ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

The Bank of Bennington Expands Partnership with nCino to Include Consumer Lending

WILMINGTON, N.C., Jan. 25, 2024 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), a pioneer in cloud banking for the global financial services industry, today announced that The Bank of Bennington (Bennington) has adopted nCino’s Consumer Banking Solution, expanding its established relationship with nCino and driving an omnichannel experience across the Bank’s personal banking and mortgage lending business.

After seeing efficiency gains in its mortgage operations as a result of its use of nCino’s Mortgage Suite, Bennington saw the value in utilizing a single platform across business lines and made the strategic decision to implement the nCino Consumer Banking Solution.

By combining nCino’s cloud-based solutions with Bennington’s commitment to its customers, the partnership serves to enhance the banking experience by offering a seamless and consistent journey, whether a customer is applying for a mortgage or a consumer loan, solidifying its stance as a technology-driven community bank.

“Our partnership with nCino has already yielded significant improvements in our mortgage operations,” said Shannon McLenithan, Senior Vice President of Retail Lending at The Bank of Bennington. “Expanding the relationship to include consumer lending was the best next step for us. We’re committed to providing the best possible experience for our customers, and with nCino’s platform, which spans multiple business lines, we can do just that.”

“Our partnership with The Bank of Bennington exemplifies our commitment to delivering transformative solutions to financial institutions of all sizes,” commented Will Cameron, Senior Vice President of Community and Regional Banking at nCino. “We’re proud to support the Bank as they continue to innovate and enhance their customer experience and look forward to our continued partnership.”

About nCino 
nCino (NASDAQ: NCNO) is the worldwide leader in cloud banking. Through its single software-as-a-service (SaaS) platform, nCino helps financial institutions serving corporate and commercial, small business, consumer, and mortgage customers modernize and more effectively onboard clients, make loans, manage the loan lifecycle, and open accounts. Transforming how financial institutions operate through innovation, reputation and speed, nCino is partnered with more than 1,800 financial services providers globally. For more information, visit www.ncino.com.    

About Bank of Bennington

The Bank of Bennington, founded in 1917, is a full-service mutual community bank headquartered in Bennington, VT with branches in Manchester, Bennington, Arlington and Rutland, VT.  Known for its customer service, financial strength, and community involvement, the bank offers financial planning services and an array of deposit and loan products including checking, savings, certificates of deposit, retirement plans, and loan accounts for personal and commercial customers.  Bauer Financial, an independent bank-rating service, has awarded The Bank of Bennington their 5-star ‘superior’ rating for over thirty consecutive years.

Media Contacts 
Natalia Moose
press@ncino.com 
  
Safe Harbor Statement 
This press release contains forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally include actions, events, results, strategies and expectations and are often identifiable by use of the words “believes,” “expects,” “intends,” “anticipates,” “plans,” “seeks,” “estimates,” “projects,” “may,” “will,” “could,” “might,” or “continues” or similar expressions. Any forward-looking statements contained in this press release are based upon nCino’s historical performance and its current plans, estimates, and expectations, and are not a representation that such plans, estimates, or expectations will be achieved. These forward-looking statements represent nCino’s expectations as of the date of this press release. Subsequent events may cause these expectations to change and, except as may be required by law, nCino does not undertake any obligation to update or revise these forward-looking statements. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause actual results to differ materially including, among others, risks and uncertainties relating to the market adoption of our solution and privacy and data security matters. Additional risks and uncertainties that could affect nCino’s business and financial results are included in reports filed by nCino with the U.S. Securities and Exchange Commission (available on our web site at www.ncino.com or the SEC's web site at www.sec.gov). Further information on potential risks that could affect actual results will be included in other filings nCino makes with the SEC from time to time.


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.