TERRACE MOUNTLAKE, Wash., May 12, 2021 / PRNewswire / – 1st Security Bank (“the Bank”) announces that it has adopted a new Hybrid / eNote program to increase the efficiency of its mortgage closing process while reducing its environmental impact. The platform allows mortgage clients to easily sign most of their closing documents from any location with web access, resulting in a faster and more secure overall process. The Bank estimates annual savings of over 140,000 pages of paper.
“The Hybrid / eNote process is a significant improvement over traditional paper closing documents and notes,” says Donn Costa, EVP Home Lending at 1st Security Bank. “We anticipate an almost 100% paperless closeout process for the near future, which will benefit our customers and the planet.”
1st security bank of Washington, a member of the FDIC and Equal Housing Lender, provides loan and deposit services to clients at its twenty-one branches, and mortgage services at every branch as well as loan offices in the greater Puget Sound area and the Tri-Cities. FS Bancorp, Inc., a Washington company, is the holding company of the Bank.
Vice-President, Real Estate Loan Marketing
SOURCE 1st security bank