Young & Associates, Inc.

Over the past year and a half, we have welcomed several talented individuals to Young & Associates, and we couldn’t be more excited about the expertise, passion, and fresh perspectives they bring. ?? Meet Clarissa Sinchak, Director of Human Resources. Clarissa is responsible for aligning HR initiatives to the current and future needs of the business units of Y&A. Her role is to guide the organization through policy, process, and systems changes while leveraging improvements to process, HRIS technology, employee education, and employee engagement. ?? Meet Nicole Conrad, Director of Marketing. Nicole leads the strategic planning and execution of all marketing initiatives. With a focus on driving growth and fostering community impact, Nicole employs data-driven approaches to effectively communicate the value of Y&A’s products and services to community financial institutions. ?? Meet Linda Fisher, Senior Consultant in the Lending and Loan Services Department. ?Leveraging over three decades of experience in banking and commercial real estate, Linda brings a comprehensive skill set to Y&A. With a deep-rooted understanding of regional and community bank lending, Linda possesses a diverse skill set encompassing an array of proficiencies, including commercial underwriting, loan review, credit administration, and policy development. ?? Meet Noah Lennon, Information Technology Consultant. Noah is an IT expert at Y&A and is responsible for providing comprehensive IT consulting services to our clients. His areas of expertise include conducting IT audits and carrying out network vulnerability assessments. ?? Meet Karley Anderson, Associate Consultant & Lending Administrator. Karley plays a pivotal role in facilitating smooth operations within the Loan Review department. She is instrumental in assisting staff by meticulously preparing and organizing data, as well as generating comprehensive reports for both clients and internal stakeholders. ?? Meet Peggy Hoskins, Compliance Consultant. Peggy specializes in Deposit and Lending Compliance, the Bank Secrecy Act (BSA), and Fair Lending, and has a proven track record of excellence in regulatory compliance and operational leadership. Peggy is a devoted mother of two girls and a proud Mimi of two grandsons. ?? Meet Diane Krause, Compliance Consultant. Diane specializes in helping banks navigate regulatory challenges by conducting in-depth compliance reviews and delivering expert insights to support their adherence to complex regulations. From all areas within Y&A, our newest team members are already making a huge impact, and we look forward to the continued success and innovation they’ll bring in years to come. Please join us in giving them a warm welcome and stay tuned for more exciting things ahead!

We proudly honor the courage, sacrifice, and unwavering commitment of our nation’s veterans. Today, and every day, we are deeply grateful for the men and women who have served in our armed forces, protecting the freedoms and values we hold dear. As we recognize Veterans Day, we also acknowledge the important contributions veterans make in their communities, workplaces, and beyond. Their leadership, resilience, and dedication inspire us all to strive for excellence in our work and service to others. To all veterans, thank you for your service and sacrifice. We honor your dedication and are proud to stand with you in gratitude and respect. #VeteransDay #Gratitude #ThankYou

We’re excited to share the upcoming issue of the 90-Day Note, designed to give you actionable insights and strategies to navigate today’s complex community banking landscape. This quarter, we’re diving into topics that matter most to community financial institutions, including managing deposit competition, leveraging technology in small business lending, and building stronger compliance systems. Plus, as a subscriber, you’ll get exclusive discounts on our customizable products and policies. Don’t miss this opportunity to stay informed and ahead—subscribe now! The Q4 edition drops Wednesday, November 13th. Sign up here: https://lnkd.in/ez93dkyi #CommunityBanking #MarketRisk #SMELending #ComplianceManagement

At Young & Associates, we deliver comprehensive Internal Audit services designed to enhance your institution's governance, strengthen internal controls, and proactively manage risk. Whether you need full outsourcing or to supplement your existing audit team, our experts provide unbiased, independent insights that ensure regulatory readiness and operational efficiency—all with a cost-effective approach. Discover how our tailored audit solutions can safeguard your institution and prepare you for the future: https://hubs.la/Q02RT0yM0 #InternalAudit #BankingInternalAudit #CreditUnionInternalAudit #AuditServices

In today’s fast-paced lending environment, community banks and credit unions face the ongoing challenge of maintaining a healthy loan portfolio while efficiently managing their resources. Annual underwriting reviews are crucial for assessing borrower creditworthiness and managing credit risk, but with high-volume portfolios, conducting thorough reviews for every borrower can be a daunting task. That’s where Y&A Credit Services comes in. As experts in commercial underwriting, Y&A Credit Services offers tailored, risk-based annual review programs that help financial institutions prioritize their resources effectively. By conducting both abbreviated and detailed borrower reviews, they ensure you remain compliant, mitigate potential risks, and strengthen your loan portfolio—all while freeing up your team to focus on core operations. Learn more about how Y&A Credit Services can be the solution to your credit management challenges. Reach out to explore their expert services today: https://hubs.la/Q02RS_3n0 #UnderwritingReviews #CreditRisk #Lending

