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Moving to an Effective & Collaborative Virtual Loan Approval Process

How Community Banks Can Navigate the Challenges and Implications Caused by the Pandemic

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Community bank leaders, boards, and their committees are grappling with the unforeseen challenges and implications brought on by the coronavirus pandemic. Amidst this crisis, while working remotely is a new status quo, community banks are navigating a phenomenal increase in consumer and commercial lending requests. From forbearance requests to SBA & PPP loan applications, from loan restructuring to wire transfer requests – your remote lending department members and loan committees are dealing with extremely large volumes.

We were joined by Jason J. Hyska, Senior Vice President – Retail Lending at Sturgis Bank & Trust as he shared the best practices, tips, and insights on how lending departments can navigate this crisis while working remotely using their virtual board meeting management software.

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