Case Study
Like Comparing Apples to Oranges: RiverLand FCU is Rescued by Verafin
Case Study Like Comparing Apples to Oranges: RiverLand FCU is Rescued by Verafin RiverLand Federal Credit Union in New Orleans, LA, was using a risk management and protection solution as their automated BSA/AML Compliance software provider before switching to Verafin in 2014. Lindsey Anderson, Compliance Officer; and Rhonda Cubbedge, VP of Operations; discuss the reasons for the switch and the resulting benefits. Their previous solution was an aggravating one that did not strengthen RiverLand’s processes the way Lindsey and Rhonda had initially hoped. With 36 years cumulative experience between them, they knew what they needed and why they needed it. “We looked at a few others but Verafin just seemed a lot better than most of the other products that were out there.” They wanted a