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Testimonials

"FinPro has been a trusted advisor and a part of our team since our bank was formed. The entire FinPro organization brings talent, perseverance and a 'can do' spirit to help in guiding our course. We are proud and thankful to have such a partner, as we navigate through some of the stormiest seas in this financial maelstrom.... FinPro has been an integral part of our mission to always be "A Better Place To Be." 

Frank Sorrentino III, Chairman & CEO, ConnectOne Bank
"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
"As President and CEO one of my primary goals is to develop strategies that improve the Bank's long term performance. By utilizing FinPro's Partnership Program I believe our Bank has gained a competitive advantage in the development of new strategies. Our Bank (founded in 1899) had only its main office and three branches until 1999, then things exploded. Through an IPO and with expansion over the last ten years our Bank has grown to eleven branches and has increased assets by more than 200%. All that growth brought fast changes to our Bank. It also brought the Bank into new markets and presented many new opportunities. The difference FinPro brings to our organization is a clear understanding of how a new strategy benefits the Bank and fits into our overall plans for growth and performance. Their recommendations are practical solutions that drive tangible results. With their assistance we have been able to improve from an average performance Bank to a high performance Bank. I would recommend FinPro without reservation." 

Donald E. Gibson, President & CEO, The Bank of Greene County
"The financial industry is as demanding today as ever in my 30 years in this business. With the demands of growing a diverse banking platform we count on FinPro as a best in class advisor. The FinPro team has made a significant contribution across important aspects of our company's policy creation, financial modeling and regulatory relationships. FinPro is a quality partner and shares in our success." 

Daniel M. Healy, CEO, Florida Community 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 was able to skillfully guide our management team through the de novo approval process. The professionals at FinPro, led by our representative, Scott Martorana, delivered the experience, responsiveness, and competency that are the keys to obtaining a successful bank charter. As it happened, BlueRidge Bank was the only de novo bank charter approved in the state of Maryland in 2008. We were so impressed with FinPro that we joined their Partnership Program. Now we are able to rely on them as a resource and sounding board for a myriad of matters during critical stages of our bank's growth. As a result of their straightforward, practical advice, we consider FinPro a valued long-term partner."

Brian Gaeng, President & CEO, BlueRidge Bank
"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
"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 roadmap 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
"We started our planning and application process before retaining the services of FinPro thinking we could do it all in-house. It became abundantly clear quickly that we needed professional help and guidance. FinPro not only provided that guidance, but did so quickly, thoroughly and professionally. Our representative knew exactly what was needed and in the proper format expected by our regulators. After interviewing management and understanding our unique objectives, it seemed like almost no time before we had detailed projections and application materials. More importantly now that we are in business, we feel very comfortable partnering with FinPro on an ongoing basis and relying on them for knowledgeable and experienced perspectives on a whole host of banking issues. We very much consider them part of our team."

William B. Young, Chief Executive Officer, Virginia Partners Bank
"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
"We were referred to FinPro by our legal counsel and never regretted the decision to engage them. From the beginning, FinPro was very proactive and helped take us through a complex mutual to stock conversion process during the financial crisis of 2008 – 2009. Despite the time difference between Hawaii and the East coast, FinPro was always able to meet our tight deadlines caused in part by the uncertainty in the marketplace and regulatory environment."

Allan S. Kitagawa, President & CEO, Territorial Bancorp Inc.
“From our May 17, 2012 quarterly economic webinar: [I] want to concur that the session organization, topics, presenters and speed of meeting were great and very insightful. [We] had a lot of good take-aways from the meeting to use at next week’s ALCO, ERMC and Board meetings. Hearing from Greene County Bank was spot on and will very much benefit [the bank] as I get the message out to other senior management at the bank [to] ‘plan your work with good analysis and work your plan over the short and long term.’ What is key from [the FinPro] team is that banking is made up a different financial levers and the balancing of the levers. Too many bankers pull too hard on one and all of the rest go out of balance, which translates into negative situations that sometimes take years to fix and are costly. [This] reminds me of the days at Prestige Bank – we listened to [FinPro] and were able to move value from ~ $6.5 per share to ~$14 per share in 13 months. Strategies do work with key strategic planning, great predictive modeling, taking detailed actions and having strong partners with the tools and bench strength. Thanks for the help of [the FinPro] team, they definitely work to keep us out of trouble and proactively prepare."

Mark Schoen, Chief Financial and Risk Officer, NexTier Bank
"Since  the opening of our company in 1999 we’ve used numerous consulting firms, that frankly, took a nice pay check and left us with little or no added value for our company.  From the day we met the FinPro team they have proven to be quite the opposite.  Our partnership with them has been extremely beneficial to the First Reliance Bank team, our Directors and me.  They have offered tremendous value to our company as we navigate our way through this recession, and position our company to be a market leader in the new era of banking to come.  I have found their services to be superior to other firms which we have used in the past.  As a CEO, it’s often challenging to find someone to  bounce ideas and  strategy off of, so it’s quite reassuring to lean on them for advice and/or confirmation, which they do in a confident, timely and professional manner. I am looking forward to the years ahead as our company continues to grow, while having FinPro as a strategic partner."

F.R. (Rick) Saunders, Jr., CEO/President, First Reliance Bank

"We started using FinPro for ALCO services.  In short order, after experiencing the depth and dedication of their staff, we signed a multi-year “Partner Agreement” which expanded the scope of their services to include: Strategic Planning, Enterprise-Wide Risk Management (ERM), Stress Testing, Investment Advisory and Capital Planning. In addition to these services, which are performed with the utmost professionalism, expertise and commitment, FinPro is a constant source of cutting edge information related to the financial services industry.  FinPro epitomizes what a “Partner” should be."  

Gregory A. White, Executive Vice President/CFO, Farmington Bank