This week, Unity Bank, a Wisconsin based lender, announced a partnership with HW tech 100 winner Finastra to streamline its Total Lending solution.

“At Unity Bank, investing in our communities through lending is an integral part of our business,” Unity Bank Chief Credit Officer Darrin Wilson said. “With Total Lending, we will be able to streamline our lending processes to offer our customers the best possible experience, while growing our lending business through improved operational efficiencies.”

Unity Bank will integrate Finastra’s solution into its existing core banking system, in a move that aims to streamline commercial and consumer lending processes, including its agricultural lending business, the company said in a press release.

The end-to-end credit management system aims to better the customer experience by reducing decisioning time, improving compliance with loan documentation and maximizing operation efficiencies with a “360-degree view” of relationships throughout the lifecycle.

 “As competition from larger national banks continues to grow, community banks can remain competitive and even expand their lending business organically by leveraging a single solution for commercial and consumer lending that incorporates origination, decisioning, processing, document preparation, and loan servicing — thus unlocking efficiencies and providing the level of service today’s consumers demand,” Finastra Senior Vice President of Community Markets Mike Dionne said.

Finastra recently integrated Optimal Blue's REST APIs into its mortgage origination solutions, therefore providing clients real-time access to compliant product and pricing content throughout the company's Fusion Mortgagebot solutions.

3d rendering of a row of luxury townhouses along a street

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