South Shore Bank Adds New Loan Technology Provider
The bank says the software from Lenders Cooperative will help it automate and standardize back-office collaboration across the loan lifecycle.
The bank says the software from Lenders Cooperative will help it automate and standardize back-office collaboration across the loan lifecycle.
Core provider Jack Henry surveyed over 100 bank and credit union CEOs from its core customer base during the first quarter.
While less than half of U.S. banks said they were very or extremely satisfied with their core technology provider, these vendors overestimated their effectiveness in helping banks, according to the American Bankers Association.
While several banks have announced plans to reduce branch footprints in recent months, a local credit union just opened a new branch that shows one way financial institutions might change how customers interact with brick-and-mortar sites.