TOPIC: Commercial Accounts

Doc Prep System

Director at a Company (USA)
Originally Posted by Trisha Grover, Compliance Officer/Internal Auditor of First National Bank of Bagley, on 14 Mar 2019 to CBANC FI Professionals Community.

We currently have Finastra (Harland/D&H - whatever they are called now :-)) for our deposit and loan document prep.  We are currently looking at changing systems.  Does anyone have any recommendations as far as what system you use?  What's good about it and what's bad? Thank you for any input you can assist me with!!

    Small Commercial Loans

    Director at a Company (USA)
    Originally Posted by Chris Olney, Senior Vice President / Chief Credit Officer of North Valley Bank, on 23 May 2019 to CBANC FI Professionals Community.

         Would anyone be willing to share how "small" commercial loans are underwritten at their bank?  Do you have a streamlined presentation and approval process?  Do you use a scoring model, either purchased or developed in-house? Thanks!  

      Vendor Experiences

      Director at a Company (USA)
      Originally Posted by Jim Handley, Sr. Com/Ag Lender of Sunlight, on 16 Jun 2018, to CBANC FI Professionals Community.

      I'm a Commercial Banker who has switched over to a credit union. I'm working on up grading the Credit Union's loan department to full service AG, Commercial, Mortgage and Consumer offerings. Additionally we are wanting to make our products available on-line. In order to get this set up I'm looking to bring in a new vendor for Doc's, Administration and Underwriting support. I prefer one stop shopping if possible but I would mix and match vendors if that provided the best solution.Finastra (Laser Pro & Mortgage Bot) and Wolters Kluwer (Compliance One & CASH) are leading the pack right now. We are running CUnify on Fiserv.Does anyone have any experience with using either of these vendors on the core system we have in place?Any feedback or advice , good, bad or indifferent is appreciated. Thanks

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