Financial Services

BKD Financial Services Group provides solutions beyond the numbers for more than 1,200 financial institutions, ranging in asset size from de novo banks to large multi-billion dollar institutions. Our clients include community banks, savings institutions, holding companies, credit unions, investment firms and other financial and lending organizations.

Our Financial Alert newsletter provides management, regulatory and operations information.

Financial Services Brochure

Selected Published Articles:

FDIC Proposes Amendments for Annual Independent Audits, February 2008

Banks Trip Up on E-SIGN’s Electronic Consents, February 2008

The Lessons of Fraud, March/April 2007

BKD Financial Services Group Webcast Series

For additional information or to register for these informative one-hour webcasts, please click here.

Outsourcing

Outsourcing some of your internal business processes can improve efficiency and quality while reducing operating costs and allowing you to concentrate on your core business competencies. Through a cost/benefit analysis, we can identify which functions among the following may be candidates for outsourcing in your institution.

Internal audits, including risk assessments
Regulatory compliance
Loan reviews
Section 404 documentation and testing
Fixed asset administration
Internal control and fraud control reviews
Employee benefit plan administration
Operations reviews

Information Security

How confident are you that your information systems are secure? The Gramm-Leach-Bliley Act made information security a regulatory issue, but the popularity of electronic banking and concerns about identity theft, computer viruses and other threats have made it a business issue. Both call for a comprehensive, ongoing security program. BKD Risk Management Group offers a suite of services that can help your institution develop, implement and maintain such a program. Our services include:

IT governance
Risk & security assessments
IT policy development & consulting
IT audits and control reviews
Network reviews
Penetration testing
Social engineering
Disaster recovery and business continuity planning

Growth Enhancement

Restructuring to enhance growth, profitability and strategic positioning requires extensive planning and analysis. BKD Financial Services Group can help you address the tax, due diligence, regulatory and marketing issues related to such changes.

Together, with our BKD Corporate Finance, LLC corporate finance subsidiary, we can help enhance the value of financial institutions through Bank Earnings Alliance, market to potential buyers or sellers, perform due diligence and help manage the selling process to boost shareholder value. Look for timely bank merger updates and bank and thrift stocksheets at www.bkdcorporatefinance.com. We can also help with:

Simply put, BKD knows our business. They provide outstanding personal attention and have the necessary resources to handle our concerns.

— Don Schenkel, Chairman & CEO
Tower Bank
Fort Wayne, Indiana

Strategic planning
Mergers and acquisitions,
including due diligence services
Holding company formations
Stock conversions
Initial public offerings
De novo services

Tax & Financial Reporting

BKD Financial Services Group goes beyond your numbers to help you analyze and understand your financial statements and find legitimate ways to lower your tax burden. Our solutions include:

Assurance services, including audits, reviews and compilations
Section 404 compliance
Prospective financial statements
Internal audit and internal control assistance
Operating and capital budgets
Tax planning and transaction structuring
Real estate cost segregation studies
Accounting method changes
Investment strategies through BKD Wealth Advisors, LLC

For More Information

Contact your BKD advisor or:

Don Hutson
BKD Financial Services Group Leader
800.783.8515

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