McHenry Savings Bank
353 Bank Drive,
McHenry, 60050, IL,
United States
McHenry, 60050, IL,
United States
1 815-385-3000
Banking and Financial Services
McHenry Savings Bank Technographics
McHenry Savings Bank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by McHenry Savings Bank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 46 McHenry Savings Bank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that McHenry Savings Bank has purchased the following applications: Fiserv Cleartouch Bank Platform for Core Banking in 2010, Fiserv iVue for Data Warehouse in 2010, Abrigo Sageworks ALLL for AML, Fraud and Compliance in 2018 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems McHenry Savings Bank is running and its propensity to invest more and deepen its relationship with Fiserv , Abrigo , Fortra or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing McHenry Savings Bank revenues, which have grown to $7.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for McHenry Savings Bank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
McHenry Savings Bank Tech Stack and Enterprise Applications
McHenry Savings Bank ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Fiserv | Legacy | Fiserv Cleartouch Bank Platform | Core Banking | ERP Services and Operations | n/a | 2010 | 2011 |
In 2010 McHenry Savings Bank implemented Fiserv Cleartouch Bank Platform as its Core Banking system. The deployment was executed as a bank-wide conversion program with an internal project manager and administrator coordinating the Cleartouch implementation alongside Fiserv Customer Source and iVue components to centralize account processing and customer records.
Configuration work focused on core deposit and account processing workflows, customer data consolidation through Customer Source, and document and records handling via iVue, aligned with deposit and lending product setup including Relationship Pricing and the bank’s MyMoney and mobile banking offerings. Functional scope included teller, customer service, and management task automation, with training and procedural materials created to support day-to-day operations and role-based access to Cleartouch modules.
Integrations and operational coverage were coordinated with Information Technology and the front-line organization, including alignment with website updates and customer service channels noted in project records. Rollout activities included all-staff, small group, and one-on-one training sessions, plus the development of training manuals, a reference library, testing protocols, and the maintenance of training records for ongoing operational support.
Governance and process changes were formalized through scheduled training logistics and reporting, with staff training records and statistical reports used to evaluate adoption. Confidential analytical reporting prepared for the board, such as marginal cost, loan migration analysis, and quarterly loan analysis, was incorporated into regular operational review cycles to support oversight of the Fiserv Cleartouch Bank Platform.
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McHenry Savings Bank Analytics and BI
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Fiserv | Legacy | Fiserv iVue | Data Warehouse | Analytics and BI | n/a | 2010 | 2011 |
In 2010, McHenry Savings Bank implemented Fiserv iVue. Fiserv iVue is a Data Warehouse application used to centralize reporting and support operational reporting workflows across retail and back office functions, including confidential Board-level analyses and loan portfolio reporting.
The implementation was managed internally with an AVP Training Manager acting as Project Manager and Administrator for the Fiserv conversion activities that included Cleartouch, Customer Source and iVue. Configuration and rollout emphasized staff enablement, with comprehensive training materials, a reference library, multimedia aids, testing and evaluation protocols, and instructor-led sessions for tellers, customer service staff and management.
Operational coverage extended across the institution, with training logistics coordinated for more than 80 bank employees and a strong liaison role with Information Technology to streamline communication related to new technology and support of website changes. Training and reporting workstreams supported the introduction and marketing of new products and services such as mobile banking, MyMoney, Relationship Pricing, and deposit and lending product offerings.
Governance and process changes included maintenance of training records, preparation of statistical reports to evaluate staff proficiency, and the creation of confidential reports for the Board of Directors including Marginal Cost, Loan Migration Analysis and Quarterly Loan Analysis. The program explicitly targeted streamlined communication with IT and improved productivity through standardized use of Fiserv applications and institution-wide training.
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McHenry Savings Bank TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Abrigo | Legacy | Abrigo Sageworks ALLL | AML, Fraud and Compliance | TRM | n/a | 2018 | 2018 |
In 2018 McHenry Savings Bank implemented Abrigo Sageworks ALLL. The bank lists Abrigo Sageworks ALLL on its public website and aligns the application within its AML, Fraud and Compliance tooling footprint to support allowance and credit risk workflows.
Configuration emphasized core ALLL modeling, allowance calculation, scenario analysis, and regulatory reporting modules available in Abrigo Sageworks ALLL. The solution is provisioned as a hosted application and surfaced via the bank website for authenticated access by internal users. Operational coverage includes finance, credit and loan operations teams responsible for provisioning and loan review workflows, with governance organized around scheduled model updates and periodic reporting to senior management.
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McHenry Savings Bank CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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|
|
Data Loss Prevention | CyberSecurity |
|
2018 | 2018 |
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Secure Email Gateways (SEGs) | CyberSecurity |
|
2020 | 2020 |
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|
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Secure Email Gateways (SEGs) | CyberSecurity |
|
2020 | 2020 |
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IT Decision Makers and Key Stakeholders at McHenry Savings Bank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by McHenry Savings Bank Executives
APPS RUN THE WORLD tracks software evaluation trends across 2 million companies worldwide, including buyer insights from McHenry Savings Bank IT executives and key decision makers. As part of ARTW Buyer Intent and technographics insights, these findings provide useful visibility into the McHenry Savings Bank digital transformation priorities and AI adoption trends.
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||
FAQ - APPS RUN THE WORLD McHenry Savings Bank Technographics
McHenry Savings Bank is a Banking and Financial Services organization based in United States,
with around 46 employees and annual revenues of $7.0 million.
McHenry Savings Bank operates a diverse technology stack with applications such as
Fiserv Cleartouch Bank Platform, Fiserv iVue and Abrigo Sageworks ALLL,
covering areas like Core Banking, Data Warehouse and AML, Fraud and Compliance.
McHenry Savings Bank has invested in cloud applications and AI-driven platforms to optimize efficiency and growth,
collaborating with vendors such as Fiserv and Abrigo.
McHenry Savings Bank recently adopted applications including
Cisco IronPort Cloud Email Security in 2020, Cisco Secure Email (formerly Email Security Appliance) in 2020 and Abrigo Sageworks ALLL in 2018,
highlighting its ongoing modernization strategy.
APPS RUN THE WORLD maintains an up-to-date database of McHenry Savings Bank’s key decision makers and IT executives,
available to Premium subscribers.
Our research team continuously updates McHenry Savings Bank’s profile with verified software purchases,
vendor relationships, and digital initiatives identified from public and proprietary sources.
Subscribe to APPS RUN THE WORLD to access the complete McHenry Savings Bank technographics profile,
including detailed breakdowns by category, vendor, and IT decision makers.