Community banks are under tremendous pressure to improve earnings, grow their balance sheets and manage risks...
(PRWEB) June 28, 2013
Austin Associates, LLC Managing Director and Principal Craig J. Mancinotti announced that Gerry J. Smith has joined the firm as Managing Director of its Western Region. Smith will spearhead delivery of the firm’s comprehensive range of community bank consulting services to financial institutions in the western United States, with an initial focus on Arizona, California, Nevada, New Mexico, Texas and Utah.
“Community banks are under tremendous pressure to improve earnings, grow their balance sheets and manage risks in an environment where scrutiny by customers, shareholders and regulators is more prevalent,” Mancinotti commented. “Gerry Smith has an extensive background and proven track record as a community bank CEO and director, and as an advisor to community banks throughout the western U.S. via his successful consulting practice,” Mancinotti added.
“Austin Associates is among a select number of community bank consulting firms to offer specialized services in investment banking, financial management, strategic consulting, risk management and technology solutions,” Smith said. “The Austin service platform will facilitate broadening existing client relationships in the western U.S. and establishing new clients that need assistance with highly complex challenges throughout their organizations,” Smith noted.
In addition to his community bank leadership and consulting experience, Smith has also served in financial management capacities with several regional banking companies. He earned a CPA certification and served as a senior staff auditor with a national accounting firm.
Austin Associates, LLC provides consulting services to community banks through five specialized practice areas encompassing investment banking, financial management, risk management, strategic consulting and technology solutions. Information about Austin Associates, its management team and services is available on its website at http://www.austinassociates.com.