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IBANYS Selects Wolf & Co. as Preferred Provider of Risk Management Services


Dec 20 - Wolf & Co., P.C., a CPA and business consulting firm, has announced that it has received the endorsement by IBANYS, of the company's risk management services. The services offered to member banks include IT "Preferred Provider" assurance and security, outsourced/co-sourced internal audit, regulatory compliance, and WolfPAC integrated risk management, a secure, Web-based enterprise risk management solution used to automate the identification of risks, threats and control gaps.

"We are very pleased to welcome Wolf & Company as our newest strategic partner," said Frank Capaldo, president and CEO of IBANYS. "Knowing that their risk management professionals are required to achieve industry-relevant certifications gives us confidence that when our members work with Wolf, they will be utilizing professionals who have seen the challenges before and know how to approach the issue. We feel that their 101-year history, dedication to the industry, and extensive experience in working with community-based financial institutions ensures that they can help our members successfully address their Risk Management challenges."

IBANYS represents the interest of independent community banks located throughout New York State. By receiving this endorsement, Wolf & Company will become a member of a select group of preferred providers chosen by IBANYS to service the needs of its bank membership.

About Wolf & Co., P.C.
Wolf & Co., P.C. ( Wolf & Co.'s financial institution practice is one of the largest in the Northeast, providing assurance, tax, risk management and business consulting services to more than 200 institutions. With a century of experience in financial institutions, we pride ourselves on unparalleled client service that includes direct involvement from our senior management combined with responsive service from our multi-disciplinary team. Our clients represent financial institutions from denovo community banks to large regional institutions facing unprecedented regulatory scrutiny. Through our collaborative service strategy, we understand our clients' challenges and opportunities and work with them to achieve their business goals while navigating potential obstacles.

About Independent Bankers Association of New York State
Founded in 1974 and located in Albany, the Independent Bankers Association of New York State ( exclusively represents the interest of independent community banks located throughout New York State. Community banks share a commitment to meeting the financial needs of their respective local communities. The association supports community bankers through representation in legislative and regulatory affairs, sponsors educational programs and services for its members and provides information about community banking to the public.