Abrigo

““Abrigo stands by their products / solutions and is always willing to lend a helping hand.””

““I don’t have to ‘dumpster dive’ into the data from our core to ensure BAM+ is capturing correct information and data for suspicious activity monitoring.””

““With their assistance, I was successful in outlining to our board members the importance of an automated system (BAM+) and maintaining accurate data to ensure compliance for our BSA program.””

““Using multiple reports offered through BAM+ has saved a tremendous amount of time for me personally,” she said. “From [quality control] to management reporting, this task was over 8+ hours. It has been reduced to 3 hours.””

““First Guaranty Bank has been part of the Abrigo family for over 12 years, and through this partnership, we are able to ‘fight financial crime’ together!””

“Management wants to know what the impact is going to be. We’re forecasting our capital needs, doing a five-year plan. If you’re a bank of substantial size and have to forecast capital, you have to know the answer sooner rather than later.”

“I knew from experience that with a change of this magnitude you need the perspective and opinions of a third-party expert.”

““Moving away from old methods doesn’t mean that the old method was wrong or bad, but just different. Any time you’re implementing a new system or creating any type of new change, you’ve got to be communicative and be open to feedback.””

““When we compared our numbers compared to peers, we knew we were fairly inefficient with our lending area from a cost standpoint. If you’re a growing bank, then you have to be adaptive,” Hoban explained. “Abrigo allowed us to do that by having a system that could be leveraged by a fewer number of lending associates.””

““Change is hard for everybody, but if you can explain why change has to occur and how that change can eventually benefit the group overall, it may not be easy, but it becomes easier,” Hoban explained.”

““It was nice to be able to ask, ‘Did you encounter this problem?’ and ‘How did you handle this problem?’” Hoban said. “It was nice to work with another bank that could be a sounding board for us.””

““He dove in and really learned the guts of the system,” Hoban said. “When you’ve got that expert on staff, and you know you can get a quick response if you run into a dead-end, that relaxes everybody, and everyone performs better when the stress is low.””

““For us to optimize the efficiency of the system, we really had to make things consistent and make sure we had all of our commercial and ag loans going through Abrigo,” Hoban said. “We explained to everyone that we would phase our way through it, but we were really clear all along that we would be committed to using the system. It’s important that we are adaptive.””

““I feel that representation was really important, so each group had input,” said Rich Hoban, Director of Corporate Development at Frandsen Bank & Trust. “I think we got better buy-in because of that.””

“Abrigo’s global analysis ensures accuracy, and the narrative reports provide time-savings and consistency. Our examiners have commented that they like the uniformity our software solution provides to our credit analysis.”

“We use Abrigo for every single loan. The global cash flow analysis allows us to use the program for our most simple credits to our most complex ones that have multiple LLC’s and guarantors.”

“With a standard input process, our analysis for every loan is identical. The narrative report Abrigo provides in its output also helps with consistency and provides time-savings on my credit presentations.”

““It’s been easy for our lenders to hit the ground running,” Nichols said.”

““The support we get from Abrigo is a huge factor. Abrigo is more like a partner to us than a vendor or software provider.””

““Abrigo helped us get out of the fire and took a major headache away for us. They were working overtime alongside us.””

“When the FDIC came back for the next federal exam, the examiners were satisfied with the credit analysis system we implemented. They were impressed with the consistency and thoroughness of Sageworks Credit Analysis.”

“Abrigo has helped contribute to the bank’s tremendous growth in such a short time. It allows our lenders to spend more time making loans and building their portfolio.”

““I really like this new system for draws,” said one spec builder after using Abrigo Construct with Heritage Bank for the first time. “It’s clean, neat, and easy to read all on one page. It beats the old Excel system by a mile.””

““I appreciate the flexibility Abrigo Construct has allowed me to pull information quickly when needed.””

“BAM+ raises a literal red flag to potential elder financial exploitation by alerting us to transactions that fit within specific parameters that are consistent with EFE,”