Financial Institutions

The Bonadio Group (Bonadio) is a premier provider of accounting and auditing services to financial institutions. The recent addition to Bonadio of ParenteBeard’s Syracuse office increases and strengthens our audit and consulting presence in the financial institution industry. Our banking experts excel in audit, internal audit, and risk management and provide innovative services and strategic planning to banks, credit unions, finance companies, mortgage companies and broker-dealers. We have substantial experience assisting financial institutions with Sarbanes-Oxley, initial public offerings, private placements memorandums, FDICIA, and mergers and acquisitions. Our team of professionals includes former financial institution employees, individuals who currently serve financial institutions as auditors and consultants, information technology specialists, and internal auditors.  We have brought these professionals together to address the needs of our clients as a cohesive team, bringing our resources to bear in response to any situation that might arise. Bonadio Partners include many individuals with former Big 4 experience. Together these individuals have over 150 years of combined experience in serving SEC registrants including both 1933 and 1934 Act reporting and filing requirements. We believe that this represents a unique blend of expert skills focused on serving financial institutions.

As the regulatory landscape evolves, Bonadio’s financial industry team assists clients in effectively performing risk management while adapting to this changing environment. Our team’s core financial institution services include financial statement audits, IT audit and IT penetration testing, loan reviews, fraud investigations, compliance services, and bank and federal reserve regulatory filings. The service approach of our financial institution services team embraces the highest standards of our profession while simultaneously emphasizing proactive partner involvement, independence, and banking accounting industry expertise. Between Bonadio and our MSNA member firms, we currently provide services to hundreds of financial institutions—including SEC registrants—ranging in size from de novo status to $24 billion in total assets.