About Us
We believe responsible, responsive financial institutions are key to healthy communities.
Who We Are
Founded in 2003 and located in Oakdale, Minnesota, our mission is to strengthen community financial institutions.
Who We Serve
We serve community financial institutions located across the country, including:
- Over 300 community banks, including 73 that are publicly traded.
- Nearly 300 credit unions, including 42 of the top 100.
Why Choose Us
Our sole focus on financial institutions for over two decades means you can have confidence in us. We are recognized as experts in the field by our colleagues, the major accounting firms, and regulators. We have developed a team second to none and know what you, your auditors, and regulators expect – and we deliver it.
Our specialization in four interrelated business lines means you can rely on us. For example, our knowledge of credit losses derived from our Current Expected Credit Loss (CECL) work informs our loss assumptions in merger and acquisition (M & A) transactions. Similarly, our asset liability management (ALM) non-maturity deposit studies guide our core deposit intangible calculations.
Our fee-based compensation means you can trust us. None of our engagements are based on commissions or contingent consideration. We simply want to be of service.
Our commitment to the industry means we want you to thoroughly understand the issues and challenges that you face. Our reports are transparent and actionable. Our resources are not gated, and our white papers have been downloaded thousands of times. We speak frequently at national industry conferences, including those hosted by the AICPA, America’s Credit Unions, FDIC, NCUA, and many of the largest public accounting firms.
Our deep knowledge of the difficulties and challenges involved in ongoing accounting and regulatory reporting led us to develop the tools needed to ease your burdens. For example, we provide “day two” accounting in our fair value work.
Our use of Securities Industry and Financial Markets Association (SIFMA) standard discounted cash flow models means our work is transparent and can be audited.