Nodaway Valley Bank Turns to Banker`s Toolbox for Bank Secrecy Act Automation

Implementation of BAM Enables Bank to Achieve Stronger Risk Management
NORTH HOLLYWOOD, Calif.--(Business Wire)--
Banker`s Toolbox, a provider of comprehensive solutions to help financial
institutions improve risk management through anti-money laundering, fraud
detection and commercial real estate loan portfolio analysis and stress testing,
today announced that Maryville, MO-based, Nodaway Valley Bank ($648 million
asset) successfully implemented Banker`s Toolbox` Bank Secrecy Act Anti-Money
Laundering Management System (BAM).

Following the retirement of a longstanding Bank Secrecy Act (BSA) manager,
Nodaway Valley Bank decided to automate its BSA and anti-money laundering
operations. The bank evaluated solutions from three vendors, including two of
the largest technology providers in the industry, and ultimately selected
Banker`s Toolbox`s BAM solution. The purchase decision was attributed to the
high level of functionality of the system, cost effectiveness and the industry
expertise and counsel from Banker`s Toolbox` staff. Implementation was completed
in January 2009, and bank officials already report an increase in efficiency due
to the system`s automated reporting capabilities.

"Successful BSA management can be a time-consuming process without effective
tools in place," said Judy Rogers, vice president and retail operations manager
for Nodaway Valley Bank. "When I took over the BSA operations for our bank, I
wanted to put a system in place that would help us more readily review account
activity through more comprehensive, regular reporting. I have been impressed
with both the ease-of-use and robust nature of the system as well as grateful
for the consultative support and industry knowledge that Banker`s Toolbox
provides."

BAM is a complete system for monitoring and reporting suspicious financial
activity that aggregates, compiles, stores and analyzes data. The system
identifies high-risk activity with real-time or scheduled reporting. The
platform also includes automated Suspicious Activity Report (SAR) and risk
report management, giving BSA officers access to the most detailed reports
available, down to individual tellers on suspicious transactions.

"Bank Secrecy Act compliance and effective fraud detection and prevention affect
every financial institution`s operations, regardless of size," said Daniel Cho,
chief executive officer of Banker`s Toolbox. "Our solutions have been carefully
designed with bankers` needs in mind by professionals with real banking
experience. As fraudsters become more sophisticated in their methods, banks must
accelerate their level of automation to respond in today`s environment and our
solutions enable them to do so."

About Nodaway Valley Bank

Founded in 1868, Maryville, MO-based Nodaway Valley Bank is committed to serving
its customers by providing superior financial services with a tradition of
safety and dependability. Additional information about the bank can be found
online at www.nodawayvalleybank.com.

About Banker`s Toolbox, Inc.

North Hollywood, Calif.-based Banker`s Toolbox, Inc., helps banks manage risk
and streamline compliance examinations. The company`s product suite consists of
affordable solutions for money laundering detection and reporting, commercial
real estate loan portfolio risk assessment, risk management through fraud and
kite prevention and secure wire processing automation. The Banker`s Toolbox team
is a unique combination of seasoned bankers and information technology
consultants who specialize in designing, developing and implementing risk
management solutions nationwide while providing unparalleled customer service to
regional and community banks. For more information, visit the company`s Web site
at www.bankerstoolbox.com.

For Banker`s Toolbox
Media contacts
David Jones, 678-781-7238
or
Elizabeth Salter, 678-781-7224

Copyright Business Wire 2009