TOPIC: Accounting

Accounts Payable Software

SVP at a bank ($285MUSA)
We currently use BankTel; however the current program is at end of life at the end of this year.  They are requiring us to switch and will charge implementation fee as well as raise monthly fee.  We use CSI and need to interface with them.  Are there other vendors that anyone is aware of?

    CECL Solution Tailored for Community Financial Institutions

    PCBB’s full-service, SaaS CECL solution includes all 7 methods, offering the flexibility to reconfigure methods, as the market conditions change. With over 20 years of experience and the only bank providing a CECL solution, PCBB brings a unique approach for a successful CECL implementation. Our Banking Experts provide you with as much or as little assistance as needed and guide you every step of the way.

    Check out our short video for more information:

      Construction/Perm discount point

      Employee at a bank ($1BUSA)

      On construction/perm loans 1 discount point is a fee charged as part of our program.
      During the 12 month construction phase the loan is booked to the bank & the point placed in deferred fees over the life of the loan. After construction, loan is sold to secondary market and removed from bank's books however there is a remaining balance in the deferred account - we would like to move this balance to our secondary market fee income - can anyone offer guidance and/or best practices?

        Is This Partnership a Right Fit? More than 50 Banks Found Out Firsthand.

        In January, 56 community banks from 20 states joined Bankers Healthcare Group for a behind-the-curtain experience at our Informational Regional Seminar in Nashville, Tenn.

        Our 75 attendees heard from BHG’s Founder/Chairman/CEO Al Crawford and c-suite leadership team in finance, credit, underwriting, compliance, marketing, sales, and analytics. This was a great opportunity for them to learn about our business model, commercial medical loan program and financial strength, and uncover new revenue opportunities for their banks.

        We had a great mix of prospective customers and current customers from some of BHG’s 940 bank partners, which gave everyone a chance to network and learn. Prospective customers love to hear about the experiences of current customers, while current customers appreciate the business and product updates, as well as the opportunity to connect with key BHG contacts.

        Our seminars are a great way to get to know BHG—and we hold them throughout the year, across the country. If you’d like to attend an upcoming seminar, please email or call 877-731-6562 to get the details!

        About BHG: Bankers Healthcare Group (BHG) is the leading provider of financial solutions for licensed healthcare professionals. The company originates, underwrites and funds medical and professional loans before selling them to local banks nationwide.

        To date, BHG has underwritten nearly $15 billion in commercial loan requests with an average size of $100,000, providing a network of more than 940 U.S. community banks a source for premium loans, portfolio diversification, and competitive yields without overhead costs traditionally associated with this quality borrower. Banks purchase BHG loans through a secure, online system that allows for daily sale and delivery of loans. This has been a highly effective channel for a bank to quickly approve and purchase loans according to their underwriting standards. BHG’s 2018 sales distribution has averaged $4 million per day and new loans are posted daily.

        Pinnacle Financial Partners, Inc., and its subsidiary Pinnacle Bank hold a 49% total interest in BHG.