When selling loans to investors in the secondary market, ensuring the quality of those loans is paramount. For community banks and credit unions, the stakes are high—errors in post-closing quality control reviews can lead to costly repurchase demands that impact profitability. With increasing uncertainty in borrower financial stability and evolving investor requirements, such as Fannie Mae’s 2023 Selling Guide updates, many institutions are finding it difficult to meet these stringent post-closing QC requirements within the tightened timelines. At Y&A, our post-closing QC review services provide a reliable, outsourced solution to help your institution comply with investor expectations. Our independent reviews ensure that all necessary requirements are met, including compliance with recent changes to Fannie Mae’s guidelines and other investor selling guides. We help safeguard your institution by preventing loan repurchase demands and ensuring that your QC reviews are completed thoroughly and on time, independent of your mortgage origination and underwriting departments. As the demands of the secondary market grow more complex, partner with Y&A to streamline your QC processes and protect your institution’s bottom line. Learn more or contact us today to discuss how we can help you meet your post-closing QC needs with confidence: https://hubs.la/Q02RT32Q0 #FannieMae #SecondaryMarket #MortgageQC

In 2024, regulatory scrutiny on BSA/AML compliance has intensified, with a notable rise in enforcement actions affecting community banks and credit unions. Institutions that fall short of BSA/AML standards risk facing significant penalties, operational disruptions, and reputational damage. At Y&A, we offer comprehensive BSA/AML review services to ensure your institution remains compliant, mitigating the risk of costly violations. Our expert team conducts in-depth assessments of your BSA/AML program, identifying potential gaps and vulnerabilities before they escalate into compliance failures. With our guidance, you can strengthen your anti-money laundering defenses, enhance transaction monitoring systems, and ensure your program meets both regulatory standards and best practices. By taking action now, your institution can avoid the pitfalls of non-compliance and position itself to successfully navigate the increasingly complex regulatory landscape. Learn more about how our BSA/AML review services can protect your institution from regulatory penalties. Visit our website or contact us today to discuss how Young & Associates can help safeguard your institution’s compliance in the face of heightened scrutiny: https://hubs.la/Q02RS-PK0 #BSA #BankCompliance #CreditUnionCompliance

In the face of intense deposit competition, community banks and credit unions are grappling with maintaining liquidity while balancing customer demands for higher deposit rates. At Y&A, we provide targeted risk management solutions that help institutions like yours stay competitive without compromising financial stability. Our liquidity management services offer a clear roadmap for optimizing cash flow, ensuring your institution can meet both short- and long-term obligations even during periods of high deposit volatility. Through contingency fund planning and liquidity stress testing, we help you prepare for unpredictable market shifts, ensuring you have a solid plan in place to maintain liquidity, even in worst-case scenarios. Additionally, our CRE and agricultural stress testing services provide critical insights that allow you to better manage your asset portfolios and respond to sector-specific risks, enabling you to strengthen your financial standing and attract depositors with confidence. As competition for deposits increases, we’re here to provide the expertise and tools you need to manage liquidity more effectively, safeguard against future risks, and position your institution for sustainable growth. Explore more about how Young & Associates can help you navigate this complex landscape by visiting our website or contacting us to discuss tailored solutions for your institution’s needs: https://hubs.la/Q02RT0LT0 #DepositCompetition #RiskManagement #FinancialMarkets

As community banks and credit unions prepare for the challenges of 2025, ensuring a robust loan portfolio is more critical than ever. With increasing regulatory scrutiny and rising credit risks, relying solely on internal resources for loan reviews may leave gaps that expose your institution to compliance and financial vulnerabilities. At Young & Associates, our third-party loan review services offer a trusted, expert solution designed to help you identify potential risks, improve credit quality, and stay ahead of regulatory requirements. With over 45 years of experience working exclusively with financial institutions, we provide tailored loan review strategies that go beyond surface-level assessments, ensuring your loan portfolio is resilient and primed for growth. Don’t wait until issues arise—proactively safeguard your institution's future with a thorough, independent loan review. Learn more about how our services can strengthen your lending operations by visiting our website or reaching out to discuss how we can be a solution to your loan review needs for 2025 and beyond: https://hubs.la/Q02RS-Qp0 #CreditRisk #LoanReview #Banking

Financial institutions are under increasing regulatory pressure and dealing with more complex IT environments. Virtual Chief Information Security Officers (vCISOs) offer a cost-effective solution for managing information security programs while providing expert insights from working with multiple institutions. In “The Rising Need for Virtual Chief Information Security Officers,” Mike Detrow, Director of IT and IT Audit, discusses how vCISO services can improve security, simplify compliance, and boost efficiency. Learn more about the strategic benefits of a vCISO and how it can support your institution's growth by reading the full article here: https://hubs.la/Q02RS_WC0 #Banking #InformationSecurity #vCISO