Jacob McDaniel

Jacob McDaniel
Jacob McDaniel is an Account Executive at Teslar Software, a provider of lending process automation tools for community financial institutions. In this role, Jacob builds relationships with community bankers to assist them in implementing new strategies and technology designed to increase efficiencies and streamline processes across their institution. Jacob began his career as a Sales & Marketing intern for Teslar Software. Since obtaining a bachelor’s degree in communications from the University of Arkansas, Jacob has served in multiple roles on the Sales team, honing his skills and passion for relationship building. Outside of Teslar Software, you can catch Jacob on the golf course with his friends or playing fetch at the park with his lab, Roddy.
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Recent Posts

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Community, Banking

Leveraging AI as a Community Bank

Every year, artificial intelligence (AI) becomes increasingly prevalent within the banking industry. Community banks can utilize AI technology to enhance their relationships with their customers and create new ones.  Relationships are the strongest value a community banker has, and the relationships built by local banks are vital to their longevity and success. AI can allow bankers to track current customers more efficiently and locate potential new ones within their community. 

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Community, Banking

U.S. Banks Report a Strong Q1 2019

With 2019 approaching the halfway point, we are starting to get a better idea of how banks are doing for the year. Fortunately, banks across America are reporting a very strong Q1, with the net income of the banking industry for this quarter reaching over $60 billion1. Community Banks were some of the biggest winners this quarter with net income rising to $6.5 billion, a 10 percent increase from the previous quarter2.

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Stop_Elder_Abuse
Community, Banking

Elder Abuse in Banking

Elder abuse in banking has been a prevalent issue for years. It impacts millions of American families and their finances. Each year, over 5 million elderly customers are scammed as a result of elder abuse1. The price tag for this fraud totals over $3 billion annually and is rising every year1. The Senior Safe Act entered into law in 20181. This is the first major piece of legislation aimed at taking strides in preventing elder abuse in banking. Through this bill, serious steps were taken to to better detect and stop elder abuse.

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Community

Community Banks - In the Business of Helping Small Businesses

Community banks can have a tremendous effect on the success of the small businesses around them. For decades, community banks have been the backbone to entrepreneurship in America and are critical in the start-up phase of small businesses.  Community Banks are responsible for over 40 percent of all small business loans awarded in America1. This shows that small businesses are more likely to receive the help they need from community banks than their larger counterparts.

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