ACH Auditing
The automated clearing house (ACH) function has become an integral part of banking operations, and our team is poised to provide support to our clients.
Auditing Services
For your bank to grow and create value, it must garner the trust of its customers, lenders, and employees. Choosing the right accounting firm to audit your financial statements is a critical decision in establishing that trust.
Bank Secrecy Act Compliance
Regulatory scrutiny and rigorous enforcement have turned compliance with the Bank Secrecy Act into a front-burner issue for financial services companies. Compliance needs to be rooted in each organization’s unique risk profile, and meeting the evolving requirements has become a complex process.
Holding Company Reports & Call Report Assistance
Regulatory requirements can become burdensome to most banking organizations. The Condley & Company banking services team can help reduce headaches and stress levels. Our firm experience and knowledge allow us to assist our clients in the preparation of holding company reports (Y-9, Y-6, etc.) and quarterly Call Reports.
Internal Audits
Through our comprehensive internal audit services, we partner with clients as an extension of their team to provide full-service support, utilizing a risk-based approach tailored to each client’s unique bank environment.
Loan Reviews
When you consider that loans are your most important asset, it makes sense to engage our specialists to help determine loan quality and performance. At Condley & Company, we help our clients work toward realizing their goals and aspirations by providing unbiased and thorough financial guidance. We understand the importance of planning for the future.
Operational Policy & Procedures Review
No matter what stage your bank is in, you must establish and maintain a system for objectively reviewing your operations. Condley & Company will help you properly design, optimize, and monitor your critical processes, pointing you towards greater efficiency and profitability.
Tax Returns
Proper tax preparation and planning are critical to running a healthy bank and maximizing the potential of your wealth. At Condley & Company, our Banking Services Group works closely with clients throughout the year to create innovative and customized solutions to minimize your tax burden.
The automated clearing house (ACH) function has become an integral part of banking operations, and our team is poised to provide support to our clients in Abilene, TX, and the surrounding area. Condley & Company can perform an annual ACH audit that focuses on ACH controls and compliance, allowing the bank to meet regulatory guidelines for performing such an audit by December 1 of each year.
For your bank to grow and create value, it must garner the trust of its customers, lenders, and employees. Choosing the right accounting firm to audit your financial statements is a critical decision in establishing that trust. At Condley & Company, we offer efficient, reliable, and affordable auditing services. We provide high quality, personalized solutions to meet your bank’s unique needs. We will help you establish reporting credibility, while looking beyond the numbers to uncover hidden value within your operations.
The deep knowledge of our Banking Services Group enables us to provide auditing services to banks throughout Texas. We take our role as independent public accountants very seriously and are accustomed to interacting with such financial oversight groups as audit or finance committees and bank examiners. Our professionals will work closely with your management and staff while creating minimal disruption to your daily operations.
Regulatory scrutiny and rigorous enforcement have turned compliance with the Bank Secrecy Act into a front-burner issue for financial services companies. Compliance needs to be rooted in each organization’s unique risk profile, and meeting the evolving requirements has become a complex process.
Condley & Company can help you comply with requirements for an annual independent review of your compliance program commensurate with your bank’s specific risks. We take into account size, locations, customer base, corporate culture, delivery channels, products, and service offerings. Our audit takes a comprehensive approach, taking into account guidance provided by federal and state regulators.
Regulatory requirements can become burdensome to most banking organizations and the Condley & Company team can help reduce headache and stress levels. The experience and knowledge of our Banking Services Group allow us to assist our clients with the preparation of holding company reports (Y-9, Y-6, etc.) and quarterly Call Reports. The assistance we provide does not stop at preparation alone, but carries forward to communication with regulatory agencies in resolving any potential discrepancies noted or general questions regarding filed reports.
At Condley & Company, we believe the concept of internal audit is not just about compliance and meeting regulatory requirements. It’s also about understanding processes, ensuring those processes operate at the highest level, and maximizing banks’ profitability and success. Through our comprehensive internal audit services, we partner with clients as an extension of their team to provide full-service support, utilizing a risk-based approach tailored to each client’s unique bank environment.
The internal audit specialists at Condley & Company have specific banking industry experience to help clients realize the full potential of their processes. Moreover, we have the necessary insight to help banks not only comply with any relevant laws and regulations, but also derive measurable benefits from the process. Throughout our engagement with you, we help assess and improve your overall internal control structure and processes.
Our banking services team in Abilene, TX, can assist with the following:
When you consider that loans are your most important asset, it makes sense to engage our specialists to help determine loan quality and performance. As trusted advisors, we understand our banking clients’ needs and are mindful of the issues they face. At Condley & Company, we aim to help our clients work toward realizing their goals and aspirations by providing unbiased, complete financial guidance. We understand the importance of planning for the future.
Our Banking Services Group offers the professional knowledge and resources needed as you reach for new heights. Our team is highly qualified, responsive, and dependable. We examine your loan based on your specific needs, and perform the review on a quarterly, semi-annual, or annual basis or as a one-time event.
No matter what stage your bank is in, you must establish and maintain a system for objectively reviewing your operations. Through ongoing evaluation of your internal policies and processes, you maximize your ability to take advantage of growth opportunities. You also ensure you are operating in alignment with your strategic business plan. Condley & Company’s Banking Services Group will help you properly design, optimize, and monitor your critical processes, pointing you towards greater efficiency and profitability.
We will understand and address the issues that are specific to your bank size and structure. Our professionals are experienced in various process methodologies and know where to look for hidden value in your procedures, workflow, organization, human resources, internal controls, and various vendor relationships.
The Condley & Company banking services team will identify ways to improve your productivity and profitability while minimizing your exposure to risk, ultimately helping you better serve your clients. An investment in Condley & Company’s operational policy review can be the turning point for your bank, positioning you for long-term success.
Proper tax preparation and planning activities are critical to running a healthy bank and maximizing the potential of your wealth. Potential for significant savings could be hidden in your current tax strategy. To ensure optimal navigation of complex and ever-changing tax laws, it is crucial to work with knowledgeable, experienced, and responsive professionals. At Condley & Company, our Banking Services Group works closely with clients throughout the year to create innovative and customized solutions to minimize your tax burden.
At Condley & Company, our tax services exceed basic planning and preparation. We continually develop advanced tax strategies based on economic substance and sound business purpose to fulfill our clients’ needs. Our professionals focus on keeping our clients informed of new opportunities and challenges to help expand their growth and secure tax savings.
Our professionals can assist with the following services:
Directors’ Examinations can be an effective and efficient tool for banks to target specific procedures to be performed. Our team is available to assist you in meeting regulatory guidelines and providing directors’ examinations.