Southeastern community bank worth just over $500 Million in assets contracted Peak Consulting’s Deposit consultant for a deposit charge off implementation project. Within this implementation of a charge off process the bank reviewed current manual deposit charge off processes and training was provided on the new automated process.
Strategy sessions were held to determine automated deposit charge off settings. Additionally, the consultant assisted with testing, validation and implementation as well as with creating updated procedures and reports for monitoring the new process going forward.
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