Case Study: Ozona Bank eases BSA/AML transition with Banker’s Toolbox Consulting Services

How Consulting Services Helped Ease a Transition

Ozona Bank, a $224 million community bank with branches in West and Central Texas, was in the middle of a BSA leadership transition and recent growth into new markets when it needed to strengthen its BSA/AML compliance program. After adopting Banker's Toolbox’s BAM software and completing an initial training, the bank wanted to revisit the system’s capabilities and address an unfinished data integrity review.

Banker's Toolbox Consulting Services worked on-site at Ozona Bank to complete the data integrity review, validate data flowing into BAM, and guide the bank through its Rules Based Risk Rating analysis. The result was greater confidence in the data, more efficient BSA work, and a major time savings: Kathy Gold said manual tasks that took about three hours could be completed in BAM in just 30 minutes. The support also helped Ozona navigate an OCC exam successfully, with regulators impressed by the bank’s progress with BAM.

Ozona Bank

Kathy Gold

BSA Officer