Other Consulting Services

An adequate Allowance for Credit Loss ("ACL") methodology is an integral part of a sound credit risk management process. We can perform an assessment of your ACL methodology for adherence to requirements under the Current Expected Credit Loss ("CECL") methodology, and the Interagency Policy Statement on ACL as revised April 2023. Note: this assessment does not rise to the level of a model validation.

Risk management and strategic planning go hand in hand. We will work with you to develop a realistic strategic plan that aligns with your goals and objectives. We'll help you identify opportunities for growth and create a plan to achieve success vis a vis your risk profile, market economies and demographics, and competition. We utilize pre-retreat questionnaires to assess internal views on critical success factors and facilitate the retreat to ensure all potential goals are fully explored and realistic. We can assist with budgets and the planning process, with the understanding the final product will be developed by management and must be the strategic plan of both management and the Board.

With our extensive banking and regulatory experience, we are well equipped to assist the Board and management in their efforts to comply with, and respond to, safety and soundness recommendations made in examination reports, MOUs, or formal administrative actions. We will be available to attend Board and committee meetings, as well as meetings with examiners, and will keep all parties informed as to progress in implementing corrective actions.