Featured Services

New Product Approval

Developed by Bob McCormack, this process will take new banking products from ideas to the customers. The purpose is to identify, mitigate and manage risks associated with new products/services or significant changes to existing products/services before being introduced. Call us today to see how we can help your bank!

BSA Audit

Compliance with the Bank Secrecy Act continues to be a regulatory "hot topic." Non-compliance can result in significant fines, penalties, and reduced regulatory ratings. The BSA/AML, OFAC, and USA PATRIOT Act annual audit is designed to determine whether your bank has established operating standards that ensure compliance with the regulations and to mitigate risk.

MAi Services

We've discovered that we can help banks in a variety of ways. Our services fall into these categories:

 

Lending Compliance

Our lending audit services will ensure your bank is in compliance with regulations and guidelines governing lending practices and disclosure procedures. We will ensure loan documentation aligns with evolving lending regulations.

Operations Compliance

The audits are designed to promote and ensure compliance with operations regulations.  Reviews verify policies, procedures, and practices adhere to regulations.
 

Planning

Sound planning processes will ensure that your bank outperforms the competition. All great businesses start with a plan, but it doesn’t happen on its own. We facilitate the strategic planning process and direct your bank through long-term financial, capital planning and budgeting. The planning process tests and validates strategic plan objectives and provide monitoring methodology.

Risk Management

This is the identification, quantification, and proactive management of risks. Banks need to evaluate and improve risk-management methodology and capabilities. We will work with management and the Board to help your bank comply with regulatory requirements, respond to noncompliance issues and offer direction in improving the bank’s processes. Services include: Asset/Liability Management, Enterprise Risk Management, Independent Review of Liquidity Risk Management Processes, and Independent Review of Interest Rate Risk Management Processes.
 

Internal Audits

A comprehensive internal audit program greatly reduces the risk of monetary loss due to fraud and embezzlement. Our internal audit services provide an independent assessment of your bank’s internal controls. This program is based on a comprehensive risk assessment and designed specifically for your bank to deter and detect irregularities, evaluate the effectiveness of administrative controls and procedures and evaluate the efficiency and quality of operations.

Consulting

Our diversified and experienced staff is available to assist your bank with special projects, regulatory issues, management and organization studies.
 

Training

We offer training for every employee of your bank, from the newest teller to the Board of Directors. We help your staff stay ahead of the regulation changes by preparing them with our Lending Training. We also provide one-on-one training if you have an employee new to an integral position or a compliance position. Training includes: Be-a-Banker Training, Directors Training, Fair Lending Training, Lending Compliance Training (current and upcoming changes), Management Training, Annual Required Training and Operations Compliance Training.

Auditor on Call

AOC is designed to assist our Audit and Compliance clients by offering telephone support for the latest regulations, trends and banking news.