Avidiant Consulting Group, a leader in providing business consulting services for mid-cap to start up companies and financial institutions, based in Dallas, TX, today announced a full set of financial consulting services to credit unions.
"Our team at Avidiant Consulting Group honors the historic and continued focus credit unions place on service to their members. With that in mind, we have created a package of financial consulting services designed to help credit unions deal with the special challenges they face during this time of economic distress," said principal, Christopher Garcia. "The crash of the US housing bubble along with a deteriorating labor market have brought on big challenges to credit unions where loan elinquencies, bankruptcies, repossessions and loan charge-offs are at an all time high."
Avidiant's new credit union consulting offer credit unions full service risk management services along with strategic planning, management consulting and regulatory compliance.
One of the key components offered to credit unions is a full loan review audit process. The review evaluates the credit unions lending policies, procedures, and quality control activities. Avidiant Consulting Group's team looks for any significant credit quality issues as well implementing a strategy for conducting the loan review.
Areas to be considered in the credit administration assessment include:
-- Loan authorities and the approval process
-- Loan underwriting and the credit analysis function
-- Loan documentation standards and systems
-- Internal loan grading systems
-- Delinquency reporting and collection efforts
Avidiant Consulting Group's approach is to develop and maintain integrated financial and accounting systems, directing, managing, and providing policy guidance for all financial personnel, activities and operations.
Avidiant is comprised of the very best of breed talents from top accounting, business consulting, and financial service firms with a track record of working together who all share the same philosophy of building relationships with our clients and at the same time providing unprecedented value. Our goal is to work toward our client's needs by providing specialized consulting teams to resolve issues companies and financial institutions face in today's market.
Please visit our Media Center at http://www.avidiantllc.com/pages/newsroom.html.
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