As many financial institutions are looking for methods to enhance lending compliance and credit risk management, Bank of Idaho has deployed Cypress Software Systems’ BizMark software to develop an automated application and underwriting system for its small business loans. Beyond the efficiencies achieved with the loan software, Bank of Idaho also gained additional control over its credit risk management and compliance efforts. Bank of Idaho has seven branches across Idaho, holding more than $200 million in assets with more than 100 employees. (Warren Roberts, vice president and assistant loan administrator at Bank of Idaho.)
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