Welcome Shawn to the Team
Please join us in welcoming Shawn Roop to our Support team as the newest Support Engineer!
Community bank leveraging platform for commercial lending after experiencing strong PPP success
SPRINGDALE, Ark. -- Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, announced today that Citizens Bank & Trust has partnered with them to streamline lending processes from beginning to end, boosting efficiencies and creating a better customer experience.
Conferences are on our mind right now as we’re preparing for the annual Teslar User Conference coming up this September. Navigating conferences in this post-pandemic/lingering pandemic atmosphere poses its own challenges as we seek to meet the needs and preferences of our clients.
Springdale, Ark., July 7, 2021 – Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, announced today that their technology powered over 20% of Paycheck Protection Program loans issued in 2021. The 1.3 million loans powered by Teslar this year represent $22 billion of funding for small businesses across the country. The fintech received SBA approval of 80 loans per minute during peak times.
Community banks have always been good at creating lifetime customers, but evolving technology and customer demands can complicate your ability to satisfy customers post-pandemic. There is a running joke in the banking industry that the pandemic took five years of technology growth and pressed it into one. With the additional demands put on bankers by the Paycheck Protection Program (PPP), that joke is one hundred percent true. Now that these digital expectations have been set, there’s no going back. Bankers can’t revert to doing things the same way they did before the pandemic. It’s just not an option.
Meet Kevin Tweddle! Kevin is the Senior Vice President of Community Bank Solutions for the Independent Community Bankers of America (ICBA). Kevin has many responsibilities in his role, one of them being innovation, which is how he first got involved with Teslar Software.
Meet Camille Phillips! Camille is a banking industry veteran who has worked in both small and large financial institutions, regulators, and private consulting. She currently works as the SVP/Risk Officer at Today’s Bank and serves as a member of Teslar Software’s Board of Directors.