FINANCIAL INSTITUTIONS
GLOBAL ENTERPRISES
GOVERNMENTAL
GOVERNMENT CONTRACTORS
HEALTHCARE
INFORMATION TECHNOLOGY
MANUFACTURING
NOT-FOR-PROFIT
REAL ESTATE & CONSTRUCTION
NATIONAL RESTAURANT & RETAIL GROUP
 
 

ur Financial Institutions industry group focusing on financial institutions is forging a reputation as a leading provider of financial and consulting services in the Southeast. With relationships focused and built on trust, Cherry, Bekaert & Holland provides Professional Services from a Banker's Perspective to a diverse and successful group of financial clients.

A committed team of professionals provides audit, accounting and tax services to our financial clients. These professionals are trained in all aspects of financial institutions, including FDICIA and SEC issues. We utilize a technology-driven, risk-based audit approach, and provide proactive tax planning and compliance solutions to our clients.

Internal audit outsourcing is another important aspect of our service complement. Our internal audit team includes financial institution auditors and industry experts with very specialized competencies. We utilize automated risk-based solutions, and can provide full or partial outsourcing service alternatives. CB&H always strives to maintain independence and objectivity in all outsourcing engagements, often resulting in cost savings for our clients.

 
he Financial Institutions group is made up of team members strategically located throughout the Southeast. This local presence, combined with our regional resource network, uniquely qualifies CB&H to serve regional and community financial institutions thoroughly, efficiently and cost-effectively.

CB&H currently provides accounting and consulting services to over 150 clients in the financial sector, ranging in asset size from $25M to $5B.

Clients served by this important specialty niche include:

Regional and community banks
Savings banks
Credit unions
Mortgage banks
Broker/dealers
Asset-based lenders
Diversified finance companies


 
 
Our financial clients are facing intense competition, increased regulation, changing customer expectations and heightened merger & acquisition activity. As this operating environment becomes increasingly complex, our clients must focus on key drivers of greater growth and profitability. Our Financial Institutions group was structured to help clients cope with the realities of the marketplace. We provide proactive and proprietary solutions in areas vital to the strategic and financial success of our clients, covering a wide spectrum of specialized professional services including:
Loan review outsourcing
Loan review due diligence
Loan policy authoring and review
Credit administration evaluations
Loan documentation reviews
Evaluations of lending personnel
Assistance in establishing an internal loan review function
Credit analysis and loan documentation training
Network security risk posture analysis
Network penetration studies (hacker testing), security architecture & engineering
Information security policy development and review
SAS 70 third party reviews
Disaster recovery & controls testing
Review of consumer compliance regulations and their application
Analyzing compliance department efficiencies and effectiveness
Conducting compliance training programs
Developing compliance policies
Freddie Mac, Trust and CRA/HMDA
Due diligence for loan purchases
 
ur Financial Institutions group consists of a dedicated group of experienced accounting and consulting professionals, a former bank president and a former bank regulator. This group stays abreast of changing trends and unique issues facing the industry. We network with industry leaders inside and outside of the Firm to help ensure we remain on the cutting edge of theory, technology and practice as necessary to help provide a competitive advantage for our clients.

This thought leadership is reflected in the high demand for our professionals to serve as panelists, speakers and instructors at bankers and community bankers associations in Virginia, North Carolina, South Carolina, Georgia and Florida and at various bank colleges across the region.
 
 
 

 

Paul D. Fedorkowicz , CPA, MBA


 

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