Case Study: Prosperity Bank achieves faster, more consistent and profitable loan decisions with FICO

Prosperity Bank fuels growth with FICO loan origination solution

Prosperity Bank, a fast-growing $1.1 billion community bank headquartered in St. Augustine, FL with 18 offices, needed to improve the speed, consistency and profitability of loan decisions while automating origination across expanding portfolios. Bank leadership wanted score-based lending to ensure consistent underwriting, faster customer response and stronger compliance across all branches.

They deployed Fiserv’s easyLENDER Consumer/Commercial iDM to automate application processing and FICO LiquidCredit Decision Engine with FICO Application Risk Models for score-based decisions, going live within two months. The integrated solution delivers decisions in hours or minutes, standardizes underwriting across branches, safely increased approvals while reducing losses and manual review, and freed underwriters to focus on new business.

Prosperity Bank

Wayne Colee

Senior Vice President, Consumer Lending