/retail banking

News and resources on retail banking, consumer finance and reinventing customer experience in finance.

First National Bank of Oklahoma to implement Teslar software

First National Bank of Oklahoma and Teslar Software today announced their partnership to streamline the bank’s lending processes.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

With Teslar, First National Bank of Oklahoma will be able to track exceptions and manage documentation with greater speed and ease.

“Teslar Software was the natural fit to partner with based on the positive experience we had when leveraging their PPP solution; we experienced firsthand that they’re a nimble, dependable organization that truly understands and cares about community banks,” said Mel Martin, president and CEO of First National Bank of Oklahoma. “Teslar’s technology will not only significantly help us improve operations from an efficiency standpoint but will also help us better manage risk in our portfolio.”

First National Bank of Oklahoma has experienced steady organic growth over the past 15 years. With Teslar, they’ll leverage automated workflows, reporting and exceptions management tools and easily access data directly from the core to improve the commercial, consumer and agricultural lending process as they continue to scale.

“We’re excited to partner with First National Bank of Oklahoma as they leave the era of pen, paper and Excel spreadsheets behind,” said Joe Ehrhardt, CEO and founder of Teslar Software. “Modernizing technology will allow the bank to provide a better borrower experience and create new efficiencies throughout the lending process. We’re glad Teslar is part of the journey and look forward to supporting their team.”

Sponsored [New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review[New Report] The Future of Payments in Major Global Markets: A Mid-Decade Review

Comments: (0)

Entering the Originate-To-Distribute era: Exploring commercial lending and portfolio diversificationFinextra Promoted[On-Demand Webinar] Entering the Originate-To-Distribute era: Exploring commercial lending and portfolio diversification