Management Consulting Services

Operational Issues

Many clients depend on us for advice on developing effective accounting systems, maximizing operating results, and resolving various management problems.

Operational issues affect your ability to keep everything running smoothly and efficiently while providing immediate, quality service. Some of the ways we can help include the following:

With our Accounting & Recordkeeping Service, we assist your personnel in closing the books and reconciling items in the general ledger, out-of-balance accounts, and other areas as required. If necessary, we will help develop daily recordkeeping and reconciling procedures and train personnel in those areas.
Since many clients have problems with ATM balancing, especially after a conversion, we can focus on this area. We can review your ATM operations and help set up ATM controls and procedures and train personnel in correcting out-of-balance problems.
Policies and procedures set the standards for how your personnel perform certain internal tasks and how and what services they provide. We can review your policies and procedures for appropriateness and make recommendations for change based on our experience in the industry. In addition, we can review specific aspects of your operation for compliance with internal policies, procedures, and by-laws as well as certain federal regulations and statutes.

We can provide assistance with ballot tabulation and verification in your annual elections for the Board of Directors with our Tellers of Election Service. We help maintain strict confidentiality and security over the election process.

Other operational areas in which we have assisted clients include interim Manager/CFO services, merger evaluations, analyzing the adequacy of the allowance for loan loss account, and reviewing commercial lending programs for internal policies, procedures, sound underwriting standards, and operations.

Strategic Decisions

Good strategic decisions are essential to planning growth, well-being, and future success. Setting carefully planned business goals and objectives are also important to help improve resource utilization, increase employee motivation, increase communication, and establish greater control over the direction you want to take. Some of the ways we can help you plan for the future:

We can assist Management and the Board of Directors in compiling and analyzing financial information related to the financial impact and feasibility in constructing a new or branch office. If you are considering a change in charters, we can analyze the financial impact of expanding your field of membership and help develop a business plan.
Our Consultants can also assist Management and the Board of Directors in developing a strategic plan from which you can grow. We provide an environment in which the participants can analyze their current situation and organize and plan short-term and long-term goals and objectives.

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