Financial Institutions

Assessing the existing situation, then developing and implementing a goal-driven business strategy is critical to the success of any organization, including Financial Institutions. Forward-looking prospective financial data is key to ensuring that your business strategies can be quantified with a customized plan and target to measure and reach successful results.

VonLehman’s Financial Institution Service Team compiles prospective financial data for clients who are seeking to raise capital, acquire other entities or prepare tax credit applications.

Audit and Accounting teams may seem similar from firm to firm; the VonLehman Financial Institution Service Group difference is the value we provide to your institution through our relationship. Our team has extensive experience with and dedication to private Financial Institutions, their operations, processes and challenges. We use our extensive expertise, and the assets of other areas of the VonLehman firm to deliver solutions that go beyond today – solutions that look ahead and produce results that suit your goals now and in the future.

Here’s our approach:

• Use a risk-based approach
• Utilize considerable technology creating an effective and efficient service
• Experienced staff dedicated to the financial institution industry

Financial Institutions need to understand their risk exposure and risk tolerance levels clearly and completely. The VonLehman Financial Service Group Team will work extensively with your internal teams to analyze, assess and communicate thoroughly on all areas of risk and risk tolerance. This knowledge allows your institution to manage exposure throughout operational processes, and establish a confidence that informed, productive decisions are being made at all levels. Minimizing risk and risk exposure are critical to the growth and success of your institution. Your VonLehman team will take a unique approach to your operation and provide service in the areas of:

• Risk Assessments
• Internal Audit
• Regulatory Compliance
• Loan Review
• Asset Liability Management
• Model Validation
• Information Technology Examinations
• Policy and Procedure Developments and Review
• Transaction Support Services
• Forensic Accounting / Fraud Detection and Investigation

Knowing the credit risk contained in your Financial Institution’s loan portfolio is key to achieving any Financial Institution’s full growth potential. Your VonLehman Financial Institution Service Group will help you to understand the implications of risk ratings and the critical nature of a management strategy that identifies and evaluates the overall credit risk contained in your loan portfolio. A comprehensive evaluation is within your reach. Our team of experienced advisors will review and determine that your policies and procedures are being upheld. Here’s a breakdown of our approach:

• Define your Institution’s scope of need and assess portfolio credit risk based on that scope
• Accommodate customized lending philosophies and other needs
• Focus on cash flow, collateral valuation, insurance coverage, file documentation, and compliance with your existing policies
• Verify that proper classification has occurred with all assessed loans, based on your existing risk ranking system
• Review all existing financials and written narratives to assess the customer’s business and lending rationale

Your VonLehman team will provide your management team with information on loan quality and the effectiveness of existing lending policies and procedures. Based on the outcome, your VonLehman advisors can assist your organization with revising its best practices and risk management strategies for:

• Loan and Risk Rating Policies
• Credit Underwriting
• Loan Structuring/Re-Structuring
• Loan Department Structure
• Internal Loan Review Programs
• Pre-Loan Field Surveys
• Field Exams for Asset Backed Lending

The VonLehman Financial Service Group’s Risk Management advisors provide regulatory compliance services to regional, private Financial Institutions. Our approach is focused on risk management and best-practice solutions, helping our clients to:

Identify, evaluate, and test risks associated with:

• Truth in Lending
• Fair Lending
• Real Estate Settlement Procedures Act
• Community Reinvestment Act
• Fair Credit Reporting/FACT Act
• Equal Credit Opportunity Act
• Home Mortgage Disclosure Act
• Flood Disaster Prevention Act
• Fair Housing Act
• SAFE Act
• FDIC Improvement Act
• Home Ownership Counseling Act
• Service Members Civil Relief Act and Military Lending Act
• Homeowners Protection Act
• Funds Availability
• Truth In Savings
• Electronic Funds Transfer Act
• Automate Clearing House
• Privacy Act
• Garnishments
• Bank Secrecy Act/OFAC/USA Patriot Act
• Unfair, Deceptive and Abusive Acts and Practices
• Internet Issues/Website/Social Media

• Provide compliance support for new products. services, or marketing campaigns
• Provide routine compliance testing and solutions to issues detected
• Conduct Pre- and Post-Compliance Examination