May 2015
Community Bank Succession Planning

 

About 8,000 baby boomers are now turning 65 years old every day, according to the AARP. Included among these retirees and those soon to retire are many community bank leaders. Unfortunately, many community banks haven't done much in the way of succession planning. As a result, a leadership crisis could be looming on the horizon in the community banking industry. Read more here...
Leveraged Lending: How to Underwrite Loans Using TEV

 

As the economy continues to improve and commercial loan volume rebounds, community banks are making an increased number of loans to service businesses such as medical practices, nursing homes and hotels. Lending to these types of businesses poses unique risks and requires a special type of underwriting. Community banks are being asked to consider total enterprise value, or TEV, when underwriting loans to service businesses. Read more here...
Mobile Banking Strategies

 

As smartphones have exploded in popularity in recent years, many banks have rushed to offer mobile banking services to take advantage of this technology trend. Customers have responded, as mobile banking is being adopted faster than online banking was a decade ago. Research has found that mobile banking customers tend to be more engaged with their bank than non-mobile customers.  Read more here...
The Whitlock Company is a full-service accounting firm offering a range of audit, tax, technology, risk management and consulting services to the community banking industry.

The experiences our professionals have gained from these relationships allow us to offer you best practice ideas on business issues specific to community banks.

We appreciate your referrals. If you know of a company, organization or individual who may benefit from our services, please let us know.

www.whitlockco.com / 417.881.0145
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