Peoples Bank chooses SimpleNexus to improve the customer

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LEHI, UT, Nov. 01, 2022 (GLOBE NEWSWIRE) — SimpleNexus (https://simplenexus.com/), an nCino (NASDAQ: NCNO) company and developer of the leading US homeownership platform for loan officers, borrowers, real estate agents and settlement agents, today announced that it is based in Clive, Iowa People’s Bank has completed the company-wide rollout of Nexus Commitment™ and Nexus Emergence™ to offer customers a modern home buying experience from the comfort of their phone.

Founded in 1917, Peoples Bank is a locally owned, independent community bank with more than $422 million in assets and nine locations in central and west-central Iowa. The bank implemented SimpleNexus’ mobile lead engagement toolset, Nexus Engagement, and its mortgage point-of-sale (POS) product, Nexus Origination, to improve the customer experience, originate mortgage loans more efficiently, and enhance referral strategies with real estate professionals.

“Our loan officers love SimpleNexus because it’s so intuitive. When a prospect submits a mortgage inquiry or application, the app prompts them to take and upload photos of the documentation required for prequalification,” said Tracy Van Sickle, vice president, mortgage loan supervisor at Peoples Bank. “By automating time-consuming processes like searching for documents and providing borrowers with modern alternatives to scanning and faxing, SimpleNexus eliminates many of the pain points in the lending process, much to the delight of our customers and loan officers.”

Leveraging SimpleNexus’ native integrations with the bank’s Mortgage Loan Origination System (LOS) and document provider, Peoples Bank was able to streamline its document workflow by requiring borrowers to electronically sign standard disclosures and specialty documents alike. Additionally, the rapid generation of prequalification letters via the SimpleNexus mobile app and sharing them with agents has helped loan officers strengthen recommendations.

“The forward-thinking leaders at Peoples Bank understand the importance of technology and the central role it plays in consumers’ lives,” said Ben Miller, CEO of SimpleNexus. “It’s an honor to support a bank that, like SimpleNexus, strives to innovate and is passionate about providing excellent service to homebuyers.”

About SimpleNexus
SimpleNexus, an nCino (NASDAQ: NCNO) company, is an award-winning developer of mobile-first technology for today’s mortgage lenders. US lenders rely on our namesake homeownership platform to unify the people, systems and stages of the mortgage process in a seamless end-to-end solution that encompasses engagement, origination, closing and business intelligence. By helping lenders manage their teams and stay connected with borrowers and real estate professionals, we deliver a measurable return on investment in the form of reduced processing times, more loan application submissions and more referral business. A four-time Inc. 5000 company, SimpleNexus has been recognized as one of the world’s top places to work for innovators. For more information visit https://www.simplenexus.com or follow @SimpleNexus.

About the People’s Bank
As a family-owned bank with a history in Iowa since 1917, Peoples Bank is committed to serving the personal and business banking needs of the communities of which we feel a part. We are headquartered in Clive, Iowa, and serve central Iowa with a total of nine offices located in the metropolitan and rural markets. Peoples Bank is an Equal Housing Lender and a member of the FDIC. Learn more about our company, our history, our public relations and environmental initiatives that define us today and tomorrow https://www.mypeoples.bank/about-us.

media contacts
Leslie Colley
DepthPR for SimpleNexus
+1 678.622.6229
[email protected]

David Bolin
SimpleNexus
+1 414.688.6077
[email protected]

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