Case Study: PlainsCapital Bank streamlines commercial loan origination with BankPoint

PlainsCapital Bank closes commercial loans faster with BankPoint, cutting manual core data entry to about a minute

PlainsCapital Bank, the eighth-largest bank headquartered in Texas, needed to replace its legacy manual processes for commercial loan origination to increase loan growth and competitive advantage. The bank partnered with vendor BankPoint to implement its Loan Origination System (LOS) to automate underwriting and document management, aiming to maximize efficiency and close loans faster.

BankPoint’s solution provided end-to-end automation, seamlessly pulling documents for review and eliminating the need for manual data entry into the core banking system. This reduced the time for these processes to about a minute. As a result, PlainsCapital Bank dramatically saved time, streamlined QA workflows, increased customer satisfaction, and made employees' jobs easier. BankPoint collaborated closely to tailor the system for a quick ramp-up.

PlainsCapital Bank