Good Morning,
Do you have Enterprise Workflow? We have it somewhat automated using that.
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Kate Walters |
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From: xxxxxx@marug.simplelists.com <xxxxxx@marug.simplelists.com>
On Behalf Of Sue Dembeck
Sent: Wednesday, November 6, 2024 10:39 AM
To: xxxxxx@marug.simplelists.com
Subject: SilverLake MA-RUG RE: Loans Tied To SOFR - Automation
Hello,
All Master Rates are updated manually for us:
Daily:
- SOFR 180-Day Average
Weekly
- SOFR 30-Day Average
- 1 Year Treasury
- 3 Year Treasury
- 5 Year Treasury
- 10 Year Treasury
Would love for this to be an automated process.
Susan Shanklin Dembeck
AVP, Loan Servicing Manager
Rosedale Federal Savings & Loan Association
9616 Belair Road
Baltimore, MD 21236
(Phone) 410.668.4400 ext.333
From:
xxxxxx@marug.simplelists.com <xxxxxx@marug.simplelists.com>
On Behalf Of Lacey Churmblo
Sent: Wednesday, November 6, 2024 10:20 AM
To: xxxxxx@marug.simplelists.com
Subject: SilverLake MA-RUG Loans Tied To SOFR - Automation
Good Morning,
We are looking at tying loans to SOFR or SOFR 30 day average. For those of you that use this index, is there any way to automate this process or do you have someone manually update
the system daily?
Thanks and have a great day,
Lacey
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Lacey Churmblo
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AVP, Loan Operations Supervisor |
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The Honesdale National Bank |
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