As the 23rd largest bank in the state, CommunityBank of Texas covers a broad area with 35 branches. Founded in 1926, today the bank values over $4.5 billion in assets with more than 500 employees.
After several mergers and acquisitions caused increasing technology service costs, leadership at CommunityBank realized some significant changes needed to be made. The bank had not analyzed its technology spending in some time and needed to get organized as they approached another merger. With little time and few resources to complete a review themselves, they turned to trusted advisors at SpyGlass and a Snapshot Audit.