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Stock impact report

Union Bank Selects Baker Hill NextGen® Consumer Loan Origination and TruStage™ Compliance Doc Prep [Yahoo! Finance]

Union Bankshares, Inc. (UNB) 
US:NASDAQ Investor Relations: investors.bankatunion.com
Company Research Source: Yahoo! Finance
CARMEL, Ind. Jan. 29, 2024 /PRNewswire/ -- Baker Hill , the leading financial technology provider in delivering solutions for loan origination, risk management, and analytics, today announces an expanded partnership with Union Bank of Vermont and New Hampshire . After upgrading to Baker Hill NextGen® for commercial lending last year, Union Bank will now leverage Baker Hill NextGen® for consumer lending, along with TruStage™ Compliance Solutions for document preparation. Since 1891, Union Bank has proudly served customers and businesses across Northern Vermont and Northern New Hampshire . The bank has built a strong reputation for investing in its communities for more than a century. With Baker Hill NextGen® Consumer Loan Origination, Union Bank can process consumer loan applications more efficiently while controlling credit risk. The solution will allow the bank to automate its entire consumer lending application process, from submission to decisioning to booking and reporting, hel Show less Read more
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