventured where apparently few community banks dare to go. In January, the $450 million-asset community bank began offering customers the ease and convenience of partially automated online application and approval for consumer, auto, mortgage and home equity loans.
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Monday, 07 November 2011 4:29am |
Streamlining small-business lending decisions
By Robert Heuer
Kevin Atwood learned early in his 26-year banking career that a lot of busy work stood in the way of making informed decisions about commercial loans. A hodgepodge of software programs handled different components of the documentation process. Duplication was the name of the data-entry game.
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