Artisan Advisors is now offering two great new tools that will help your bank and your clients survive – and thrive – in the COVID economy: the COVID-19 Assessment Readiness (CAR) Program and the Rapid Real Estate Loan Evaluation. Both were created by Artisan banking experts, to help community banks gain quick and reliable insight into their regulatory exam risks in a Covid-19 environment.
COVID Assessment Readiness (CAR) Program
Artisan’s CAR Program is a targeted two-to-three day review and report using Artisan’s unique CAMELS assessment approach. CAR will help you quickly understand where you have Covid-related regulatory examination risk and what additional steps your bank needs to take to mitigate that risk. CAR is particularly helpful as a “checkup” of your institution prior to an announced examination date. As we mentioned in our recent webinar “So, You Think You Are Ready?” we at Artisan anticipate regulatory examinations in 2021 will be much tougher as Covid continues to negatively affect the economy. For more information, contact Dan Kadolph at dkadolph@Artisan-Advisors.
Rapid Real Estate Loan Evaluation
Faster, simpler and more cost-efficient than an appraisal, Artisan’s Rapid Real Estate Loan Evaluation meets all regulations subject to “Interagency Guidelines, Appendix A.” Delivered in just 7-10 days for around half the cost of an appraisal, the final Loan Evaluation Report is a streamlined but detailed snapshot of real estate collateral that can be used for both credit decisions and loan portfolio risk management, which is especially important as the Covid economy continues to negatively affect real estate values. For more information, contact Ron Mercer at rmercer@Artisan-Advisors.
Artisan Advisors specializes in a range of strategic, organizational, and risk management services for community banks, including strategic planning, capital planning, profitability analysis and enhancement, liability and credit risk management, compliance consulting, loan review, due diligence, organizational efficiency analysis and executive management support. Led by founders and managing partners Jim Adkins and Jeff Voss, Artisan’s team of former bank CEOs, CFOs and compliance officers works closely with community banks to navigate their way to success in an increasingly complex operating and regulatory environment.
Click here to learn more about all the services Artisan Advisors provides.