Financial Institutions

What Our Clients Are Saying

We are constantly looking at ways to have better management information and Witt Mares always has great ideas on how we can achieve that. We have been fairly limited in the past because our core system would not allow us to perform certain functions. Witt Mares has given the bank, its operations personnel and the chief financial officer advice on making a switch to a new core processor and with their assistance, we have made a good decision for the bank and are moving in the right direction.

A. Pierce Stone
Chairman, Board of Directors
Virginia Community Bank

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Financial Institutions


For more than 30 years, Witt Mares has provided accounting, tax, and advisory services for financial institutions. As one of our core industry specialties, financial institutions have been a foundation of our business.

Our Financial Institutions Team consists of highly experienced professionals, with deep industry knowledge and a commitment to providing exceptional client service. From start up de-novo institutions looking to grow, to more complex multi-billion dollar institutions looking for a higher level of expertise, we provide a full range of services.

Services

Witt Mares stands ready to serve financial institutions with the following services:

  • External Audit
  • Tax Compliance
  • SEC reporting
  • IT Assurance
  • Internal Audit
  • Regulatory Compliance

In addition to traditional services, Witt Mares offers financial institutions WolfPAC Integrated Risk Management®, a secure, on-line suite of risk management tools that incorporates elements of enterprise risk into a single integrated solution.  WolfPAC® provides a centralized view of your risk profile across your people, processes and technologies, decreasing risk exposure to save you time and money.

Click here to learn more about WolfPAC®. To request a complimentary demonstration, please contact a member of the Financial Institutions Team.

Issues & Perspectives

Risk Management – the Roof that Protects Your Organization

(As published in Inside Business)
Financial institutions – for right or wrong – have been directly tied to the systemic problems of the economic crash and subsequent Great Recession that followed. As a result banks and credit unions have had a renewed focus on effective risk management. More…

CUSOs’ Role in Collections

(As published in Credit Union Management)
In today’s economy, non-performing loans continue to be a critical issue for many credit unions. Non-performing loans combined with capital impairments in the corporate system have left many credit unions financially unstable, causing federal regulators to take over 15 credit unions because they were deemed not financially viable. More…

For more Issues & Perspectives, please click here.

Team Members