Failed Bank Assumption SmartKit

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!

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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!