Minnesota-Based Bank Selects Lending Automation Platform to Streamline Customer and Employee Experience

New Market Bank and Teslar Software today announced their partnership to streamline the bank’s commercial and consumer lending processes. The bank will leverage Teslar’s configurable lending process automation platform, starting with exceptions management.

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Citizens Bank of Edmond Partners with Teslar Software to Transform Lending

Citizens Bank of Edmond and Teslar Software today announced their partnership to transform the bank’s lending processes. The $370 million asset bank was first introduced to Teslar Software at the 2019 ICBA ThinkTECH accelerator in Little Rock, Arkansas and later partnered with the fintech during the pandemic.

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Welcome Mike to the Team

Please join us in welcoming Mike Skaife to our team as the new SVP of Operations!

Mike joins us with many years of operations experience in the energy industry. In his role here at Teslar Software, Mike will lead our Support and Infrastructure teams to develop, implement, and ensure efficient operations that meet Teslar’s current and future needs. As an SVP, Mike will also work alongside Teslar’s leadership team to help drive vision and strategy. We chatted with Mike and asked him a few “getting to know you” questions to help us get better acquainted:

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Community Banks Considering their Options as Big Banks Remove Overdraft Fees

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.

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North Arkansas Bank Partners With Arkansas-Based Fintech to Streamline Lending Process

 

First National Bank of North Arkansas has selected Teslar Software’s robust lending process automation platform to enhance commercial lending operations. The Berryville, Ark-based bank will leverage Teslar’s technology to further automate and expedite their commercial lending, starting with exceptions and loan reviews.

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Welcome Tanner to the Team

Please join us in welcoming Tanner Thompson to our Support team as the newest Support Specialist!

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Welcome Quinton to the Team

Please join us in welcoming Quinton Neal to our Engineering team as the newest Software Engineer!

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How Banks Can Think Differently About Optimizing Margins

Net interest margin is a central measure of a financial institution’s long-term success and viability. In an industry that is currently seeing abnormal trends of lower loan originations, excess liquidity, global staff shortages and supply chain issues, closely monitoring margins is of even more importance for banks wanting to avoid falling behind peers.

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Skyline National Bank Launches Teslar Software’s Advanced Platform

Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, announced today that Skyline National Bank is leveraging its platform to amplify commercial lending productivity and strengthen communication across departments.

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Acquire or Be Acquired 2022 Recap

On January 29th - February 1st, Teslar Software attended the 2022 Acquire or Be Acquired Conference in Phoenix, Arizona. The Teslar team had a great time and many successful conversations during this year’s conference! It was exciting to reconnect with some of our clients and see friendly faces from all over the country. Conference attendees Joe Ehrhardt, CEO, Colin Savells, Account Executive, and Jacob McDaniel, Business Development Representative, reflected on their time at the conference last week.

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