Crest provides automated management capabilities that empower banks to align CRE loan portfolios with regulatory guidance and make intelligent decisions based on the real impact of potential changes in the economy.
According to Banker’s Toolbox, with Crest in place, bank executives are benefitting from a flexible loan stress testing and management system that complements existing processes and can be maintained on an ongoing basis.
First National Bank of Wyoming chief credit officer Rick Melone said he has been really impressed with the program, virtually from day one. In fact, even in the preliminary demo stage, he was sold right away.
"I knew it would accomplish the results we needed as a small community bank," Melone said.
Banker’s Toolbox CEO Daniel Cho Crest was created to grant stability to America’s community financial institutions through sounder lending practices. By building tools that give community banks the defenses needed to withstand economic turbulence, Banker’s Toolbox feels it is protecting their communities from the shortage of credit caused by the current banking crisis.
