LoanVantage Release 3.14.2 is being rolled out. It contains mostly bug fixes including compliance items relating to HMDA 2018 requirements, plus a cool enhancement.
You can view the release notes in the Member’s Area
The New Year brings an exciting new announcement!
We are pleased to let you know about the formation of the LoanVantage User Group, which will be formed and managed by our LoanVantage clients.
Matt has experience in leading other User Groups and we couldn’t be more thrilled to have Matt start the LoanVantage User Group.
Matt started with the bank in 2009 on an internship from Whittier Tech. When he graduated, he came on full time as a Junior Loan Servicing Specialist where he excelled. Matt always likes being involved in projects and taking on new things, so when the opportunity arose that could utilize his skills and great potential, the bank created a Loan Project Coordinator position for him. Matt became responsible for getting loan systems (like EasyLender and LoanVantage) up and running. He not only built the systems, but he also trained the entire loan staff. Matt puts his heart and soul into everything he does and his dedication, loyalty, and “can-do” spirit has made him an invaluable asset to the bank and a true friend to all who work there.
We are delighted to have Matt’s excitement and energy put to use with LoanVantage and I am sure you will agree.
This User Group will be completely user-driven; VSG will participate as a member. This will be YOUR opportunity to strategize, plan, compare notes, talk about enhancement requests, best practices, and get help from other institutions that are using LoanVantage.
You will soon be receiving an email directly from Matt. We hope you will take advantage of this opportunity and be an active participant!
Vanguard Software Group
P.S.! Look for an announcement about our Spring User Conference soon!
Avidia Bank of Hudson, MA has chosen Vanguard Software Group’s LoanVantage™ to fully automate and enhance its Commercial Loan Sales Opportunity Tracking, Analysis, Underwriting, Review and Management. Integrated with their FIS IBS core processing system, LoanVantage™ will allow Avidia Bank, with assets in excess of $1.3 Billion, to standardize its Commercial Loan Processes including sales and pipeline tracking, loan requests, financial analysis, underwriting and loan review and automate the management of its growing Commercial Loan portfolio.
“We are pleased to choose LoanVantage™ and work with Vanguard Software Group, a partner that is uniquely positioned to deliver seamless, robust and complete front-to-back Commercial Loan automation. With a focus on Risk Management, LoanVantage will standardize and enhance the processes we have in place, enable us to gain greater consistencies and efficiencies and introduce new products in the future,” said Margaret Sullivan, SVP/CFO at Avidia Bank. “Working with Vanguard Software Group and their active User Group, we will have input into future capabilities and ensure that LoanVantage will be a major contributor to our on-going success.”
Vanguard Software Group continues to make its mark on the Commercial Lending technology market by forming partnerships with a growing number of financial institutions across the country. As innovators in Commercial Loan automation, Vanguard Software Group is a key partner of its Banks and Credit Unions. Commercial Lending is an important strategic initiative for these financial institutions and LoanVantage’s ability to deliver Commercial Loan Lifecycle Management enables them to improve their current processes and expand their market share.
Flushing Bank of Uniondale, NY has chosen Vanguard Software Group’s LoanVantage to fully automate and enhance its commercial loan analysis, underwriting, review and management. Integrated with their FIS Miser core processing system, LoanVantage will allow Flushing Bank to standardize its commercial loan processes including loan requests, financial analysis, underwriting and loan review and automate the management of its growing commercial loan portfolio.
“We are pleased to choose LoanVantage and work with Vanguard Software Group, a partner that is uniquely positioned to deliver seamless and flexible commercial lending automation. Leveraging technology to gain efficiencies and deliver a superior customer experience is an integral part of our growth strategy. We recognize it is imperative to keep pace with advancements in the marketplace and adapt to stay current with evolving trends to remain competitive.” said John R. Buran, President and Chief Executive Officer of Flushing Bank. “Given our shared philosophy of exceeding customer expectations, we are confident that Vanguard’s end to end, loan lifecycle solution will help us surpass this goal. Working with Vanguard Software Group and their active User Group, we will have significant input into future functionality and new product introductions to ensure that LoanVantage’s robust, flexible platform will contribute to our ongoing success.”
Vanguard Software Group has made its mark on the bank technology market in recent years by forming partnerships with a growing number of financial institutions across the country. As innovators in Commercial Loan automation, Vanguard Software Group is a key partner of its Banks and Credit Unions. Commercial lending is an important strategic initiative for these customers and LoanVantage’s ability to deliver commercial loan lifecycle management enables them to improve their current processes and expand their market share.
“We are honored that Flushing Bank has chosen LoanVantage and pleased that they are already contributing to our User Group. The input from our client partners enables us to constantly improve the delivery of our industry leading commercial lending analytics, underwriting, review and management solution and better serve our customers,” said Mark Hill, President and CEO of Vanguard Software Group. “Automating the complete commercial loan lifecycle and satisfying every one of our customer’s needs is our top priority.”
About Flushing Financial – Flushing Financial Corporation (Nasdaq: FFIC) is the holding company for Flushing Bank®, a New York State-chartered commercial bank insured by the Federal Deposit Insurance Corporation. The Bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, and cash management services through its 19 banking offices located in Queens, Brooklyn, Manhattan, and Nassau County. As a leader in real estate lending, the Bank’s experienced lending team creates mortgage solutions for real estate owners and property managers both within and outside the New York City metropolitan area. The Bank also operates an online banking division, iGObanking.com®, which offers competitively priced deposit products to consumers nationwide. Additional information on Flushing Bank and Flushing Financial Corporation may be obtained by visiting the Company’s website at http://www.flushingbank.com.
About Vanguard Software Group – Vanguard Software Group is dedicated to building industry leading software for the commercial lending industry and delivering Commercial Loan Lifecycle Management to our Banks and Credit Unions. Since 2006, Vanguard Software Group has developed robust solutions for commercial lending working directly with our client partners and focused on differentiating each and every one of them from their competition. Vanguard Software Group’s passion is collaborating with our client partners to develop systems that significantly improve the efficiencies, output, analytics and accuracy in all areas of commercial lending. For more information, please contact John Bagdon at email@example.com at 407.475.0005 x1013.