CNB Meridian Chooses LoanVantage
Orlando, FL., December 15, 2014 – Citizens National Bank of Meridian, MS has chosen Vanguard Software Group’s LoanVantage, and its in-house hosting option, to fully automate and enhance its Commercial Loan processing. Integrated with their FIS Bankway core processing system, LoanVantage will allow Citizens National Bank, with assets in excess of $1 Billion, to standardize its Commercial Loan Processes including loan requests, financial analysis, underwriting, loan review, and management of its growing Commercial Loan portfolio.
“We have had success as a LoanVantage user for the past three years and, with our new agreement, are pleased to expand our relationship with Vanguard Software Group. LoanVantage is uniquely positioned, with its integration to Bankway, to deliver seamless and robust Commercial Lending automation that standardizes and enhances the processes we have in place and enables us to introduce new products in the future,” said Shane Callahan, Chief Information Officer of Citizens National Bank of Meridian. “We are actively involved with Vanguard Software Group and their User Group, and appreciate the significant input into future capabilities that this participation ensures us.”
Vanguard Software Group has made its mark on the Commercial Lending 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 delivers a robust and seamless solution to 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 every financial institution partner to improve their current processes and expand their market share.
“We greatly appreciate the partnership we’ve had with Citizens National Bank of Meridian and are very pleased that, with this agreement, we will be expanding that partnership for LoanVantage, our industry leading Commercial Lending Analytics, Underwriting, Review and Management solution,” said Mark Hill, President and CEO of Vanguard Software Group. “Automating the complete Commercial Lending process and satisfying every one of our customer’s needs is our focus. Enabling our customers to deliver on their key Commercial Lending initiatives is our top priority.”
About Citizens National Bank of Meridian – Citizens National Bank is an independent, Mississippi-owned community bank, with 27 bank locations throughout the state of Mississippi in Meridian, Quitman, Philadelphia, Flowood, Ridgeland, Madison, Columbus, Kosciusko, Carthage, Macon, Hattiesburg, Laurel, Waynesboro, Southaven, and Olive Branch. Over the years, the Bank has made a significant investment in the latest technology to ensure that the franchise delivers an optimal customer experience to it client base. With assets in excess of $1.1 billion, the Bank is celebrating 126 years of continuous operation in 2014. For more information, contact Scott Sills, Chief Marketing Officer, at email@example.com, or at 601.693.5840. You may also visit the Bank’s website at www.YourCNB.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 firstname.lastname@example.org at 407.475.0005 x1013.