July 01, 2008Press Release
CAPE GIRARDEAU, MO-BASED CAPAHA BANK PURCHASES WEB EQUITY MANAGER®
GLENWOOD, IA -- ECI announced today the purchase of their Web Equity Manager® 100% On-Demand/SaaS enterprise lending solution by Cape Girardeau, MO-based Capaha Bank.
"Web Equity Manager® provides us the complete credit analysis system we were looking for," explained Capaha SVP, Kevin Essner. "Features in the system will allow us to better manage our portfolio after loans are booked."
Web Equity Manager® is the only 100% On-Demand/SaaS enterprise lending solution in the marketplace today. It provides a single system of record for processing credit in all lending disciplines. Web Equity Manager® delivers exceptional workflow capabilities allowing for exception tracking, tickler functions and enhanced communications. Additional features include portfolio risk management, data mining, centralized electronic document storage and contact management.
About Capaha Bank
Capaha Bank is a $156 million asset, locally-owned community bank with locations in Missouri and Illinois.
About ECI
ECI is a market leading provider of enterprise level lending solutions supporting over 20,000 lending professionals throughout North America, Canada and Australia. ECI supports financial institutions with assets ranging from $10 Million to over $500 Billion. ECI software is used daily by over 3,300 United States Department of Agriculture Farm Service Agency personnel in 800 service centers across the country. Our footprint extends into the largest Credit Unions in Canada to $50 billion asset lenders like Australia-based Suncorp. These lending institutions use ECI software to service hundreds of thousands of credit requests annually.
Interested lending organizations can schedule a demonstration of Web Equity Manager® by calling ECI at 1-800-264-0787 ext. 0. Click here to view a brief description of the product features and benefits.
