Banking and Financial Institutions

Proactive Solutions for Industry Challenges

We understand that financial institutions today face increased challenges, regulation, and scrutiny. Our understanding of the industry provides a sound foundation which translates to opportunities.

Banking and accounting are both relationship businesses – successful when creating, fostering and cultivating relationships with clients and referral sources. Like our financial institution clients, we appeal to clients that seek the resources and experience of a large accounting firm, but expect the service level of a local community organization.

Herbein’s financial services team has served banks with distinction for more than 25 years. We believe that to provide outstanding service to our clients, we must know as much about their business and industry as possible, and we will continue to do so. We have extensive experience in performing audit, tax, collateral field exams and other services for the financial services industry. We are currently the Auditor and Tax Accountants for Federal and State chartered community banks, SEC-regulated licensed broker-dealers, and State and SEC registered investment advisory firms.

Our services for financial institutions include:

  • Loan File Reviews
  • Collateral/ABL Field Examinations
  • Financial Statement Audits
  • Financial Reporting
  • Compliance Reviews
  • Due Diligence
  • Mergers/ Acquisitions
  • Sarbanes-Oxley Testing
  • Internal Control Evaluation
  • Branch Profitability Analysis
  • Tax Planning and Preparation
  • Trust Examinations
  • Trust Account Tax Preparation