First Community Bank Partners with Teslar Software
We are excited to announce our new partnership with First Community Bank!
The holiday season is a time of joy and generosity, and also a lot of shopping. While we’re busy decking the halls, many of us are also decking our shopping lists with gifts for loved ones. As the years go by, one thing has become increasingly clear: holiday shopping isn't what it used to be. But thanks to the power of fintech, the way we shop, budget, and spend during the holiday season has undergone a remarkable transformation. Some fintech solutions are making holiday shopping more convenient, secure, and personalized than ever before.
New Market Bank is a family-owned community bank that has been serving the South Metro area of Minnesota for over a century. Founded in 1905, the bank has grown to become a $193.4 million institution, with branches in Elko New Market, Lakeville, and Prior Lake. The bank has a rich history of family ownership, with Anita Drentlaw currently serving as CEO, President, and CFO, and representing the fourth generation of her family to lead the bank.
Our team had a great experience at IBAT’s 49th Annual Convention in Frisco, TX! This September, industry leaders and partners came together to discuss the latest banking trends and technologies and share insights on navigating the current financial landscape. The convention was packed with informative sessions, fun activities, and networking opportunities.
The Teslar team had the pleasure of attending the 2023 BankIn Minnesota Annual Convention in Eagan, MN earlier this month! Conference attendees David Hamrick and Bethany Wood sat down to discuss their favorite parts of the event.
The Teslar team had an amazing time in San Diego, CA last week at the Jack Henry Connect 2022 conference! Conference attendees Colin Savells, David Hamrick, and Jacob McDaniel sat down to discuss their favorite parts of the event.
As Americans are beginning to feel the weight of current inflation, thoughts of a coming recession have been on the minds of many. Earlier this month, the Federal Reserve raised interest rates for the first time since 2018 in an attempt to combat inflation. While this announcement has put some minds at ease, there are still many Americans concerned this is just further evidence a recession is coming.
Teslar Software has been selected by bank executives as a top lending platform/automation technology in Bank Director's digital transformation poll released this month. These solutions were selected based on innovation, ease of use, service, and ROI.
Citibank recently announced plans to eliminate overdraft fees beginning this summer, making it the largest bank thus far to implement this policy, according to the press release. The bank announced it would stop charging overdraft fees, returned item fees, and overdraft protection fees in an effort to be more financially inclusive.