Our Blog
How Loan Software for Lenders Fits in to the Loan Origination Process
Working with as many community banks and credit unions as we do, we have found that each follows unique loan origination processes and uses certain definitions (or even terms) for each stage of the process. Despite the differences between financial institutions, one...
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Suntell CEO Corner
Happy new year! The first thing I do before looking forward is to look back at the past year and reflect on what was achieved and where we came up short. 2019 shaped up to be another great year at Suntell on the heels of a very good 2018. We welcomed 12 new community...
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CECL Compliance Challenges: Community Banks vs. Credit Unions
While SEC registered financial institutions are readying for the current expected credit loss (CECL’s) implementation deadline in first quarter of 2020, community banks and credit unions are not far behind with their own planning and measures. As always is the case,...
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Preparing Your Community Bank or Credit Union for the New Current Expected Credit Loss Model (CECL)
How Credit Risk Management Software Will Help Streamline the CECL Implementation Process The Financial Accounting Standards Board, better known as the FASB, is giving smaller lenders like community banks and nonprofit credit unions more time to prepare for and...
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Employee Spotlight: Cem Oguzhan
This month, we are featuring our Senior Developer, Cem Oguzhan. Cem has been with Suntell for 13 years and would find the Loan Presentation and Credit Analysis areas most helpful if he worked for a bank or credit union. Cem is honest, reliable, and intelligent and...
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Suntell CEO Corner
In my previous quarterly blog, I discussed 5 key areas to review as a form of an annual or periodic internal health checkup of your lending environment as a preemptive mitigation of potentially increasing risks resulting from a future economic recession. Because I...
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