Case Study: First Guaranty Bank achieves improved financial-crime detection and cuts reporting time from 8 to 3 hours with Abrigo

First Guaranty Bank Fighting FinCrime and Saving Time with Abrigo Partnership

First Guaranty Bank, a Louisiana state‑chartered bank with 33 branches, partnered with Abrigo to strengthen its BSA/AML efforts and reduce the heavy time burden of compliance reporting. The bank faced manual, time‑consuming processes for suspicious activity monitoring and reporting, and turned to Abrigo’s BAM+ platform and advisory services to support automation and data integrity across systems.

Abrigo implemented BAM+ along with a data integrity review and a Suspicious Activity Program Optimization from Abrigo Advisory Services, and provided dedicated account and client success support to tune risk parameters. As a result, First Guaranty Bank cut reporting time from over 8 hours to about 3 hours, eliminated the need to manually search core data for alerts, and improved accuracy and efficiency in detecting potentially suspicious activity.

First Guaranty Bank

Joellen Juhasz

Vp, Bsa Officer