Case Study Moving Beyond Manual Processes First National Bank Texas turns to Verafin to strengthen its BSA and AML compliance programs. Business Challenge 220 bank branches and 360 ATMs present First National Bank Texas with an enormous currency transaction reporting (CTR) challenge. A need for thoroughness led to the development of a labor-intensive reporting and investigation process. Relying primarily on several daily core banking system transaction reports that provided numerous pages of single or aggregate transactions over $9,000, a team of six people was responsible for reviewing each transaction and investigating every account that appeared on the reports. “Our whole CTR process was extremely manual,” explained Amy Lane, Assistant VP of Operations. Her biggest challenges

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