Stanford Federal Selects nCino

WILMINGTON, N.C.--nCino, a provider of secure, cloud-based operating solutions to the financial services industry, said that Stanford Federal Credit Union in Palo Alto, Calif. has selected its Bank Operating System to improve efficiencies in commercial lending and consolidate other disparate platforms to manage the complete loan process in one place.

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“nCino will help us deliver on that commitment to our members; granting our employees a comprehensive view of each member relationship and transparency into the loan portfolio gives us data to more proactively serve our borrowers and measure success throughout the loan lifecycle,” the $1.6-billion CU said.

nCino’s Bank Operating System will allow Stanford FCU to centralize and manage processes from origination all the way through to loan closing, as well as automate the entire transfer of documents between hands, according to the company.

Section: Standard
Word Count: 230
Copyright Holder: CUToday.info
Copyright Year: 2019
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URL: http://www.cutoday.info/THE-market/Stanford-Federal-Selects-nCino