US-based community bank Honor Bank has gone live on nCino’s cloud-based commercial banking platform.
The Michigan-based bank says it was looking to modernise its technology stack and utilise a “more modern” and “customer-centric” solution, and since choosing nCino, has been able to streamline operations, enhance its customer experience and strengthen its “competitive edge” in the region.
It adds that partnering with nCino has enabled the bank to go live on an “accelerated timeline”, with nCino claiming Honor Bank was able to implement its solution in “just six months”.
Established in 1917, Honor Bank provides banking services to individuals and businesses in northwest Michigan, including checking, savings and investment accounts as well as credit cards, loans and mortgages.
Founded in 2011 and headquartered in North Carolina, nCino operates a Software-as-a-Service (SaaS) cloud banking platform, claiming to work with more than 1,850 financial institutions globally, helping them onboard clients, originate loans, manage the loan lifecycle and open accounts.
Its recent clients include Australia’s Bendigo and Adelaide Bank and US-based WaterStone Bank.