How the Newly Redesigned BankStride Helps Community Banks Modernize Loan Compliance and Portfolio Management

Community banks play a vital role in local economies by providing credit to small and medium-sized businesses. But once loans are booked, managing ongoing requirements such as covenant monitoring, document collection, and exception tracking can be time-consuming and difficult to handle with manual tools. Many banks still rely on spreadsheets, email threads, and calendar reminders, which increase operational risk and limit visibility across the loan portfolio.

The newly redesigned BankStride platform transforms this experience with a modern, intuitive interface and streamlined workflows. It brings powerful automation and clarity to core loan administration tasks, helping community banks reduce risk, improve compliance accuracy, and free up staff to focus on higher-value work.

Enhanced Covenant Monitoring for Real-Time Compliance Insight

Financial covenants protect a bank’s credit exposure, but tracking them manually across a growing portfolio can be challenging. The redesigned BankStride makes covenant monitoring simpler and more proactive.

With updated dashboards and visual indicators, lenders can quickly see the compliance status of each loan, track trends over time, and receive alerts before a covenant breach occurs. Financials can be uploaded and analyzed directly in the system, so compliance is always current instead of organized in separate spreadsheets.

By centralizing covenant status and history, community banks gain better insight into portfolio risk and can act earlier to address potential issues. The enhanced design also supports more efficient audits and regulatory reviews by preserving a clear, documented history of monitoring activity.

Streamlined Document Collection That Works for Borrowers and Staff

Collecting recurring documents such as quarterly financial statements, insurance certificates, and tax returns is a recurring challenge for loan administrators. The redesigned BankStride automates this process with scheduled requests and a simple submission experience.

Banks can set up recurring or one-time requests, and borrowers receive secure links to upload documents without having to create accounts or navigate complex portals. Documents are automatically organized and associated with the correct loan, reducing misplaced files and confusion.

This automation improves turnaround times, reduces manual coordination, and delivers a better experience for both borrowers and bank staff.

Centralized Exception Tracking for Stronger Risk Oversight

No loan portfolio is perfect, and exceptions — late submissions, missing documents, or covenant issues — are part of everyday lending. But the challenge for community banks is tracking these exceptions consistently and ensuring nothing is overlooked.

The new BankStride builds a centralized exception tracking system where teams can view open issues, document actions taken, assign responsibility, and monitor resolution progress. This structured approach improves accountability and gives bank leadership a clear view of portfolio health.

With exception details, timestamps, and responsible parties logged automatically, teams can maintain organized processes and demonstrate solid internal controls during audits or exams.

A Redesigned Experience Built for Community Banks

The redesigned BankStride delivers a modern, user-friendly experience tailored to the needs of community banks. By automating covenant monitoring, simplifying document collection, and formalizing exception tracking in a centralized system, BankStride replaces manual, fragmented processes with intuitive workflows.

This new product design helps community banks reduce operational risk, improve compliance visibility, and focus more time on serving their customers and local communities. It gives lenders the clarity and control they need without requiring heavy IT resources, letting teams work smarter and more efficiently.