WaterStone Bank Upgrading to the nCino Cloud Banking Platform Across All In-house Lending
August 03 2023 - 9:00AM
nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the
global financial services industry, today announced that WaterStone
Bank will be upgrading its technology stack and migrating its
commercial, consumer, and residential lending activities to the
nCino Cloud Banking Platform.
WaterStone Bank, established in 1921 and headquartered in
Wauwatosa, Wisconsin, offers a full suite of personal and business
banking products and services. The Bank maintains a customer first
approach by providing highly personalized services through enhanced
digital channels and new product offerings. To enrich the lending
experience for its clients even further, WaterStone recognized the
benefits a single platform could deliver to help eliminate
inefficient operations, improve compliance management, and
integrate rich data and insights into key workflows.
“WaterStone selected the nCino Cloud Banking Platform as a
strategic move to help us consolidate and streamline our lending
processes across all lines of business,” said Ryan Gordon, EVP and
Chief Credit Officer at WaterStone Bank. “By utilizing a single
platform that delivers a true end-to-end lending experience, we
will be empowered to deliver more seamless experiences to our
customers while gaining efficiencies and added transparency across
our operations and portfolio. I’m excited about this partnership
and the path forward.”
“WaterStone’s decision to upgrade to nCino's platform aligns
perfectly with their commitment to digital excellence in today's
rapidly-changing banking landscape,” said Will Cameron, SVP,
Community and Regional Banking at nCino. “We’re extremely proud to
be partnered with Waterstone to deliver the nCino platform and look
forward to the long-term benefits the system will provide to the
Bank and its customers.”
About nCinonCino (NASDAQ: NCNO) is the
worldwide leader in cloud banking. Through its single
software-as-a-service (SaaS) platform, nCino helps financial
institutions serving corporate and commercial, small business,
consumer, and mortgage customers modernize and more
effectively onboard clients, make loans, manage the loan lifecycle,
and open accounts. Transforming how financial institutions operate
through innovation, reputation and speed, nCino is partnered with
more than 1,850 financial services providers globally. For more
information,
visit www.ncino.com.
About WaterStone Bank Founded in 1921,
WaterStone Bank today offers a full suite of personal and business
banking products. The community bank serves southeastern Wisconsin
with branches in Brookfield, Fox Point, Franklin, Germantown,
Greenfield, Milwaukee, Oak Creek, Oconomowoc, Pewaukee, Waukesha,
Wauwatosa and West Allis. WaterStone Bank is the parent company to
Waterstone Mortgage, a lender in 48 states. For more information
about WaterStone Bank, go to wsbonline.com.
Media ContactsMadeleine
Bendalinmbendalin@mww.com
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