Page 43 - July 18, 2024 Bulletin

Bismarck • Real-Time Communication and Collection: Don’t rely
on the front line and unanswered emails for document
North Dakota Housing Finance Agency (NDHFA) announces collection and case investigation - communicate securely with
the selection of 2024 funding recipients for the federal Emergency customers & members for faster resolutions and documented
Solutions Grant (ESG) and the state North Dakota Homeless evidence.
Grant (NDHG). The need for assistance in addressing homelessness
and housing insecurity in North Dakota is significant. Both ESG • Market Expansion: Grow your deposits by working in new
and NDHG are oversubscribed, with the demand for support far and underserved markets while feeling confident with your
exceeding the funding available. risk management.

ESG provides funding for emergency shelters, outreach services, • Integrated KYC/KYB: Eliminate the need to buy additional
homelessness prevention, and rapid re-housing assistance. NDHFA data services to scan for sanctions, watchlists, adverse media,
received 21 applications requesting nearly $2.2 million. 10 agencies business structure, and licensing with baked-in automated
were awarded $881,870 to support their essential work in these ongoing monitoring and onboarding assistance.
areas. For more information about RiskScout's BSA/AML solution or to
NDHG, which is modeled after ESG, received 25 applications see the solution in action, please visit www.riskscout.com or contact
requesting over $2.8 million in funding. NDHFA awarded $909,115 the UBB sales team at www.ubbrequest.com.
to 17 agencies statewide, distributing the available funds to support
their work. Oklahoma City, OK
For more details on these programs, the application process, The Baker Group and NDBA Welcome
allocation plan, or awards list, please visit NDHFA’s website. Amanda Renneke. Amanda is an experienced
account executive who has built her career
Bloomington, MN around understanding her clients’ businesses
and bringing them solutions to meet their
United Bankers’ Bank is partnering with RiskScout to bring needs. Her experience in the financial services
a more robust and innovative BSA/AML solution to customers. industry, coupled with her knowledge of
RiskScout, a financial regulation technology company, is excited technology, has given her a unique skill set
to announce its comprehensive BSA/AML solution designed to to help clients expand and optimize their Amanda Renneke
help financial institutions grow more efficiently and profitably businesses.
while keeping their communities safe from financial crime.
This innovative suite of tools streamlines BSA compliance tasks Prior to joining The Baker Group, Amanda expanded her financial
and reduces costs, all while unlocking new revenue streams for services career at U.S. Bancorp by building out digital platforms
community banks and credit unions. for both technology and marketing functions. She previously held
senior sales roles at Corning, Dell Technologies, VMWare, and
Key Features of RiskScout's BSA/AML Solution:
Broadcom, primarily assigned to financial services and healthcare
• Tailored Transaction Monitoring: Customize your rules- clients.
based system and adjust alert thresholds to align with your Amanda received her Master of Business Administration degree
unique customer/member risk profile. from Carlson School of Management at the University of
• User-Friendly System: Designed by BSA professionals for Minnesota, and her undergraduate degree at St. Olaf College.
BSA professionals, our platform is intuitive and easy to Amanda will assist North Dakota banks with portfolio
understand. management, asset liability management, and the full suite of
• Rapid Efficiency Gains: Achieve efficiencies within days services offered by The Baker Group.
of contract signing, eliminating months of waiting to see a
return on investment.

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