According to the official announcement, this transaction is part of a commercial partnership between the two organizations aimed at integrating Hawthorn River’s digital loan origination solution into CSI’s software platform. This integration strengthens the existing technical connections and leverages Hawthorn River’s single-platform loan origination system (LOS), tailored specifically for community banks.
The acquisition significantly enhances CSI’s comprehensive technology offerings, which include core processing, digital banking, payments, fraud and compliance management, as well as cybersecurity. This integration is expected to improve the loan origination capabilities of CSI’s customers across all types of loans for both commercial and consumer accounts. Additionally, it enables CSI to offer single-point solutions to non-CSI community banks through channel partnerships and API integrations with other technology providers.
About CSI
As a software provider, Computer Services (CSI) focuses on assisting community and regional banks, as well as organizations worldwide, in addressing their customers’ needs through open and agile technologies. Leveraging nearly six decades of personalized service, CSI aims to shape the future of banking by rapidly deploying advanced solutions that empower its clients to compete effectively.
About Hawthorn River
Hawthorn River is dedicated to creating community banking software designed specifically for community bankers. The company’s mission is to ensure that community banks can remain competitive and independent in a highly consolidating industry.
Hawthorn River’s solutions streamline the end-to-end lending process while automating key steps, helping community banks enhance productivity, minimize regulatory risk, and improve borrower experiences.
