Cornerstone Advisors annual report | FI top priority
4/16/2018 5:01:09 AM
Annual report emphasizes financial industry’s efforts to improve and streamline lending processes for both commercial and consumer loans
Cornerstone Advisors’ annual report, “What’s Going On In Banking,” reveals that the top growth priority for financial institutions in 2018 is expanding loan portfolios, with community banks focused on generating commercial loans and credit unions more focused on generating consumer loans. The survey, which is available for download, courtesy of Baker Hill, reports that one-in-five financial institutions will add a new or replacement loan origination system this year, highlighting the industry’s focus on improving lending processes.