TriNovus is excited to announce that Merchants Bank of Alabama has signed with TriNovus for BankRISK.
BankRISK is a comprehensive stress test and risk management solution that proactively evaluates the effects of adverse economic conditions on a bank’s loan portfolio. Stress testing enables a bank to project future portfolio strengths and weaknesses based on hypothetical conditions that are imposed on the institution’s loan data.
BankRisk will apprise Merchants Bank of Alabama of inherent risk exposure and allow the management team to effectively evaluate capital and liquidity needs while satisfying regulatory requirements.
Merchants Bank of Alabama is located in Cullman, AL and has approximately $245M in assets.
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