We go beyond compliance so you can stay focused on running your bank.
Responding to the needs of Community Banks, we’ve developed a team of experienced professionals who provide a full range of audit, tax, technology, risk management and consulting services to the community banking industry.
Internal Audit – Outsourced & Co-sourced
We created this product to allow our clients to tailor the internal audit process to their specific needs, creating a more efficient and affordable audit.
We scrutinize your institution’s loan portfolio, assess its overall health and balance, and offer suggestions for improvement. We also help uncover potential problems in your portfolio and prevent losses through early identification.
Interest Rate Risk Review
Our team will review your bank’s interest rate risk management process. Then test the accuracy and completeness of data inputs into the bank’s model. We will also review reasonableness and validity of assumptions used in the model, and compare forecasted results to actual.
Information Technology Exam
Our IT examinations help you safeguard and strengthen your network. We examine all aspects of your network from individual workstations to firewalls and report security risks and previous breaches. We perform penetration testing to determine where your network is vulnerable using techniques that won’t disrupt your business.
An effective exit plan is simply good business. The sale or transfer of a privately held business is a significant financial event and one that unfolds differently for every business owner.
We offer audit procedures customized to your needs, as we’re always striving to search for ways to improve your efficiency and profitability.
We offer comprehensive tax services for community banks and our tax professionals prepare your return with the intricacies of your situation in mind. We’re also prepared to help you with specialized issues of tax planning.
Employee Benefit Plan Audits
The federal regulations surrounding employee benefit plans change constantly, but fiduciary responsibility remains a serious matter. We can help your bank remain compliant and eliminate inefficiencies with an Employee Benefit Plan Audit. While these audits are mandatory, your bank will benefit from the insight and peace of mind they yield. The Whitlock Company offers efficiently conducted Employee Benefit Plan Audits designed to keep your bank compliant and streamline internal procedures.