Case Study: National Cooperative Bank achieves more efficient, examiner-approved ALLL calculations with Abrigo's Sageworks ALLL

Using Resources More Effectively for an Improved Process

National Cooperative Bank (NCB), a $1.7 billion cooperative-focused bank in Arlington, VA, was performing its allowance for loan and lease losses (ALLL) manually with spreadsheets, relying on external ratings data and facing regulatory scrutiny that left little time for analysis. To automate and improve the process, NCB selected Sageworks ALLL by Abrigo.

Abrigo implemented Sageworks ALLL, integrating NCB’s core system data to build a historical loss model, support their monthly ALLL calculations with quarterly rate updates, and provide FRED and FDIC data links to defend qualitative factors. Since adopting Sageworks ALLL by Abrigo over two years ago, NCB reports markedly improved examiner feedback, stronger documentation, and the ability to reallocate resources from compiling spreadsheets to analyzing results and meeting regulatory requirements.

National Cooperative Bank

Darren Flavell

Vice President of Risk Management