Testimonial Name: Craig Cobb
Testimonial Title: CFO
Testimonial Company: American Bank & Trust
Testimonial Location: Wessington Springs, South Dakota
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Testimonial Content:
American Bank & Trust maintained a $4.1mm reserve balance. We worked with logicpath to deploy their Deposit Reclassification solution in order to gain immediate access to this balance to contribute to our agricultural lending within our community. Our implementation was straight forward and accomplished in 40 days with little impact on our resources. Deposit Reclassification contributed to our banks bottom line immediately post implementation, and the benefits of not keeping a reserve balance enable us to tap into a once idle balance to fund loans within our community.
Testimonial State: South Dakota