Case Study: Centennial Bank achieves automated compliance and scalable growth with FIS

Turning the Corner with Automated Compliance

Centennial Bank, a community bank that was $1.5 billion in assets in 2008, struggled with manual, inefficient BSA/AML compliance processes that constrained growth. FIS stepped in with its Bank Compliance / Compliance Software, implementing an enterprise-wide system to automate customer onboarding, risk‑rating and regulatory compliance tasks.

FIS automated batch filing for currency transaction reports and suspicious activity reports, improved suspicious‑activity detection and reporting, and eliminated much of the bank’s manual compliance work—delivering immediate time and resource savings and a scalable compliance foundation. As a result, Centennial Bank has quadrupled in size to more than $7.1 billion in assets, supported multiple M&A transactions, and continues to rely on FIS to keep compliance automated, accurate and consistent.

Centennial Bank