Glenview State Bank deploys Metavantes CLOS technology

Consumer loan origination system (CLOS) streamlines consumer loan processing and enables lenders to access customer relationship data from its core banking system and supplementary data from external sources, such as credit bureaus. This licensed solution also supports a variety of loans including home equity, HELOC (home equity lines of credit), auto, recreational vehicle, secured and unsecured.

Metavante’s CLOS has been integrated with the Bankway software core banking platform enabling Glenview to access existing customer relationship data when creating a new loan application, and to upload the closed loan file to the core system for booking. The process helps Glenview to save time and money and improve customer satisfaction and quality in the loan origination and booking processes.

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