Luana Savings Bank has chosen nCino Inc. (NASDAQ: NCNO) as its technology partner to modernize its commercial and agricultural lending operations, according to a company announcement.

The Iowa community bank, which has served Central and Northeast Iowa since 1908, will implement nCino's platform to replace systems that currently require staff to re-enter loan data up to four times per loan. The bank operates multiple branch locations and offers personal, business, commercial and agricultural banking services.

"The choice to partner with nCino was made easy by the value of their products, knowledge of the financial industry, innovative technology and competitive pricing options," said Jeanessa Meyer, Loan Operations Supervisor at Luana Savings Bank.

The implementation will consolidate commercial and agricultural lending operations onto a single platform, incorporating automated spreading capabilities and workflow streamlining features. The system aims to reduce manual processes and increase transparency across the loan lifecycle.

"We chose nCino because it was the only platform that truly enables end-to-end transformation and not isolated improvements," said Shane Greenleaf, Chief Executive Officer at Luana Savings Bank. "Instead of simply digitizing existing workflows, we are re-engineering how we originate, underwrite and manage loans."

nCino provides banking technology solutions to over 2,700 customers worldwide, including community banks, credit unions, and mortgage banks. The company's platform integrates artificial intelligence and data analytics for financial institutions.

Luana Savings Bank reports over $2.2 billion in assets, operates six locations across Northeast and Central Iowa, and employs approximately 100 people.