In an effort to bring much need expertise to these lenders at a reasonable cost, Buckley has introduced a new concept

BANC Membership

Buckley Advisors has recognized a growing disparity in the ability of small to medium size banks, credit unions and mortgage bankers to keep pace with mounting regulatory requirements. In many cases, having internal compliance staff is not an option, or they are insufficiently staffed and overwhelmed by the complexity and scale of today’s regulations. Traditional consulting firms and third party compliance vendors offer an alternative, but these are either inadequate or too costly, leaving the lender exposed, over charged or both.

In an effort to bring much need expertise to these lenders at a reasonable cost, Buckley has introduced a new concept in Consulting Services—the Buckley Advisors Negotiated Consulting or BANC. BANC is a membership program; clients pay a nominal membership fee annually and can utilize services for a discounted flat fee. These services include:

a. Preparing policies and procedures to govern a lender’s operations.

b. Preparing Compliance Assessments

c. Conducting Process Improvement Analysis-Providing Six Sigma and Process Engineering/Re-engineering.

d. Executing Loan Origination System (LOS) Implementation

e. Conducting Agency/GSE Approval Assistance

Services are rendered on a completely confidential basis. The lower cost comes from sharing the savings in delivering these services across many members rather than a typical periodic consulting contract. Members have the advantage of knowing the Buckley Advisor’s team and its capabilities so time is not wasted in searching for solutions. In addition, members gain access to best practices that come from serving so many different members. In addition, clients may also take advantage of other services offered by Buckley Advisors at substantially discounted rates.