Case Study: CenterState Bank achieves 11% commercial lending growth and 15% productivity gains with Finastra

CenterState Bank Grows Commercial Lending by Approximately 11% Year-on-Year with Finastra

CenterState Bank, a Florida-based community bank with about $12.2 billion in assets, wanted to scale its commercial lending business but was held back by manual, error-prone credit application processes. To modernize and automate lending workflows, CenterState Bank selected Finastra and deployed its Total Lending Commercial suite, including Fusion CreditQuest Credit Manager, Fusion CreditQuest Financial Analyzer and Fusion LaserPro Commercial Lending.

Working with Finastra, CenterState Bank implemented an end-to-end, digitized lending platform that automated application capture, credit analysis, approvals and electronic document signing. The Finastra solution boosted staff productivity by roughly 15%, cut small-loan processing from about 10 hours to 1 hour, made $100,000-range loans profitable, and helped grow commercial lending by approximately 11% year-on-year, while improving accuracy, reducing fraud risk and enabling larger acquisition cost savings than industry norms.

CenterState Bank

Chris Nichols

Chief Strategy Officer