Lakeview Bank Partners with Suntell to Launch the Square 1 Credit Suite

With a focus on their customers, Lakeview Bank is pleased to announce a strategic partnership with Suntell, launching the Square 1 Credit Suite.

Lakeview Bank Partners with Suntell to Launch the Square 1 Credit Suite

With a focus on their customers, Lakeview Bank is pleased to announce a strategic partnership with Suntell, launching the Square 1 Credit Suite. This innovative offering is designed to enhance accuracy, efficiency, safety, soundness, data integrity, retrieval, and risk management for their valued business customers.

“Suntell’s Square 1 Credit Suite enhances asset quality, regulatory examination results, and workflow efficiency for community financial institutions like Lakeview Bank, while prioritizing the cultivation of strong relationships over transactions. By providing comprehensive solutions that bolster efficiency and security, we empower our clients to excel in their service to the community,” said Ronnie Wooten, CEO of Suntell.

The Square 1 Credit Suite, powered by Suntell, offers a range of tools, including business loan credit analysis, CECL extract, approval management, loan workouts, credit risk rating, document imaging, integrations, and portfolio reporting.

Suntell, a respected industry leader since its founding in 1996, has a history of innovation in loan management systems and expanded its offerings to include Suntell Document Imaging for managing borrower, loan, and deposit documents; AgExam for agricultural analysis; Stress Tests for comprehensive risk assessment; and Loan Queue and Dashboards for streamlined workflow management. Together, these components form the Square 1 Credit Suite.

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For media inquiries or further information, please contact:

Ronnie Wooten, CEO
Phone: 888.848.7349, ext. 219
Email: rwooten@suntell.com

About Suntell:

Suntell, founded in 1996, is a leading innovator in providing powerful loan management systems and comprehensive financial tools to community financial institutions. Their Square 1 Credit Suite® is designed to optimize accuracy and efficiency, enabling institutions to focus on better serving their customers and achieving their business goals. For more information, visit www.suntell.com.

About Lakeview Bank:

Lakeview Bank, a privately held community bank, opened for business on July 8, 2004. Its Board of Directors, primarily comprised of members who live and work in the Lakeville and surrounding area, makes decisions based on the fundamental principle to serve the community’s financial needs and improve residents’ and businesses’ quality of life. Lakeview Bank provides commercial and residential banking services, mortgages, loans, and a wide range of financial products. For more information, please visit www.lakeview-bank.com

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FAQs

How does a loan origination system work?

An LOS is defined as a system that automates and manages the end-to-end steps in the loan process – from the application, through underwriting, approval, documentation, pricing, funding, and administration.

What is the difference between loan origination and underwriting?

A loan officer is someone who works for a bank or credit union or other financial institution and offers loans to borrowers, while an underwriter is someone who analyzes documents from potential borrowers to determine if they are eligible for a loan.

What are the benefits of loan origination software?

By now, lenders are well versed in the benefits of a digital loan origination system, such as: Providing borrowers with easy, streamlined, and digital applications. Providing bankers with automating spreading and financial analysis tools.

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