Case Studies
 

RATA ASSOCIATES

Case Study: Panhandle State Bank

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General Information
Institution Name: Panhandle State Bank
Institution Contact: Mark Mitchell
Subject: Conversion to RATA Comply
 
Description of Institution
Regulator: FDIC
Asset Size: $1 Billion
Number of Branches: 20
Loan Origination Systems: Harland Financial Center and Laser Pro
Applicable Regulatory Challenges: HMDA, CRA
 
Previous Vendor/Solution
Previous Vendor: PCI CRA Wiz
Years with Previous Vendor: 3
Challenges with Previous Vendor: Inadequate support, difficulty using software, unresolved system errors
 
RATA Associates
Products Purchased: Comply HMDA, Comply CRA, Comply Peer-2-Peer, GeoPlus
Comply Contract Start Date: 4/24/2006
Reasons RATA Product(s) were chosen: Ease of use, support, quality reports, import/export capabilities.
 
RATA Experience
Favorite Feature(s) and/or Benefit(s): Automated geocoding, rate spread calclulation, and HOEPA status
Would you recommend RATA Associates' products and service and why? Yes. The support has been exceptional. The program is very easy to use.
Additional Comments: RATA has been one of the best companies I have dealt with in my 25 years of banking. Their service has exceeded my expectations.
   
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