ECM Increases Corporate Governance at Nara Bank
Nara Bank uses Laserfiche to keep client information secure, confidential and audit-ready
June 2nd, 2010 by Meghann Wooster
Nara Bank, a wholly owned subsidiary of Nara Bancorp, Inc. (Nasdaq: NARA), was founded in 1989 to serve the Korean-American business community in Southern California. Since its inception, the bank has grown to encompass 20 branches across three states, 350 employees and assets of more than $2 billion.
As a large community bank and federally-insured financial institution, Nara gets audited “all the time,” says IT Manager Mona Chui. “Keeping information secure and confidential is a top priority for us.”
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In a year marked with more bank failures than we’ve seen since the height of the savings-and-loan crisis, D.L. Evans Bank, a family-owned institution with 22 branches, 320 employees and $875 million in managed assets, has cause to celebrate. Its ten-year use of Laserfiche has netted the 105-year-old, Idaho-based bank a wealth of dividends, including: