Testimonials

“Putting together a business plan for a bank initiating its first stock offering is no easy task.  The plan has to hang together as a solid piece of strategic planning as well as meet applicable regulatory requirements. FinPro made the process quick and painless for United Bank.  They worked with us to analyze the environment and then put OUR strategic directions and business assumptions into a framework that worked for us as well as the regulators.  Actually working the numbers involved only a couple of meetings with our senior management team and the FinPro consultants. FinPro's unmatched modeling capability helped us see instantly what the impact of our business assumptions would be on the overall plan.  We could test and revise as necessary in real time and we soon found a combination of strategies that met our business needs and those of the regulators as well.  Our board was delighted with the result. We intend to work with FinPro on other projects in the future.”
Richard Collins, President & CEO, United Bank

“FinPro has played an instrumental role in the development of Bank of Georgetown. From the outset, the FinPro team has contributed their broad experience and considerable knowledge in support to our efforts. In fact, their level of service is exactly the type of relationship-based service we, as a community based bank, hope to provide our clients!”
Michael P. Fitzgerald, President & CEO, Bank of Georgetown

“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 Savings Bank

“The professionals at FinPro have been with us every step of the way in the de novo process.  Don Musso and his staff possess a great combination of ‘real world’ experience and financial expertise.  They are responsive, dependable and an important part of the team.”
Douglas Church, Chairman & CEO, Virginia Heritage 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

“Filing for a charter for a new bank is not an easy task. It requires extensive analysis of the business plan and the underlying assumptions to insure that the proposed bank will have a high probability of success. The analysts at FinPro have the background and level of professionalism that are required to assist in the preparation of a realistic business plan. We developed our plan working closely with FinPro which streamlined the development process and helped us get to a business plan that we feel provides an effective road map for us to reach our objective. On a personal level, I have been in the financial services business for over thirty years, having extensive background at the executive level and in performing and reviewing analysis. I found that the professionals at FinPro were some of the most knowledgeable and effective business analysts that I have worked with during my career.”
Richard T. Powers, President & CEO, Esquire Bank

“In just one year our first Bank branch received over $41.0 M in new deposits.  Thank you to FinPro for their help in selecting the first branch location and their strategies for growing the Bank.”
Stephen S. Laine, President & CEO, First BankAmericano

“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

“FinPro has been a valued consultant to my Bank since its inception. The depth and breadth of their resources as well as the quality of their quantitative analysis has added value not only to our shareholders, but also to our franchise.”
Donald Mindiak, President & CEO, Bayonne Community Bank

“FinPro’s Quarterly Performance Report provides our Board with clear, concise and easy to understand information. Because they helped focus our Board’s attention on the critical financial information - while providing them with industry trend analysis coupled with regulatory insight - FinPro has become a regular part of our annual planning process. In fact, FinPro has facilitated the last two strategic planning sessions with our Bank and our Board couldn’t be happier.”
D. Russell Taylor, President & CEO, RSIbank

"The Southbridge Credit Union contracted with FinPro in the fall of 2003 to facilitate the drafting and implementation of a five year business plan. FinPro provided the expertise and professionalism that guided our Directors and Management through the process. They met with staff to establish goals, facilitated a two day planning session with the Board, drafted minutes of the meetings, and provided a final draft of the business plan. We are very pleased with the results of the process and FinPro will continue to facilitate annual meetings to enhance and extend the plan. FinPro also provides quarterly progress reports, updating our data and analyzing selected peer group performance. FinPro was also instrumental in an analysis of potential markets for possible branching opportunities. Their research was thorough and multi-faceted, analyzing various demographic information. The report provided was of great assistance in our determining future growth opportunities. Based on our experience with FinPro in strategic planning and branch feasibility studies, we highly recommend them for your consideration."
Thomas J. Smalarz, President & CEO, Southbridge Credit Union

"FinPro has played a major role in our strategic plan initiatives, branch site selections, and more recently an IPO that raised 83 million in capital. They are knowledgeable, dependable and very responsive. They play a major role in our short and long term goals."
Joseph F. Jeamel, Executive Vice President, Rockville Bank

"FinPro has been a valuable planning resource. We first utilized FinPro in 2004 to assist us in the development of our business plan in connection with our Mutual Holding company conversion. Since that time Fin Pro has assisted us in the development and updating of our business plan, providing us with a roadmap for our growth. FinPro’s quarterly performance report provides us with an effective gauge for our performance. FinPro has responded quickly to our requests for branch site analysis and has provided valuable input regarding capital utilization"
John Roman, President & CEO, Naugatuck Savings and Loan

"FinPro has been an incredible resource for Indus American Bank. We have used them to put together our initial business plan and an updated plan for growth. We are so pleased to work with such a resourceful, responsible and professional team. They are part of our team to take our bank to the next level"
Anil Bansal, Co-Chairman, Indus American Bank

"We have worked with FinPro since we decided to convert from a credit union to a thrift in 1998. They helped us clear all the regulatory hurdles of our conversion from credit union to mutual and from mutual to stock form. Their understanding of the thrift industry and the requirements of the Office of Thrift Supervision were invaluable, and their assistance in preparation of our business plans and market demographic studies have played a big part in the continued growth and success of the bank. They are true professionals who take the time to learn the needs of their clients and figure out ways to meet those needs"
Herb Moltzan, President & CEO, BUCS Federal Bank

"The De Novo process requires a combination of numerous abilities and no one individual has the expertise required for every facet of the process. We opted to retain the services of FinPro to assist us with developing a business plan, conducting a marketing study, guiding us through the regulatory approval process and many other projects. Their assistance from the beginning of the engagement until we opened our doors was invaluable. I found every member of their staff to be knowledgeable, professional and courteous. If I were ever going to undertake the formation of another De Novo, I would engage the services of FinPro again.”
Peter Kenny, President & CEO, Heritage Community Bank

"FinPro has made a major difference in our philosophy and has provided us with specific and detailed data. They are straightforward and do not mind challenging our assumptions and ideas. We have an ambitious timeline and FinPro has kept us on track, on budget and focused on the nuts and bolts. We are hoping to carve out a market niche focused on the Latino and Asian markets and FinPro has never stopped providing us with useful information on how to approach the market. I look forward to working with them for a very long time."
Pedro Arce, President & CEO, Veritas Bank (in formation)

"FinPro helped bring together our business plan for our charter application and IPO, from the beginning they provided insight and direction on our strategic plan. The depth of knowledge was invaluable throughout the process, along with the ability to update our assumptions in real time. I consider Finpro an important member of our team."
James M. Dunphy, President & CEO, Hampshire First Bank (in formation)

"We have used the professionals at FinPro to perform a variety of services for our bank. They helped us formulate and implement our strategic plan, which has proved to be a valuable tool in guiding our operations. They also provided us with very thorough and clear market analytics and advice to help us decide on a location for our recently opened branch, which is growing faster than we anticipated. I have always found FinPro staff to be professional and responsive to our needs and their services have helped our Bank significantly. We look forward to an ongoing relationship with them."
Kenneth V. Pierog, Chairman, President & CEO, Hyde Park Savings Bank

"FinPro has been a strong, supporting, strategic partner of First Brandon National Bank for over 3 years. During this time they helped the Bank achieve greater shareholder value through a number of strategies - from earnings improvements to ultimately a strategic decision to sell the Bank. Our experience with FinPro has always shown them to be professional and personable. Their responsiveness and assistance has been phenomenal!"
Scott Cooper, President & CEO, First Brandon National Bank

"Two conversions in less than three years! It took a lot of hard work and the assistance of several great firms. One of those was FinPro, who provided our appraisal and our business plan. Their work was excellent, and we immediately called them when the Board decided to go to step two. Again, FinPros’s dedication and work paid off as we successfully converted to a full stock company in January of 2007. We felt our conversion process went smoothly and the results were what we had anticipated. FinPro deserves a lot of the credit for a successful conversion. "
Mark White, President & CEO, Osage Federal Bank