We create streamlined bank compliance reviews for community banks.
We’ve assembled a team of seasoned professionals who understand the nuances of community banking. Our experience with banks large and small helps us understand the scope of work required and focus on the details. We know your bank and its unique procedures, policies, and processes — our goal is to ensure your processes result in compliance.
The typical small bank review cycle revolves around four main areas reviewed on a quarterly basis with Internal Controls done every quarter as a strategy for managing the overall process.
R/A will do a complete survey to determine what needs the institution has and what must be addressed first
Checklist and forms are delivered so requested documents can be gathered and/or documents prepared
R/A’s team will visit your bank onsite to gather additional documents, complete checklists, and generate the review.
Our team creates the first report based on findings and bank materials. The key to our service is the fast turn-around for this report – the target is 45-60 days.
Bank management reviews R/A’s initial report and responds to these findings.
Delivered to the Board, this is typically done by calling-in during a monthly or quarterly meeting.
No doubt you do—this is an important decision. And whether you have real reporting issues you’re facing or whether you’re trying to build compliant programs that will stand up to examination, when you call Review Alliance, you are talking to experts with decades of experience.