Community Banks

SolomonEdwards supports the banking and financial services industry with a strong focus on the unique needs of community banks. Having led key strategic projects during the financial crisis, we are uniquely qualified to deliver special insights and innovative solutions to address the challenges faced by today’s community banker. We bring the resources and experience community banks need to address non-routine, highly specialized intiatives, including:

  • Compliance and Regulatory Response
    • Bank Secrecy Act (BSA)/ Anti-Money Laundering (AML) Readiness Exams
    • Fair Lending/CRA
    • Consumer Compliance
    • CFPB
    • Assistance with remediation in response to PCAs, MRAs, MOUs or C&Ds
  • Financial and Accounting
    • Purchase Accounting (Day 1 and Day 2)
    • Loss Share Accounting and Reporting
    • Loan Accounting Assistance
    • Accounting Operations Assistance
    • Reconciliation Assistance
    • Financial, Regulatory and/or SEC Reporting Assistance
  • Business Process Improvement (BPI)
    • Close Faster Initiative
    • System Optimization
    • Optimizing Profitability through Re-Engineering
  • Credit Risk
    • Loan Review
    • Due Diligence/Portfolio Review
    • Asset Management Support
  • ERM and Corporate Governance
    • ERM Assessment
    • Controls and Key Risk Indicators
    • Controls and Transaction Level Testing
    • Internal Audit – Outsourcing and Co-sourcing
    • SOX and FDICIA Compliance
    • External Audit Readiness
    • Business Continuity
  • PMO/Transformation
    • PMO Start-ups
    • Program and Project Management
    • Project Resources Augmentation
  • Mergers & Acquisitions Support
    • Purchase Accounting (Day 1 and Day 2)
    • Loss Share Accounting and Reporting
    • Due Diligence
    • Valuations and Re-valuations
    • Post-Acquisition Integration/Conversion
    • Asset Management Support