Financial Institutions

INSPIRED TO KEEP YOUR FOCUS ON WHAT MATTERS

Take pressure off the day-to-day and gain more time for serving customers.

We see it every day—more regulations. More competition. More technology needs. Financial institutions are continually being asked to do more with the same resources. It’s the new normal for the industry, and it doesn’t seem to be going away anytime soon. Having a trusted advisor by your side can help you relieve that strain and put your attention back where it belongs—on your customers.

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A Simple, Smarter CECL Solution

The Eide Bailly CECL Solution offers an easy-to-implement, robust tool that can scale up with your needs. Utilizing a spreadsheet model that uses the vintage analysis methodology, the Eide Bailly CECL Solution requires minimal data points while still supporting complex loan portfolios with many risk pools. Tackle CECL with a fully customizable tool that your team can learn quickly.

Cybersecurity Risk Assessment

We are pleased to offer this risk assessment to assist your financial institution in measuring inherent risk and cybersecurity maturity. This questionnaire is designed to help your organization understand baseline requirements for mitigating cybersecurity risks and evaluate additional controls as your organization matures in size and complexity.

March 26, 2020

Article

Guidance for Financial Institutions in Light of COVID-19

Loan modification for customers is likely to happen as the impact of COVID-19 expands. Here's what regulators say about how to handle it.

March 22, 2020

Article

COVID-19 and Business Interruption Insurance: What You Need to Know

Many businesses in the United States and throughout the world are beginning to, if they haven’t already, feel the effect of the coronavirus (COVID-19). Among the impacts of COVID-19 is potential loss of business income due to closings and additional …

March 19, 2020

Article

How to Recover Your Data After a Cyberattack

When dealing with the frustration of a cyberattack, there are many aspects to consider in the recovery period.

March 15, 2020

Article

The Relationship Between Forensic Accounting & Cybersecurity

Forensic accountants and cybersecurity professionals help clients uncover facts and recover from breaches, but they can also help mitigate risk to prevent them from happening in the first place.

March 15, 2020

Article

FDIC Expectations on Ag Lending in Today's Environment

The FDIC recently released guidance on agricultural lending that will likely FIL will set regulatory expectations for agricultural lending over the next 12 - 24 month examination cycle. We’ve broken it down here.