River Valley Community Bank Relies on Banker’s Dashboard to Drive Efficiencies in its Operations
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Performance Highlights with Banker’s Dashboard:
- Provides up-to-date legal lending limit calculation.
- Eliminated the need to hire a full-time employee to manage data.
- Supports de novo bank’s requirement to be more efficient with fewer resources.
- Saves significant time in board package and annual audit preparation.
- Simplifies the management and reporting of the credit quality profile.
- Automatically calculates allowance for loan and lease loss adequacy and performs loan concentration analyses.
In their words:
“We have been very fortunate. I attribute that to two aspects: one is having a quality team behind us and the other is knowing where we’re going with our financial information. Banker’s Dashboard has contributed to that capability.”
John Jelavich, CEO
“If we didn’t have this, we’d probably have to hire a full time employee to do nothing but calculations and figuring out where to find the data.”
Lynda Jamieson, CFO
