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McHenry Savings Bank
Location
353 Bank Drive,
McHenry, 60050, IL,
United States
Website
https://www.mchenrysavings.com/
Phone
1 815-385-3000
Artw industry
Banking and Financial Services
Employee
Revenue

McHenry Savings Bank Technographics

McHenry Savings Bank Software Purchases 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 Data, Technology Stack, and Enterprise Applications
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
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.
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
CyberSecurity
Vendor
Previous System
Application
Category
Market
VAR/SI
When
Live
Insight
Data Loss Prevention CyberSecurity 2018 2018
Secure Email Gateways (SEGs) CyberSecurity 2020 2020
Secure Email Gateways (SEGs) CyberSecurity 2020 2020
IT Decision Makers and Key Stakeholders at McHenry Savings Bank
First Name Last Name Title Function Department Email Phone
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Apps Being Evaluated by McHenry Savings Bank Executives
Date Company Status Vendor Product Category Market
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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.