$750 Million-Asset Bank Selects Teslar to Increase Efficiencies, Improve Transparency

First National Bank of Oklahoma partners with fintech to enhance lending

SPRINGDALE, Ark.--(BUSINESS WIRE)--First National Bank of Oklahoma and Teslar Software today announced their partnership to streamline the bank’s lending processes. With Teslar, First National Bank of Oklahoma will be able to track exceptions and manage documentation with greater speed and ease.

“Teslar Software was the natural fit to partner with based on the positive experience we had when leveraging their PPP solution; we experienced firsthand that they’re a nimble, dependable organization that truly understands and cares about community banks,” said Mel Martin, president and CEO of First National Bank of Oklahoma. “Teslar’s technology will not only significantly help us improve operations from an efficiency standpoint but will also help us better manage risk in our portfolio.”

First National Bank of Oklahoma has experienced steady organic growth over the past 15 years. With Teslar, they’ll leverage automated workflows, reporting and exceptions management tools and easily access data directly from the core to improve the commercial, consumer and agricultural lending process as they continue to scale.

“We’re excited to partner with First National Bank of Oklahoma as they leave the era of pen, paper and Excel spreadsheets behind,” said Joe Ehrhardt, CEO and founder of Teslar Software. “Modernizing technology will allow the bank to provide a better borrower experience and create new efficiencies throughout the lending process. We’re glad Teslar is part of the journey and look forward to supporting their team.”

About Teslar Software

Teslar Software, founded in 2008, is a configurable lending process automation platform for community financial institutions. Teslar transforms commercial lending by providing easy access to centralized, relevant information to balance portfolios, optimize profits and help community bankers effectively serve their customers. Named Best Solution for Lending by the 2021 FinXTech Awards, Teslar Software continues to earn their reputation as a top technology provider for community institutions. Please visit www.teslarsoftware.com to learn more.

About First National Bank of Oklahoma

Chartered in 1917, First National Bank of Oklahoma recently celebrated their 105th anniversary. Taking care of customers with honesty and integrity is the basis for all the bank does. To learn more, please visit https://fnbok.bank/.