California Bank of Commerce Increases Lending Efficiency With nCino Bank Operating System

California Bank of Commerce (OTCQX:CABC) has selected the nCino Bank Operating System to build more efficiency and cost effectiveness into their lending process.

nCino’s Bank Operating System allows California Bank of Commerce to build and customize their loan workflows, and it allows changes as business needs change and grow. The bank’s forms and documentation will be centralized, to expedite what the bank says is their “already fast application process.” Bankers will be able to digitally create, approve and track their documents and processes, plus double check internal procedures and compliance metrics. A real-time dashboard allows employees to prioritize their activities throughout the day.

nCino’s cloud-based system helps bankers to work in the field and in their office, giving them a window into the repository of documents and information related to a loan.

“California Bank of Commerce is a prime example of an organization reliant on technology and the mobility of its bankers to succeed. We are excited to partner with this institution, as its structure allows the bank to fully realize the benefits of our Bank Operating System. Its bankers will be equipped to do business in the field and at home base, and have a single source of truth for all loan activity.” Pierre Naudé, nCino CEO

California Bank of Commerce, which started in 2007, is a $428 million commercial bank out of a single location that focuses on serving businesses in Northern California, but it has clients in 14 states. In spite of the recession, the bank has prospered and grown, partly because of its use of technology to drive service delivery and partly because of its staff of seasoned commercial bankers. The bank’s drive to grow through improving service and efficiency lead to the decision to go with electronic document management and the nCino Bank Operating System.

Terry Peterson, California Bank of Commerce president and CEO, said “Our team of talented bankers has built this thriving commercial bank, but nCino is our next chapter, enabling our bankers to achieve greater efficiencies in our day-to-day processes. This technology will provide our bankers with a single system to manage our relationships. Instead of five disparate systems, our people will have nCino up all day, every day; the Bank Operating System has all that they need, whenever they need it.”

nCino’s Bank Operating System merges loan origination with CRM, business process management and reporting in a single cloud based platform, that allows the bank to consolidate their lending systems.



 

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