Vista Bank Reports Excellent Fair Lending Exam Results Since Implementing CreditCore®
Arlington, Texas – June 24, 2019 – 3530 Technologies, LLC (“3530”) announced today that Vista Bank reported excellent results from their recent Fair Lending exam since implementing CreditCore®.
Aly Hunter, CRCM, Vice President and Compliance Officer of Vista Bank said “Our examiners not only appreciated that we implemented a standardized application evaluation that greatly reduces our Fair Lending risk, but also liked the levels of approval that can be built into the software. They also appreciated that the reporting is comprehensive and provides the capability to pull any information in the system. This enabled us to get complete reporting on potential Fair Lending issues and provide that to our examiners. In short, CreditCore® pleased the compliance examiners and gave them confidence in our monitoring and mitigation of Fair Lending risk.”
“When Vista Bank came to 3530 last year, they were clear about their Fair Lending objectives. We are extremely pleased that we were able to deliver an efficient CreditCore® implementation, as well as a solution and configuration to meet and exceed their Fair Lending objectives.” said Adair Taulbee of 3530.
ABOUT 3530 TECHNOLOGIES
Founded on the principles and values of focusing on the client partner relationship as well as providing a best-in-class loan origination solution to lending institutions in the U.S., 3530 is the preeminent vendor partner of choice for institutions who are thirsty for positive change.
ABOUT VISTA BANK
Established in 1912, Vista Bank now operates 15 locations throughout West Texas, Austin, Dallas, and Fort Worth. Vista offers a variety of traditional loan and deposit products to its personal and business clients, always putting people first. Learn more at www.vistabank.com.