The Bank of New Glarus Enhances Commercial Lending Experience with PrecisionLender

CHARLOTTE, N.C., Oct. 23, 2019 /PRNewswire-PRWeb/ -- PrecisionLender®, the world's leading commercial banking sales and coaching platform, today announced that The Bank of New Glarus® is live with the PrecisionLender platform.

The Bank of New Glarus achieved this milestone just 6 weeks after signing on with PrecisionLender.

"What shocked us the most was how quickly PrecisionLender was implemented," said Ben Johnson, Senior Credit Analyst at The Bank of New Glarus. "The PrecisionLender team had the platform up and running in a matter of 6 weeks. We've already begun to see the promised value of the solution."

The Bank of New Glarus decided to partner with PrecisionLender to help better serve their commercial customers. They wanted to use PrecisionLender's intuitive platform to empower and coach their relationship managers, and to win better deals and build lasting client relationships.

"Before PrecisionLender, we had a pricing model, but it just wasn't cutting it. We knew we needed something that was intuitive and could take our commercial banking practice to a whole new level," said Elise Constantini, SVP/Chief Credit Officer at The Bank of New Glarus.

The Bank of New Glarus serves the communities of Green County, Wis. As part of their ongoing transformation efforts, they recently went through a core conversion prior to implementing PrecisionLender.

Since the PrecisionLender implementation, The Bank of New Glarus has been able to structure deals in a way that has led to stronger relationships and better outcomes. They're looking forward to the continued success they've already seen from the platform.

"The commercial banking market is a competitive place and constantly changing. It's crucial for today's banks to empower their relationship managers with a platform that provides insights into how they can better shape deals and build relationships," said Greg Demas, SVP of Client Development and Success at PrecisionLender. "We couldn't be more thrilled to have The Bank of New Glarus join the PrecisionLender team. Their tenacity and desire to innovate and bring more value to their customers is exactly what will bring them the success they desire with PrecisionLender."

ABOUT PRECISIONLENDER

PrecisionLender is modernizing commercial banking. Its sales and coaching platform empowers bankers with actionable, in-the-moment insights, so they win better deals and build strong, more profitable relationships. Andi®, PrecisionLender's digital enterprise coach, augments banker strengths and intelligence with the latest technology and data, delivering the best recommendations at exactly the right time. 13,000+ bankers at approximately 150 banks?ranging from under $1B to over $1T in assets?use PrecisionLender's solution. Set your bank apart with PrecisionLender's applied banking insights. Visit https://precisionlender.com to learn more.

ABOUT THE BANK OF NEW GLARUS

The Bank of New Glarus® and Sugar River Bank Branches is headquartered in New Glarus, Wisconsin and has branch offices located in New Glarus, Belleville, Monroe, Juda and Brodhead. As the largest deposit bank in Green County, it offers a full range of financial products and services to its customers including personal banking, business banking and wealth management. Member FDIC and Equal Housing Lender.

SOURCE PrecisionLender