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Financial Institutions

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Who we serve
Frequently requested services
Services and experience
Merger and acquisition services

Links to regulatory and other sites

Our participation in industry groups
Free copy of the Community Banking Advisor
Who to contact for more information

Who we serve

AHP helps a number of financial institutions in the State of Michigan. These institutions range from small community banks to large nationally recognized bank holding companies to credit unions.

Frequently Requested Services

Outsourced internal audits
One area that financial institutions frequently ask us to perform is outsourced internal auditing. Why? Many financial institutions have found that outsourcing this function is cost-beneficial. The costs of maintaining a full-time internal audit staff, including training, employee turnover costs, and employee benefits may greatly exceed the value received. For more information on this service, see our Internal Audit section.

ACH audits
Another service that we are frequently asked to perform is ACH audits. We are available to either perform this service, work with your internal audit staff.

Services and Experience

We have benefited our financial institution clients most with the following services:

Accounting and Auditing related services:

Income tax related services:

  • Accounting for income taxes

  • Tax return preparation and planning

  • Assistance with current tax issues

  • Tax research

  • IRS examinations

Other services:

  • Technology systems reviews

  • Internet banking system reviews

  • Merger and acquisition services

Mergers and acquisitions services

Mergers and acquisitions often move rapidly - especially from the exploratory stages to fruition. AHP can lead the coordination of the entire process or provide services for individual components, such as:

  • Due diligence loan review

  • Due diligence review of deposits, human resources, and various other areas

  • Prepare pro-forma financial statements

  • Audit interim period financial statements

  • Tax and accounting assistance

Links to regulatory and other sites

Electronic Banking Safety and Soundness Examination Procedures (50 pp)
http://www.fdic.gov/regulations/information/electronic/elecbank.pdf
 

Electronic Banking
- Standards and Associated Risks (14 pp)
http://www.fdic.gov/regulations/safety/edmodules/ebanking.pdf

FDIC DOS Manual Of Examination Policies Electronic Banking, Section 4.6 (15 pp)
http://www.fdic.gov/regulations/safety/manual/00EBANK_main.htm  

FDIC FFIEC Information Systems Examination Handbook (31 chapters)
http://www.fdic.gov/regulations/information/information/index.html  

FDIC Examination Documentation (ED) Modules (reference to 35 different modules of which Electronic Banking is one)
http://www.fdic.gov/regulations/safety/edmodules/  

OCC - Internet Banking Page
http://www.occ.treas.gov/netbank/netbank.htm  

OCC - Internet Banking Comptroller's Handbook
http://www.occ.treas.gov/handbook/intbank.pdf  

OCC - Privacy Preparedness Questionnaire (3 pp)
http://www.occ.treas.gov/ftp/advisory/2001%2D2a.doc

 Our participation in industry groups

Andrews Hooper & Pavlik is a founding members of the Community Banking Advisory Network (CBAN), an organization dedicated to the delivery of superior quality services to community banks. CBAN helps its members stay informed on current developments in community banking and provides access to a nationwide network of industry specialists.

Kim Pavlik is a past president of the Community Banking Advisory Network. We also contribute to the  Community Banking Advisor, a quarterly publication distributed by the firm in association with the Community Banking Advisor Network described earlier.

This publication is intended to review and explain business, tax, and management issues that affect financial institutions. By keeping our clients informed of current developments, we are able to work together with client management and provide the right resources to meet their needs.

Free copy of the Community Banking Advisor

If you would like to receive a free copy of the Community Banking Advisor, please contact Randy Morse.

 
Who to contact for more information

Our firm has significant experience in providing specialized services to financial institutions. Through our membership in banking and other financial associations and various publications that are available to us, our other banking professionals continually educate themselves, increasing their awareness of what is happening in the financial community. This knowledge then becomes a value-added benefit to our financial institution clients. 

For more information, please contact:

Auburn Hills:  Roger Hitchcock
Bay City:  Randy Morse  
Grand Rapids: Stephen Miller or Eric Good
Greater Lansing:  Jeff Fineis or Mark Hooper
Saginaw:  Kim Pavlik, Randy Morse, Bill Mulders

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