First State Bank of the Southeast automates lending and saves $50K

https://bankautomationnews.com/allposts/lending/first-state-bank-of-the-southeast-automates-lending-and-saves-50k/?utm_source=rss&utm_medium=rss&utm_campaign=first-state-bank-of-the-southeast-automates-lending-and-saves-50k
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First State Bank of the Southeast estimates savings of $50,000 per year in employee hours from a new automation in its consumer and commercial lending process. The automation will also reduce loan turnaround time by 20%, according to Chief Credit Officer Penny Sharp, who heads the loan process at the Middlesboro, Ky., bank. The $350 […]

https://bankautomationnews.com/allposts/lending/first-state-bank-of-the-southeast-automates-lending-and-saves-50k/?utm_source=rss&utm_medium=rss&utm_campaign=first-state-bank-of-the-southeast-automates-lending-and-saves-50k