community banks use technology to improve communication with customers
Banking, Technology

Is your communication with customers on par with your peers?

Excellent customer communication is the pinnacle of community banking. However, a new precedent for speed and digital offerings for your commercial customers has been set since the onset of the Paycheck Protection Program. Will people want to go into a bank branch to apply for a commercial loan when they were able to carry out the entire PPP loan process digitally? 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.

Read More
News, Banking

Teslar Software Predicts Greater Digitization of Commercial Lending to be Top 2022 Trend

Springdale, Ark., Dec. 6, 2021 – Teslar Software, provider of portfolio management tools that aggregate and automate lending and deposit operations for community financial institutions, today shared commentary on what most significantly impacted the market in 2021 and what financial institutions should watch as we head into 2022.

Read More
Best 9 Questions to Ask When Interviewing Potential Vendors
Banking, Technology

Top 9 Questions to Ask When Interviewing Potential Vendors

In the banking industry, innovation and technology are top of mind for community financial institutions who want to stay relevant. As you search for solutions to your CFI’s needs, you will undoubtedly vet many vendors. Give yourself an advantage and be sure to ask the right questions during the discovery process. These are some of the most important questions you should ask when interviewing potential partners to ensure the relationship is going to be a good fit.

Read More
As convenient as a virtual conference or webinar is, there are still many benefits to in-person conferences that just can’t be replicated on the internet
Banking, Technology

5 Reasons to Attend Your Vendor’s User Conference

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.

Read More
Community Banking in 2021
Banking, Technology

Community Banking in 2021

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.

Read More
Affordable Banking Software Helps Community Banks Compete
News, Banking, Technology

An Affordable Way for Community Banks to Compete in Online Banking

The banking industry is completely changing (and fast!) due to this global pandemic. While banks are typically slow to adopt technological changes, the pandemic has accelerated this process by years. Digital offerings are not just conveniences anymore, but legitimate necessities for customers now. This adaptation can be more difficult for community banks with more limited resources than it is for large banks, but community banks still want to be players in the game.

Read More
Consumer Experience & Post-COVID Trends: An Expert Panel Discussion
News, Banking

Watch Now: Consumer Experience & Post-COVID Trends: An Expert Panel Discussion

Teslar Software’s own David Hamrick participated in an Expert Panel Discussion ICBA webinar on April 22nd, 2021 on consumer experience and post-COVID trends in the banking industry.

Read More
Teslar Software Partnership Success Stories
News, Banking

Pendleton Community Bank President & CEO Discusses His Favorite Aspects of Teslar

At Teslar Software, we are in the business of creating highly efficient banks. We build tools designed to improve productivity and increase data accuracy throughout your entire institution. We provide community financial institutions with automated workflow and portfolio management tools to streamline and improve processes with easy access to relevant information needed to operate. Our innovative software is built on four pillars that we believe are essential to any financial institution that is eager to increase efficiency: Integration, Empowering Bankers, Streamlining Processes, and Scalability.

Read More
How much do Americans spend each year on Valentine's Day?
Community, Banking

Valentine’s Day Spending Trends

Consumer behavior is an important economic driving force. Although holidays are never about gift-giving or spending money, these cultural norms are still major factors for the economy. V Day is a staple day for retail industries like floral, candy, and jewelry. To get a deeper look at just how much we are spending, who is spending it, and what we are spending it on, we turned to NRF (National Retail Federation), who has surveyed consumers about Valentine’s Day plans annually for almost 20 years. 

Read More
Entrepreneurship is on the rise
Community, Banking

Entrepreneurship Increasing During the Pandemic

While the economic effects of coronavirus have led to business closures, job losses, and a drop in GDP, some are taking this as an opportunity to pursue passions and take risks. That’s right, entrepreneurship is on the rise. Americans are starting businesses at the fastest rate in more than a decade. As of September 2020, applications for EIN numbers had surpassed 3.2 million for the year1, with over 500,000 of said applications occurring from mid-Mach to the end of May alone2. This number is, unironically, up 500,000 compared to the year prior1.

Read More
All posts