Case Study: American Bank streamlines BSA/AML and wire compliance with Banker’s Toolbox

American Bank Leverages WirePro and BAM to Easily Manage Wire & BSA/AML Processes

American Bank, a $900 million community bank in Corpus Christi, Texas, needed an easy way to quickly get a new senior compliance officer up to speed while managing BSA/AML compliance and wire transaction processing. Since 2005, the bank had relied on Banker’s Toolbox products, including BAM and WirePro, to support its compliance operations and integrate with its core banking system.

Banker’s Toolbox implemented BAM to automate suspicious transaction monitoring and SAR reporting, and WirePro to streamline wire processing while feeding wire activity into BSA/AML oversight. The result was a more efficient compliance program with better visibility into cash and wire risk, stronger monitoring of high-risk channels like ACH and wires, and improved resource allocation for American Bank.

American Bank

Stacey Galary

Senior Compliance Officer