BankProspector V2 - Power Search

Power Search is the tool in BankProspector where members can search by location based on specific criteria to find banks or credit unions that fit their needs.  In V2, we replaced Advanced Search and Power Search, with our newly updated Power Search Tool.  Power Search now included Banks and Credit Unions.  With Power Search, you can use the map to look at a region and see every lender with any kind of lending presence in the area. So the Power Search is a much more comprehensive and powerful search.

We'll go through the steps of the search below in this example.  Let's say we are looking for Banks In Atlanta, GA with SOME Nonaccrual loans for sale and SOME Commercial REO on the books.

First, we're going to zoom in to our desired location using the plus and minus buttons.

Next, we're going to enter our criteria.  For this example, looking for SOME, we'll use a low number like $1000 to get started with our initial search.  We'll enter that into the fields Note Sales Indicators > Loans for Sale Nonaccrual and Commercial Real Estate > Commercial REO for their minimum values, we'll leave maximum values blank for now. Keep in mind when selecting your criteria, that ALL statements must be true to show up in the results table.  Meaning if we are asking for SOME Loans for Sale Nonaccrual AND SOME Commercial REO -- banks in our search results will only display if they fit both pieces of the request.

Once all the criteria are entered, it's time to run the search and check our results.

Once the table is loaded with results, we can update the Column Visibility to show more or fewer details on the results table.  Simply check off the columns to repopulate the table.

Banks can be added to the target watch list right from the Power Search results table.  Simply click the Blue Plus Icon.  That will add the bank to the target watch list.  To remove the bank from the target watch list, click the green Check icon. 

To get the contacts, members will click the down arrow on the bank row -- this will expand all the contacts available for that bank. That'll show members the contacts that are in this that are available.  Contacts that were mistakenly added can also be removed here by clicking the minus icon to remove.

The ability to bulk add contacts and targets from Power Search is also available.  Once the results are populated, members can Target All banks by clicking on the Target All or Target All Contacts** by clicking on the Save All button at the top left.

Members have the ability to save a Power Search.  This allows members to quickly re-run specific searches from time to time to see if new banks and/or contacts appear in those searches.  This is typically run by our members on a quarterly basis. Saved searches can also be quickly pulled up from the Dashboard.

**Members with contact limits may not be able to Save All contacts if they have already used a portion of their contact balance.  Save All contacts will not allow you to save all contacts if enough contact credits are not available.  For example, a member is allocated 200 contacts for the month, they've already used 50 and the power search found 175 contacts.  The user only has 150 credits available, so the system will not process the Save All request.  Instead, members will need to individually add contacts from the list in the method shown above.