Bank Smart
Failed Bank Assumption SmartKitSM
Being the winning bidder for a failed institution can be a fast and lucrative way to enhance your franchise, but pulling it off successfully can be a challenge!
Functional Categories
The Failed Bank Assumption SmartKit includes 16 categories of functional areas and over 560 action items that are critical to the success of every assumption, including:
- Accounting
- BSA/AML
- Compliance
- Corporate Information
- Deposit Operations
- Electronic Banking
- Facilities
- Finance
- Human Resources
- Information Technology
- Item Processing
- Lending
- Loan Servicing
- Marketing
- Regulatory
- Retail Operations
- And More!
Taking Control & Converting the Assumed Bank
The BankSmart team has a clear understanding of what it takes to successfully plan for and complete the failed bank assumption process. We have translated that knowledge into an innovative, web-based SmartKit that is both user-friendly and affordable.
Preparing your Team
The Failed Bank Assumption SmartKit will help your team plan for and complete the entire process faster and more smoothly, and your new customer’s first impressions with your bank will be more positive . . . resulting in happier “core” customers that will stay with your bank!
About Our SmartKitsSM
Each of our innovative SmartKitsSM includes clearly defined project plans, timelines, team member and vendor responsibilities, as well as functional activities required to complete your project.
The "best practices" content of each SmartKitSM are flexible and customizable enabling you to add or delete action items to best suit the needs of your insitituion.
To read about each SmartKitSM in detail click the following links: