Opportunity Bank of Montana and Teslar Software partnered to streamline the bank’s lending process for both employees and customers. The bank anticipates loan growth of up to 10% this year and leveraging Teslar will allow it to scale efficiently.
Opportunity Bank of Montana is a farm services agency guaranteed lender and a residential mortgage lender in Montana. The bank has 24 locations across Montana and has been committed to serving its community for 100 years.
“We want to be known not as a bank with some technology offerings, but rather as a technology leader that delivers banking services. This is why we’re committed to investing in modern, transformative solutions like Teslar,” Pete Johnson, CEO of Opportunity Bank of Montana, said. “Teslar allows us to track loans with complete accuracy and precision, ultimately saving borrowers and lenders time. We’re confident that Teslar’s platform is going to be instrumental as we strategically grow our portfolio.”
Teslar provides the tools and visibility needed to ensure consistency and expedite loan fulfillment, optimizing insight and productivity. Tasks that were previously staff-intensive, such as document indexing, will be automated through Teslar’s operational workflows, creating efficiencies and reducing the chance of human errors.
“We’re proud to deliver the robust technology needed to help manage Opportunity Bank’s portfolio and growth plans,” Joe Ehrhardt, CEO and founder of Teslar Software, said. “Our partnership will allow their lenders to focus more time on what they do best: serving and supporting the community.”
