TOPIC: Vendors

New CBANC member benefit: CBANC Network announces the acquisition of Lendwell

Pleased to announce a new benefit for the CBANC community.  We've acquired Lendwell, a mortgage settlement services provider used by hundreds of small- and mid-sized FIs. 

Our acquisition of Lendwell is the next step in our strategy of unlocking the power of cooperation and the collective purchasing power of thousands of financial institutions within the CBANC Network. The Lendwell platform will help our network members reduce the cost of lending operations while improving their ability to serve their customers.

FIs can expect to save up to two hours of time per mortgage file and 15-20% on services like AVMs, property assessments, flood certifications and many others. Best of all, there's no up front fee for CBANC members, and it'll take about half an hour to get up and running with Lendwell.

Learn more and start the sign-up process at www.cbancnetwork.com/lendwell

    How many different programs or services do you currently use in your Mortgage Loan or Heloc process? More than two?

    You should take a look at our partners at Lendwell. You could get everything from:
    •    Automated Valuation Models
    •    Closing Services
    •    Document Preparation
    •    Flood Determination
    •    Legal & Vesting Reporting
    •    Lien Protection
    •    Property Appraisals
    •    Property Condition Reports
    •    Property Reports
    •    Title Insurance

    Get everything you need in one place. See more about Lendwell and Download our attachment.

      April Webinar - The Three-Legged Stool of Privacy, Data Security and Vendor Management

      You are invited to our April webinar about managing your privacy, data security and vendor management. Register for free today! If you are not able to make it to the live event, the recording will be available for download afterwards.
      Your financial institution is doing everything it can to protect consumer data, but what about your third-party vendors? With cyber breaches on the rise and a confusing patchwork of state, federal, and international privacy laws to contend with, it’s essential to have a game plan for managing privacy, data security, and vendor management at an enterprise level.

      This webinar will dive into best practices and strategies for managing and mitigating the risk of third-party vendors exposing your sensitive data. You’ll learn:

      • How data security/privacy regulations including Regulation P, GDPR, and state laws (including California and New York) impact GLBA-protected data, your institution, and your vendors
      • The biggest third-party security pitfalls
      • Strategies, processes, and safeguards for reducing third-party privacy breach risk
      • Proactive steps employees and departments can take to reduce the risk of a vendor privacy breach
      • Case studies and contingency plans for handling vendor data breaches
      It only takes one data incident to damage your financial institution’s reputation. Join us as we delve into the intersection of privacy, data security, and vendor management and highlight ways to help protect and manage vendor data privacy.

      Don’t miss this opportunity to learn how to manage your privacy, data security and vendor management!

      Register Today!