Six Community Banks Partner With MoneyLine Lending Services to Implement Customer-Centric Mortgage Lending Programs29 March 2006
and that's pretty neat." InsurBanc, jointly owned by the Independent Agents and Brokers of America(IIABA) and the W. R. Berkley Corporation, is a full-service financialservices provider for independent insurance agents throughout the country.InsurBanc is leveraging MoneyLine's services to give personalized,convenient service to its geographically dispersed customer base, and looksforward to serving a broader customer base in the future by offeringresidential mortgage loans through its agency clients nationwide. "We selected MoneyLine because of their reputation for outstanding customerservice and because they understand our unique business model," said BobPettinicchi, Executive Vice President, InsurBanc. "Our new mortgage processgives us the ability and resources to really relate to our customers with ahighly personalized and customized mortgage process whether they be downthe street or across the country." Pacific Coast National Bank, which opened in 2005, views MoneyLine'sservices as an ideal opportunity to break into the residential mortgagemarket. "Our partnership with MoneyLine is extremely valuable because as asmall community bank we can now act as a full-service lender without hiringadditional staff or incurring any infrastructure costs," said Michael S.Hahn, President and Chief Operating Officer, Pacific Coast National Bank,"and MoneyLine shares and supports our key goal to provide superior serviceto our customers." "Previously we lacked the time and the specialists needed to offer aquality mortgage program. Now, we leverage experts in residential mortgagelending and customer service. As a result, we are able to meet thosecustomer needs while maintaining focus on our core business of commercialand commercial real estate loans," said Jim E. Bishop II, President andChief Credit Officer, Summit Bank. "Customers today are looking for sophisticated, holistic solutions," saidCharles Hoag, Community Executive, Signature Bank of Georgia. "Bypartnering with MoneyLine we further our strategy to be a total solutionsprovider with a mortgage offering that affords many convenient choices,sophisticated communication tools, and a seamless interaction for thecustomer." "We partnered with MoneyLine because of their ability to deliverconsistent, day-to-day communication and customer service, which is key toa successful mortgage program and partnership," said Vernon Pfaff,Chairman, First National Bank of Fairbury. "We also look forward to theopportunity our new mortgage program will give us to retain our valuedconstruction loan customers by offering them competitive residentialmortgage loans." About MoneyLine Lending Services MoneyLine Lending Services is a specialized provider of end-to-end mortgageorigination and fulfillment services. The Irvine, California-based companyprovides financial institutions and other mortgage lenders withprivate-label business process outsourcing (BPO) solutions designed tostrengthen customer relationships. MoneyLine's services allow each clientto operate a competitive, efficient and profitable mortgage program withoutthe additional infrastructure costs typically associated with mortgagelending. Proprietary, state-of-the-art technology facilitates multipleorigination channels and real-time tracking tools that simplify and enhancethe mortgage process for client personnel and their customers. For moreinformation, visit www.moneylinelending.com or call 800-837-8570. Contact:Evan GentryPresident and CEOMoneyLine Lending Services800-837-8570Email Contact SOURCE: MoneyLine Lending Services
Source: marketwire
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