Welcome Katy to the Team
Welcome Katy Fowler to the team as the Vendor Compliance Program Manager!
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$1.4 Billion-Asset Community Bank Partners with Fintech for Lending Process Automation
Opportunity Bank of Montana and Teslar Software today announced their partnership to streamline the bank’s lending process for both employees and customers. The bank anticipates loan growth of up to 10% this year and leveraging Teslar will allow them to scale easily and efficiently.
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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:
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.