Financial Institutions

The Benefits of BSA Staff Augmentation for Banks

Financial Institutions face a unique set of challenges and responsibilities, especially within their Bank Secrecy Act (BSA) departments. An institution’s BSA/AML staff is the first line of compliance for AML…

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Banking on Fintech: Key Considerations for Banking as a Service (BaaS)

Over the last several years, technological advancements have transformed our lives, revolutionizing the way we connect, work and live. We leverage many applications on our phones and other devices to…

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Mercadien Announces Executive Promotions; Names Three New Partners

Princeton, NJ & Philadelphia, PA – Mercadien is pleased to announce several promotions within the firm’s corporate leadership team.  Ms. Melissa Correa, CRCM, a member of the Financial Institutions Services…

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Mercadien Celebrates 60 Years of Serving Our Clients & Community

Princeton, NJ & Philadelphia, PA – Mercadien, a leading accounting and advisory firm in New Jersey, is proud to announce its 60th anniversary of providing exceptional accounting, tax and advisory…

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Model Governance: How to Formalize the Program

As a small financial institution, you may not have formalized a comprehensive model risk governance program. Model governance refers to the framework and structure an institution establishes to oversee and…

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7 Ways to Enhance Your Compliance Function

Ensuring your bank’s compliance function is effective and meeting expectations is of the utmost importance to regulators. This is evident through the design of the examination process and creation of…

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10 Ways to Protect Your Institution During Uncertain Times

We’ve all read the shocking news of recent financial institution failures. We’re also well aware of quickly rising interest rates and volatility in the market. Regulatory scrutiny is coming, and…

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Mercadien Announces Executive Promotions; Names Three New Partners

Princeton, NJ & Philadelphia, PA – The Mercadien Group is pleased to announce several promotions within the firm’s corporate leadership team.  Ms. Bjondina Karpuzi, CPA, PSA, a member of the…

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Webinar Replay: Why You Should Validate Your CECL Model

Mercadien’s Financial Institutions Services Group hosted a complimentary webinar “Why You Should Validate Your CECL Model” Thursday May 12, 2022 from 1-2:30 PM.   Presenters Joseph Galdo, CPA, CAMS, CFE, CERP, Director…

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How Independent Loan Reviews Can Mitigate Risk to Your Institution

Banks and financial institutions rely on the insight from independent loan reviewers to uncover potential risks embedded in their loan portfolios. As part of standard practice, financial institutions engage independent…

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