Credit Unions, Financial Services & Insurance
The BMSS Credit Union and Financial Services practice group serves credit unions, community banks, non-bank financial institutions, and insurance companies of all sizes. Financial institutions that work with BMSS have come to expect a unique level of service and support.
The professionals within our credit union and financial services practice group collectively have over 100 years of experience working with financial institutions and currently serve over 50 financial services clients.
We are committed to do everything we can to make your job easier and your financial institution more successful by providing you with hands-on involvement from experienced, knowledgeable professionals who will invest the time required to understand your financial institution.
BMSS focuses on ensuring that each team member is kept up to date with any new or developing regulatory issues. We utilize our understanding of the credit union and banking industries to provide you with insightful and constructive suggestions that can result in improved operations, management information, and operating and accounting procedures and controls.
Recognized as key thought leaders, our professionals believe in the importance of staying on top of trends, issues and regulations, the power of industry participation and are active in the League of Southeastern Credit Unions (LSCU) and the BDO Alliance Financial Institutions Group.
BMSS provides a comprehensive range of solutions to financial institutions including:
- Opinion audits, interim internal audits, supervisory committee audits, audits of internal controls
- Bank Secrecy Act compliance
- O.F.A.C compliance
- Loan evaluation and reviews
- Allowance for loan losses
- Merger and acquisition assistance
- Form 990 and Form 990-T compliance and other tax compliance issues and consulting
- Unrelated Business Income Tax (UBIT) planning
BMSS Credit Unions, Financial Services & Insurance Practice Group
Cynthia Hudson and her husband Neil have two children and are members of Saint Peter the Apostle Catholic Church. Originally from Sheffield, Alabama, Cynthia is a gradua... read more
“Barfield, Murphy, Shank & Smith knows our business and is one of the few firms that understands the way construction accounting is done. We’re proud to be charter clients.”