Tewksbury FCU
Headquarters: Tewksbury, MA
Assets: $94M
Core System: Fiserv – Portico
Before Nasdaq Verafin, Tewksbury FCU was manually reviewing over 3,000 transactions each day. With our solution in play, risky activity is identified immediately, significantly reducing time spent investigating, and filing CTRs and SARs.
“Now, we log in and see exactly what needs attention. It flags potential structuring, alerts us to watchlist matches, and even prompts us when a CTR or SAR might be needed. What used to take 5–10 hours now takes an hour at most, so we’re reducing our workload by up to 90% on a daily basis.”
Learn more about how this institution is working with Nasdaq Verafin to win the fight against financial crime.
