Case Study: Roxboro Savings Bank achieves confident regulatory exams with Kinective’s Omnilytics

Consistent confidence in regulatory exams with the help of OmniLytics

Roxboro Savings Bank, a community bank in North Carolina, faced the challenge of managing regulatory exam preparation, audits, and board communication entirely with its small in-house team. Seeking to enhance these processes, the bank went looking for a long-term partner and was introduced to Kinective. They decided to use Kinective's OmniLytics service for interest rate risk measurement and reporting.

Kinective implemented its OmniLytics service, which empowered the bank to model interest rate risk, run stress tests, and receive direct analyst support. This partnership provided Roxboro with a game-changing level of preparedness for regulatory exams. The results were highly successful; after 20 years of collaboration, the bank received zero follow-up questions in a recent exam due to its thoroughness. The consistent partnership with Kinective has been a major win for the bank, earning the vendor a perfect 10/10 client rating.

Roxboro Savings Bank

Jane Long

Senior Vice President & Chief Administrative Officer