Case Study: F&M Bank achieves greater efficiency and compliance with Laserfiche

Laserfiche Supports F&M Bank in Growing Assets from $7.6 to $11.7 Billion

F&M Bank needed to manage rapid growth, increasing compliance requirements, and more complex information and loan processes as its assets expanded and its branch network grew. It initially used Laserfiche as a document management system, then expanded its use across the organization for process automation and integration with its core banking system.

Laserfiche helped F&M Bank automate workflows and standardize key processes, including financial certification, PPP loan applications, and loan document draw preparation. The results included an estimated 700 hours saved per month, faster loan processing, improved accuracy and transparency, more than $1 billion in PPP loans issued, and support for scaling assets from $7.6 billion to $11.7 billion with 99.99% uptime during business hours.

F&M Bank

Morgan Wheeler

Business Intelligence Manager and Vice President