Case Study: Taunton Federal Credit Union improves AML efficiency with Abrigo BAM+

Taunton Federal Credit Union boosts AML efficiency by 75% with Abrigo

Taunton Federal Credit Union was facing growing compliance and fraud monitoring workloads due to expansion, which its teams were managing with inefficient manual processes. Without adding staff, the credit union needed to automate operations to sustain its growth. They partnered with vendor Abrigo to implement its BAM+ anti-money laundering solution.

Abrigo's BAM+ solution automated key workflows like cash reporting and CTR filing, streamlining operations and improving inter-departmental collaboration. As a result, Taunton Federal Credit Union achieved an estimated 75% efficiency gain in its core BSA functions and detected fraud more effectively, all without hiring additional personnel. Abrigo's implementation allowed existing staff to become significantly more efficient and effective.

Taunton Federal Credit Union