The Future of Teslar: Part 2 - Consumer Lending

As I continue this four-part series leading up to the Teslar User Conference, I want to spend the second segment on what I see as the biggest issues with consumer lending in banking.

The Future of Teslar: A Four-Part Roadmap Series

Banking has never moved as quickly as the innovations that are reshaping it, and we’re in a time of insane technological advancement right now. 

As the team at Teslar prepares for the upcoming Teslar User Conference (October 7-9), I thought I would share where we see the future of bank operations is headed, and how it impacts Teslar’s roadmap.

Increasing Efficiency and Productivity: Liberty National Bank's Success with Teslar Software

Liberty National Bank, based in Lawton, OK, partnered with Teslar to streamline document management, enhance operational efficiency, and improve productivity across their departments to support growth.

Teslar's 1071 Solution: Simple Compliance, Better Customer Experience

Section 1071 is designed to improve accountability and fairness in lending practices by requiring banks to collect and report demographic data on loan applicants. But what does this mean for relationship banking, especially when new business deals rarely begin with a formal application—sometimes just notes on a napkin?

Increasing Efficiency without Sacrificing Culture: Skyline National Bank's Success with Teslar Software

Headquartered in Independence, Virginia, Skyline National Bank serves communities across Southwest Virginia, the New River Valley, Western North Carolina and Piedmont, and Northeastern Tennessee. Committed to keeping hometown banking alive and well, Skyline delivers "always our best" through relationship banking and tailored solutions, providing clients with an exceptional banking experience. Deeply rooted in the communities they serve, Skyline upholds core values that resonate with their client base—smart, kind, young-at-heart, local, inspired, non-conforming, and energetic.

How Bank of Idaho Leverages Teslar's Platform to Streamline Operations and Improve Efficiency

As a service-oriented community bank, Bank of Idaho is committed to making a difference in their community. With locations spanning. Eastern Idaho, the Treasure Valley, and Eastern Washington, they offer a range of services from personal checking and savings, business checking and savings, business lending, SBA lending, mortgage lending, and trust and wealth management services.

Strategies to Combat Talent Shortages

As we continue to hear stories of businesses struggling to find and retain talent, it's becoming clear that this is the new normal. Many long-time employees retired en masse during the pandemic, leaving banks and other businesses struggling to attract new talent to fill those gaps.

Innovating Document Management Processes & How it Impacts Customers: First Community Bank and Trust's Success with Teslar Software

First Community Bank and Trust has a mission to be the bank whose customers wouldn’t think of banking anywhere else. With a history rooted in serving their communities and helping customers achieve their financial goals, the bank upholds core values of integrity, teamwork, excellence, and innovation. They offer a diverse range of personal and business banking services, emphasizing the importance of customer security and convenience through advanced online banking solutions.

Enhancing Banking Efficiency: The Power of Integrated Technology

In the dynamic realm of banking, efficient workflow processes are a common goal among financial institutions. Although there are many approaches, true process improvements are made by focusing not on a specific solution, but on the principles that drive efficiency.

One of the most significant of these principles is integration and its potential to redefine the way institutions operate.

Let Teslar Take You to the Playoffs

As any football fan knows, “decent” isn’t good enough. If you describe your offensive line as “eh, it mostly works,” your quarterback is probably ending most plays on his back.

Decent isn’t good enough. “Our system mostly works,” certainly isn’t good enough. That’s true for football and it’s true for banking.