Digital Banking

Citizens State Bank partners with Lendsmart for digital lending

January 19, 2022

Citizens State Bank, a Wisconsin-based community bank, has partnered with Lendsmart, a digital lending platform, to improve its digital lending experience. With Lendsmart's AI technology, Citizens State Bank will be able to process more loans and automate key tasks to boost accuracy and reduce risk, according to a press release.

Lendsmart's platform digitizes up to 70% of lending and home buying, which allows customers to get a loan within weeks.

"We know that the banking industry has changed a lot over the years, and we're committed to providing the best service and technology to our valued customers," Shawn Tyler, SVP and chief credit officer of Citizens State Bank, said in the release. "Lendsmart will allow us to offer a more efficient process with one end-to-end platform that brings together what was previously a disjointed process."