Business Continuity Forum
A pillar for more than 75 years in the Gulf Coast communities it serves, St. Martin Bank & Trust Company has 11 branches located along hurricane prone Interstate 10. In spite of Mother Nature's efforts, and in a challenging financial environment, the bank has not only survived, but thrived - in the past year purchasing the American Bank of Welch and adding five new branches. However, while the institution's singular focus on the region has made it more important to the local community, it has also made it more vulnerable to the storms that repeatedly threaten the area.
Faced with three major hurricanes since 2006 -- Katrina, Ike and Gustav -- St. Martin Bank & Trust needed a way to ensure its critical services remained operational and its customer data was protected in the face of potential disasters. Similar to many institutions its size, it did not have the resources to maintain and manage a facility in another geographic location, so the company looked to IBM Global Technology Services - Integrated Technology Services to implement a "hot site" in Boulder, Colorado. A customer of IBM Business Continuity and Resiliency services since 1990, IBM assisted St. Martin Bank in analyzing and updating its disaster recovery readiness and continuity strategy to include the new facility and capabilities.