Banking

Banking evolves fast, but so do we. That’s why more than 150 institutions rely on us for audits, SEC reporting, taxation, and compliance.

If you’re interested in making your institution stronger and wiser, our Banking team delivers personal attention, industry experience, and a range of services to support your goals. How can we help you?

Audit services
Analytical review procedures
Employee Benefit Plan Audits
Federal Home Loan Bank (FHLB) agreed upon procedures
System & Organization Controls (SOC) Reporting

Allowance for loan loss model validation
Bank Secrecy Act (BSA) / Anti-Money Laundering (AML) model validation
ACH audits
Outsourced internal audits
Regulatory compliance audits
External loan reviews
Internal controls evaluations
Interest rate risk and liquidity testing
Loan portfolio stress test
Trust reviews
Risk assessments
Information technology internal audits
Information security reviews
Valuation services

Taking Out the Laundry: Fight money laundering with visual analytics

Money laundering is an insidious and ever-present issue for community banks. Rapidly advancing technology enables…

Opportunity Zones: Can your bank benefit?

The Opportunity Zone program, created by the Tax Cuts and Jobs Act of 2017, provides…

elliott davis accounting services industry mailing list

Financial institutions prepare for the far-reaching effects of CECL

Since being introduced in 2016, the Financial Accounting Standards Board’s revised standard on accounting for…

Community Banking Advisor: Vendor Risk Management: Time to Review Your Program

For many years, banks have relied on third-party vendors for a range of services, including…

Community Banking Advisor: Non-Interest Income Can Keep Your Bank on Course

Banks have to withstand the ups, downs, ins, and outs of dozens of variables that…

Community Banking Advisor: Fed Launches New Consumer Compliance Publication

Many banks continue to struggle with the complexities of consumer protection regulations such as the…

Elliott Davis Events

Dec 03

Financial Services Group Virginia Community Banking Forum

Our Community Banking Forums are designed to provide up-to-date information on accounting, risk management, tax law changes, the economy, legal, and other industry hot topics. The forums are designed for a variety of community banking professionals including CEOs, CFOs, internal auditors, compliance officers, and audit committee members, among others. Timely and informative, the forums will…

Virginia Bankers Association Campus8:00 am - 5:00 pm

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Dec 10