Case Study: Carter Bank & Trust saves up to $3M annually with WorkFusion automation

Carter Bank & Trust saves up to $3M annually with WorkFusion

Carter Bank & Trust, a regional bank, sought to automate its heavily regulated account opening and anti-money laundering (AML) processes to increase efficiency and reduce operational costs. To address this challenge, the bank partnered with WorkFusion to implement its Intelligent Automation solution.

By deploying WorkFusion's automation, Carter Bank & Trust streamlined over 200 processes, including identity verification and adverse media monitoring. This solution resulted in projected annual cost savings of up to $3 million, freed 40 employees for higher-value work, and significantly shortened customer onboarding cycles. WorkFusion's technology enabled the bank to achieve these substantial results within one year of deployment.

Carter Bank & Trust