FNBA’s compliance team used to review 500+ applications per month. Now they review about 50. What could you do with that extra time?
How important is automation to scaling a nationwide strategy? It turns out, critical.
When First National Bank of America (FNBA), a $3.2B community bank, began scaling its digital operations, they were experiencing low conversion rates, wasteful marketing spending, and labor intensive processes.
Now FNBA can process 500+ applications per month with 90% application decisioning, which has led to:
240M+ in raised deposits
3200+ new accounts opened
<5 minutes time-to-open accounts
Discover how FNBA was able to accomplish these results with just two dedicated employees.