Midwest Banks Partner with Baker Hill for Rapid Lending Solutions

Six Weeks to Better Lending

In the rapidly changing financial landscape, Baker Hill, recognized for its innovative loan origination and risk management solutions, is making significant strides across the Midwest. Established in 1984 and headquartered in Carmel, Indiana, Baker Hill offers a cloud-based platform that helps community banks and credit unions enhance their lending processes and maintain a personal touch with their customers.

Over recent months, Baker Hill has partnered with several local financial institutions, aiming to bolster their services by integrating advanced technology while keeping the focus on community needs. Notable clients include Hoosier Hills Credit Union, MidWest America Federal Credit Union, Peoples Trust and Savings Bank, and Generations Community Bank & Trust, among others. These partnerships reflect a broader trend where local lenders are harnessing modern technology to ensure they remain competitive and responsive in a dynamic environment.

Andy Ivankovich, CEO of Baker Hill, emphasizes the importance of this local engagement. He stated, "Growth in our own backyard means more to us than just new business—it means we're helping local institutions support small businesses, families, and farmers with the kind of speed and service they deserve." This sentiment underscores Baker Hill's commitment to empowering community banks to adapt to the demands of today's borrowers, who increasingly seek quick and efficient service.

A prime example of the successful integration of Baker Hill's solutions can be seen with Hoosier Hills Credit Union in Bedford, Indiana. Their experience exemplifies the platform's potential; they reported a smooth implementation process that took just six weeks from signing the contract to live lending. Ashley Wilkerson, Senior Vice President of Lending Operations at Hoosier Hills, lauded Baker Hill for its efficient onboarding and implementation. “It’s not often a tech project gets off the ground this fast. The Baker Hill solution allowed us to focus on our initial steps with the help of an amazing team from training to data analytics,” she noted. This rapid transition not only showcases the platform's effectiveness but also exemplifies how local institutions can modernize without losing their foundational value of personal relationships.

Moreover, Baker Hill's technology is designed to enhance the efficiency of the lending process. It allows lending institutions to make decisions faster and respond to customer inquiries more effectively. By integrating Baker Hill's solutions, banks can offer enhanced services without compromising the personal connections that define their community relationships.

In a time when larger institutions dominate, it's vital for hometown banks and credit unions to leverage technology while staying grounded in their community roots. They have been serving their neighborhoods for generations, and Baker Hill aims to support this tradition as they progress into a digital future. "We’re proud to walk alongside them as they write the next chapter—not just as a vendor, but as neighbors and partners," Ivankovich added.

The shift towards technological adoption in the financial sector is not merely a trend; it's a necessary evolution that enables institutions to remain relevant. With Baker Hill's robust solutions, the path to modernization is clear, ensuring that local lenders can continue to meet the evolving demands of their customers while staying true to their community values. As this partnership model continues to grow, it becomes evident that the future of lending in the Midwest is not just about speed and efficiency—it's about nurturing relationships and fostering community growth through innovative solutions.

For more detailed insights into Baker Hill’s offerings and how they are transforming the lending landscape, visit Baker Hill's website.