Home Federal Integrating New Technology Platform

Financial institutions are continuing to invest in technology despite the unpredictable mortgage marketplace this year, and ""Home Federal Bank"":https://www.homefederalbanktn.com/ is adhering to the trend with the recent announcement that it will go live on the ""Common Origination"":www.commonorigination.fiserv.com/ module from ""Fiserv, Inc"":www.fiserv.com/. Seeking to utilize the program to enhance its origination processes for consumer loans, Home Federal will gain the use of Fiserv's single-platform solution.

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Increasing borrower observation throughout diverse channels and products, Fiserv's Common Origination option gives Home Federal the ability to maintain all consumer data in one place. Common Origination is integrated with Fiserv's ""Premier"":www.premier.fiserv.com/products/premierbankplatform.htm platform, and since Home Federal is also a Premier client, the bank will enjoy fully streamlined lending facilitation.

Home Federal's expanded range of capabilities through Common Origination and Premier will include elevated data integrity, shortened timelines for credit evaluations and decisions, better customer experience, and simplified overall processing. Additionally, the financial institution will be able to accurately and efficiently track product trends while pursing more profitable cross-sell initiatives.

Natalie Sundvold, Home Federal's senior vice president, said of the company's newly added platform, ""We were familiar with the strength of the lending solutions offered by Fiserv through our experience with the UniFi Pro mortgage origination platform. Seeing how Common Origination platform could be a

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single source for the diverse type of lending we do prompted us to discuss our vision with Fiserv. Managing multiple systems was not the direction we wanted to take. We had three separate processes and saw the value of using one system for all loan production.""

Continuing her commentary, Sundvold went on to discuss the benefits to employees that Home Federal has gained, saying, ""The learning curve is shorter, and staff members can develop skills that allow them to move into other lending positions.""

Home Federal has been a Fiserv user for nearly two decades, and Kevin Collins, Fiserv's president of lending solutions, said of the company's advantages to clients across the industry, ""We pride ourselves on delivering the solutions our customers need to be successful and Common Origination platform is the perfect example. Consolidating the origination of all loan types onto one platform streamlines the process and provides a 360-degree view of the customer so lenders can maximize each relationship. Common Origination Platform is the realization of market and client demands for a single solution that helps prepare them for future lending requirements.""

In an internal statement, Fiserv noted that Home Federal also plans to take its commercial and home equity practices live online in the near future. Sundvold said of the bank's long-term plans via Fiserv's platforms, ""This is not a three- or five-year solution. We have invested in Common Origination Platform because it truly supports our long-term strategy of being 'super bankers' in each of our locations. That ability is tied to how we approach our customers. Because of the imbedded business rules on the front-end, we could set up our operation so processes flow seamlessly to both the lending side and the deposit side.""

Common Origination acts as an enterprise lending solution, designed to enhance originations for consumer, business, and real estate-backed loans. Clients of Fiserv's program are able to establish their own business standards, operating procedures, conditions, and limits to create a customized, automated version of almost any lending transaction.