LoanPricingPRO Silver Edition will be retired in late 2021.  If you are still using the Silver Edition, you will need to upgrade to the newer user interface before October 2021. Read below for install instructions. The team at LoanPricingPRO is excited to launch the new Microsoft WPF Desktop Edition. WPF is a mature technology for

The economic impact of the Coronavirus Pandemic is now touching nearly every business and organization in essentially every country around the world. To be able to continue to support your local community, community-based financial institutions need to be able to respond to the evolving financing needs of each customer, including business borrowers.

Since the rapid onset of the novel Coronavirus striking US and global financial markets, benchmark interest rates have fallen sharply. Over the past month US Treasury rates for 5 and 10-year securities have quickly moved to historic lows. If your institution is using unadjusted US Treasury rates as proxies for market-based cost of funding for loan pricing purposes within LoanPricingPRO®, it is recommended that you override these rate curves in the short term with one of a number of other available rate indices.

LoanPricingPRO® software, the commercial loan pricing system from ProBank Austin, had its best year ever in 2019, experiencing client utilization growth of 21%, following solid growth of over 10% in 2018.

Between the end of 2016 and 2018, the Federal Reserve incrementally increased the target Fed Funds Rate eight times from 0.50% to 2.50%. During this period, community banks took advantage of this rising rate environment by increasing their Yield/Cost spread. Loan yields increased 45 basis points from 4.65% to 5.10%, while deposit costs only increased 30 basis points from 0.43% to 0.73%. Further, the increase in deposit costs lagged the increase in loan yields, providing further margin enhancement.