Pinnacle Bank launches Teslar software to improve lending relationships

Teslar Software announced Pinnacle Bank has launched its platform to provide better commercial lending relationships, while also streamlining processes, increasing transparency and boosting efficiencies, according to a press release.

The Nebraska-based Pinnacle Bancorp, a $14.5 billion financial holding company with 151 locations in seven states, will leverage Teslar’s reporting capabilities for better visibility into loans coming due, asset quality and deposits, enable lenders to save time and be more productive on driving relationships and revenue.

“At Pinnacle Bank, we are friends, neighbors and pillars in the community; as such, we are dedicated to providing small businesses with easy access to well-fit lending opportunities,” Brian Morrow, vice president and chief risk officer of Pinnacle Bank said in the release. “Partnering with Teslar Software provides us with the quality of service and efficiency gains we need to help the community and scale with ease. Since Teslar is core agnostic, integration was easy, and it’s a comfort to know that if we acquire other banks in the future, Teslar can support other cores. Their team’s high touch and high service approach has made our transition as smooth as possible.”