Like many banks, Hendricks County Bank and Trust (HCBT) is facing growing competition in its central Indiana region. Colin Hinkle, the bank’s sole credit analyst, and HCBT President Jerry Orem knew they needed a change to set their bank apart.
Hinkle was seeking more efficient processes for his lending team when he first investigated Abrigo Community Lending, a new lending solution designed for community banks and credit unions. In particular, he wanted a way to work commercial loans faster since they are HCBT’s bread and butter. Hinkle knew relationship management and fast service would help his bank stand out. An LOS system seemed like the best investment he could make to ease the burden of manual labor for his staff and provide the speed customers want.