Banking/Financial Institutions
Regulatory obligations. Risk management. Tax compliance and planning.
With more than 80 years of experience serving financial institutions across the country, we develop solutions to assist financial institutions in today’s challenging economic environment. From accounting and tax to specialized risk management and consulting services, our industry specialists serve banks and savings institutions, trust organizations, credit unions, mortgage companies, and finance and leasing companies.
Upcoming events
2013 McGladrey Supervisory Committee and Directors Conference
9/19-20/2013 - San Diego, CA
Most Popular Insights
A Review of the Florida International Bankers Association 13th annual Anti-Money Laundering (AML) Compliance Conference
The Anti-Money Laundering (AML) Compliance Conference hosted by Florida International Bankers Association (FIBA) has for the last thirteen years highlighted trends in compliance and offered international banks insight into protecting their operations. This year's conference featured numerous insightful sessions. Several of which are revisited in this conference review.
How should your institution respond to the Dodd-Frank regulatory deluge?
How a compliance knowledge management center can position your bank to succeed in today’s difficult regulatory environment
Audit Committee Guide for Financial Institutions
The regulatory environment for financial institutions has never been more complex or more volatile. The Audit Committee Guide for Financial Institutions offers a roadmap for oversight in an unprecedented regulatory environment. As a leading financial institution advisors, McGladrey offers deep insight into the ramifications of today’s flood of regulation and its affect on both your organization and your audit committee’s responsibilities.
FASB releases financial instruments recognition and measurement exposure draft
The proposal would result in more financial assets being accounted for at fair value with changes in fair value recognized in net income and would also provide a new and comprehensive recognition and measurement model for financial instruments.
2013 raises key capital raising questions for banks webcast
Join McGladrey, Barack Ferrazzano and Raymond James for an overview of key capital raising issues facing banks today as they consider acquisitions, balance sheets and TARP obligations. 1/22/2013
Identifying loan process enhancements to contain costs
and enhance revenue
Financial institutions are under ongoing pressure to control operating costs while meeting strategic and operational goals. Often, a comprehensive assessment of existing processes can help identify opportunities within the lending process to eliminate unnecessary expense and improve results.
Loan Participations: Risk management and accounting considerations
As a financial institution, it’s likely you frequently receive loan requests that exceed your willingness or capacity to lend. These requests are often handled through shared lending, otherwise known as loan participations. This white paper discusses risk mitigation, accounting for sales of participating interests, and other considerations for a financial institution participating in shared lending.
How the updated FFIEC guidance on Internet banking security affects your credit union
We address the "need to know" issues raised in the June 2011 FFIEC supplement to the 2005 Authentication in an Internet Banking Environment, including those associated with risk assessments, layered security controls, member awareness and education, and preparation for your next regulatory examination.
Troubled debt restructuring: Not just an accountant’s problem
Have you evaluated if your credit union is adequately addressing the slew of risks involved with impaired loans? Internal control considerations must be addressed before they become a problem.
Creating a culture of integrity is the cornerstone of fraud prevention
Financial institutions must focus beyond hard controls and emphasize every employee’s responsibility to detect and report fraud.
Wire fraud and identity theft: Risks and prevention for banks
and consumers
While much attention is paid to the cost of identity theft for individual victims, management of financial institutions should consider their responsibilities and the impact such crimes have on their banks. This white paper looks at identify theft as well as wire fraud and outlines challenges and offers some insight into risk reduction techniques for both banks and their customers.
IT assessment reinforces bank's disaster recovery and business continuity capabilities
State Bank of Countryside experienced significant improvements to its business continuity and disaster recovery plan, exceeding FDIC regulations to provide a secure environment for customer assets.
McGladrey IT-Vision℠ helps bank achieve IT consistency and increased service quality for customers
C US Bank increased customer and employee satisfaction by providing consistent service, improved flexibility and better business alignment by leveraging McGladrey IT-Vision.
McGladrey IT-Vision improves financial institution's network stability, efficiency and regulatory exam results
McGladrey IT-Vision provided Goppert Financial with a more dependable and efficient network and ultimately increased productivity and security.
Bank board goes paperless; experiences enhanced communication and cost and labor savings
Emerging technologies and a mobile platform enable the board of directors to view meeting packets electronically while increasing security and decreasing expenses and paper usage.
Using key risk indicators to recover, improve or maintain
institutional performance
In the midst of the economic downturn, financial institutions—particularly community banks—must identify and implement key risk indicators to help mitigate emerging risks that threaten performance.
Critical Questions and Answers to Issues Facing Banks Today
Find answers to the questions that keep bank executives up at night to help improve performance, effectively and efficiently comply with regulatory issues and uncover hidden opportunities for growth.
NCUA Releases Risk Alert to Address Security Incident Prevention
and Detection
The National Credit Union Administration (NCUA) recently issued a Regulatory Alert to federally insured credit unions following recent security breaches involving unauthorized access. The guidance provides information regarding the review and augmentation of risk management practices in order to protect and secure member information.
How will the PCI DSS impact your financial institution?
Find out how your organization will be impacted by the standard, hint - it’s not just your IT department, and common challenges financial institutions experience with achieving compliance.
The Trouble With Mergers: Tax Concerns Within the Banking Industry
There are three types of statutory mergers that are prevalent within the banking industry. Find out how to mitigate tax concerns associated with each that could lead to trouble.
Information Technology Risk Management for Financial Institutions
The burden on financial institution IT systems has significantly increased due to heightened regulatory demands and a growing number of internal and external risks. How you manage threats, as well as system flexibility and responsiveness, are critical factors in the continuing health of your institution.
Dodd-Frank Act Details Impending Changes for Financial Institutions
The Dodd-Frank Wall Street Reform and Consumer Protection Act increases federal oversight to discourage high-risk behavior by institutions and protect against a repeat of recent financial turmoil. See what effects — both positive and negative — the act could have on your institution.
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