Testimonials |
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“FinPro does an exceptional job of using one set of financial projections to drive asset liability management, enterprise risk management, and strategic planning. Additionally, their regulatory expertise has been beneficial informing management and the board of emerging regulatory risks and providing mitigating strategies. FinPro continues to be a great partner to help us build organizational value.”
Ron Moccio | CFO | The First Bank of Greenwich
Ron Moccio | CFO | The First Bank of Greenwich
“As we considered the possibility of partnering with another institution we engaged FinPro Capital Advisors (FinPro) to evaluate possible options . Throughout the process FinPro educated our board on current valuations, the M&A process, and guided management during the due diligence process. At the conclusion of the engagement we had an executed merger agreement with a like-minded Bank and a deal that added significant shareholder value. FinPro was a great help through the entire process.”
Joe Greco | President & CEO | First Suffield Financial, Inc.
Joe Greco | President & CEO | First Suffield Financial, Inc.
"FinPro has always provided us with thought provoking conversations that have helped to move our bank forward. Their guidance has helped our bank grow, increase earnings and remain in good standing with our regulators."
Michael L. Worden | President & CEO | Honor Bank
Michael L. Worden | President & CEO | Honor Bank
“FinPro has proven to be an invaluable partner to MountainOne Bank. The principals truly understand the Community Banking industry, provide a wealth of expertise and resources,and help us develop strategies and execute in a very challenging environment. FinPro’s perspectives align well with our operating philosophies, thereby providing us with a trusted and valued partner.”
Robert J. Fraser | President & CEO | MountainOne
Robert J. Fraser | President & CEO | MountainOne
"Newtown Savings Bank has partnered with FinPro for over seven years and wholeheartedly endorses its services. Management views the partnership with FinPro as one of the Bank’s most valued and most important relationships. The FinPro team is thought-provoking, professional, and responsive to the Bank’s needs. NSB began by using FinPro to help with enterprise risk assessments and eventually outsourced ALCO reporting as well. FinPro’s deep regulatory experience and industry insights have also proved invaluable over the years. Lastly, NSB utilizes FinPro’s modeling capabilities in creating its capital plan, in preparing three-year forecasts, and in performing sensitivity testing and what-if analyses."
Bill McCarthy | SVP, Chief Financial Officer | Newtown Savings Bank
Bill McCarthy | SVP, Chief Financial Officer | Newtown Savings Bank
"Having been a client of FinPro for over 10 years, I have grown accustomed to relying on the firm’s strategic advice and technical skills, particularly in the areas of interest rate risk management and enterprise risk. FinPro wrote the business plan allowing our bank to change charters, become an SEC reporter and ultimately a publicly-held company. When I embarked on a new venture and began our de novo in western Massachusetts I naturally turned to FinPro for assistance, and my business partners who were not familiar with the firm quickly came to trust and appreciate FinPro’s capacity. Our team was well prepared and confident when dealing with regulators and investors for the new venture; I thank FinPro for helping our board and management team to be well trained and knowledgeable in all aspects of bank management."
Jeff Sullivan | New Valley Bank and Trust | President & CEO
Jeff Sullivan | New Valley Bank and Trust | President & CEO
"I have worked with FinPro for over 12 years. Scott Martorana been one of the most engaged professional I have had the pleasure of working with in my career. Over that time I have worked with other members of the team and always have an in-depth and interactive conversation on how to manage our institution with a best practice approach interwound with our strategic initiatives. I always feel our sessions raise the level of the discussion and feel Finpro is a big part of our success. When I moved to South Shore Bank and we needed help with ALCO my first call was to Scott and the Finpro Team. The team employs a collaborative end to end approach to ALM, covering topics such as data validation, assumption review, ad-hoc situational analyses and interest rate risk recommendations based on the current environment and our business objectives. Finpro helps keep us abreast of regulatory concerns and supervisory exam expectations. Our meetings are interactive with the business lines and discussions are encouraged."
