Case Study: Fort Community Credit Union strengthens BSA/AML compliance with Abrigo BAM+

Fort Community Credit Union strengthens BSA/AML compliance with Abrigo, uncovering suspicious activity with $400 million in assets

Fort Community Credit Union, a $400 million asset credit union, faced the challenge of strengthening its BSA/AML compliance amidst growing regulatory demands and limited resources. With a lean team relying on manual processes, it needed a scalable way to improve risk monitoring and consistency. The credit union implemented the BAM+ platform from vendor Abrigo to automate its compliance program.

By deploying Abrigo's automated BSA/AML platform, the credit union gained better visibility into member risk and improved suspicious activity detection. The solution provided a consistent risk-rating methodology and manageable alert volumes, which immediately identified previously unnoticed suspicious activity, leading to an increase in filed SARs. The vendor Abrigo also provided strong examination support, giving the compliance team greater confidence during audits.

Fort Community Credit Union