Case Study: American Bank, N.A. achieves streamlined BSA/AML compliance and wire monitoring with Abrigo's BAM+ and WirePro

American Bank NA - Customer Case Study

American Bank NA, a community bank in Corpus Christi with 13 branches and $1.37 billion in assets, relied on Abrigo software to manage BSA/AML compliance and wire processing. When senior compliance officer Stacey Galary joined in 2008 she was tasked with managing and optimizing the bank’s automated processes—principally Abrigo’s BAM+ and WirePro—and ensuring they remained integrated with the bank’s PhoenixEFT core system.

Abrigo deployed BAM+ for automated suspicious-activity monitoring and SAR management and WirePro to automate wire workflows and feed transactions into BAM+ for compliance oversight. As a result, Abrigo’s solutions became the heart of American Bank NA’s BSA/AML program, streamlining back-office workflow, improving SAR reporting, ensuring ACH and wire transactions don’t slip through the cracks, and enabling the bank to allocate compliance resources more efficiently.

American Bank NA

Stacey Galary

Senior Compliance Manager