James M Dunphy | President & CEO | South Shore Bank
James M Dunphy | President & CEO | South Shore Bank
"In 2016, we were looking for a consulting firm with experience in dealing with regulatory matters that can also help us in drawing a medium term strategic plan. We came across FinPro as an ideal firm for the job. The inputs provided and best practices suggested by them have helped us in improving our risk profile significantly over the years. Their ERM framework which is forward looking, has been very helpful in not only providing insights into the risks but also in drawing appropriate business strategies for maximizing shareholder value."
Rama Mohan Rao Amara | President & CEO | State Bank of India (California)
Rama Mohan Rao Amara | President & CEO | State Bank of India (California)
"Through their Partnership program, FinPro has become a trusted advisor that has guided our organization with its regulatory and strategic planning expertise. FinPro’s independent and unbiased approach has brought a tremendous amount of value to Amalgamated Bank and will continue to help us achieve our overall mission for both our customers and shareholders."
Keith Mestrich | President & CEO | Amalgamated Bank
Keith Mestrich | President & CEO | Amalgamated Bank
"FinPro provides outstanding support to BCB Community Bank, both on an ongoing basis and as we plan for the future. We rely on their variety of consultative services to help us manage our assets and operations and as we grow, both through mergers/acquisitions and organically, their strategic planning support proves invaluable."
Thomas M. Coughlin | President & CEO | BCB Community Bank
Thomas M. Coughlin | President & CEO | BCB Community Bank
"As President and CEO one of my primary goals is to develop strategies that improve the Bank's long term performance. By utilizing FinPro's Partnership Program I believe our Bank has gained a competitive advantage in the development of new strategies. Our Bank (founded in 1899) had only its main office and three branches until 1999, then things exploded. Through an IPO and with expansion over the last ten years our Bank has grown to eleven branches and has increased assets by more than 200%. All that growth brought fast changes to our Bank. It also brought the Bank into new markets and presented many new opportunities. The difference FinPro brings to our organization is a clear understanding of how a new strategy benefits the Bank and fits into our overall plans for growth and performance. Their recommendations are practical solutions that drive tangible results. With their assistance we have been able to improve from an average performance Bank to a high performance Bank. I would recommend FinPro without reservation."
Donald E. Gibson | President & CEO | The Bank of Greene County
Donald E. Gibson | President & CEO | The Bank of Greene County
"FinPro continues to play a crucial role in the continued success of our institution. Their strategic planning process provides our management team with executable strategies and goals, all designed to build value at our institution. In addition, their asset liability management service has provided us with the analytics necessary to proactively manage the Bank's interest rate risk position, allowing management to focus on building shareholder value."
Robert R. Chapman III | President & CEO | Bank of the James
Robert R. Chapman III | President & CEO | Bank of the James
"FinPro was able to skillfully guide our management team through the de novo approval process. The professionals at FinPro, led by our representative, Scott Martorana, delivered the experience, responsiveness, and competency that are the keys to obtaining a successful bank charter. As it happened, BlueRidge Bank was the only de novo bank charter approved in the state of Maryland in 2008. We were so impressed with FinPro that we joined their Partnership Program. Now we are able to rely on them as a resource and sounding board for a myriad of matters during critical stages of our bank's growth. As a result of their straightforward, practical advice, we consider FinPro a valued long-term partner."
Brian Gaeng | President & CEO | BlueRidge Bank
Brian Gaeng | President & CEO | BlueRidge Bank
"When we think of anything that would do with raising new capital, doing the analytical work on a prospective acquisition, or doing a Board Education seminar, we always know that the people at FinPro will be available to help us with a solution, or guide us in the right direction for that simple question, or the entire solution. They are always personable, and very responsive. I have never worked with a group that gets banking like they do."
Brad S. Elliott | Chairman & CEO | Equity Bank
Brad S. Elliott | Chairman & CEO | Equity Bank
"FinPro's ALM program has greatly reduced the bank's reporting burden ... We have been able to back test their projections with positive results."
Jeff Smith, | CFO | Millington Bank
Jeff Smith, | CFO | Millington Bank