PHILADELPHIA, Sept. 6, 2011 /PRNewswire/ -- Ardmore Banking Advisors, a leading credit risk management firm specializing in credit consulting, loan review and the development of the CreditInsight™ portfolio management and CREInsight™ stress-testing software for community banks, proudly celebrated its 20th anniversary of successful business as of this summer.
Ardmore is a privately-owned, self-funded organization specializing in credit risk management for financial institutions, their management and boards of directors. It supports clientele through customized consultation and technological tools. The firm was founded by President and CEO T. Alexander (Sandy) Spratt in 1991, expanding from the established financial services company Ardmore Capital Advisors in order to increase the company's offerings to the banking community. Spratt was joined by Principals and Executive Vice Presidents James P. McKee and Donald C. Frueh within the first five years, and Senior Vice President of Credit Technology Solutions Peter Cherpack in the second decade.
These executives offer more than a century of expertise in finance and banking services at the CEO, Board, Chief Credit Officer and regulatory management levels. Ardmore Banking Advisors has since grown to include clientele in 19 states across the US with a concentration in the Mid-Atlantic states. The firm has experienced consistent double-digit growth over much of its 20-year history, with rates averaging up to 15% per year.
"Ardmore is honored to have helped many community institutions navigate the recent challenges in the industry in the current economic and regulatory climate," said CEO T. Alexander Spratt. "We're grateful for the opportunities we've had to prove ourselves to clients, both in recent years and over the last two decades."
About Ardmore Banking Advisors
Ardmore Banking Advisors, Inc. has provided credit risk management consulting, loan review and credit information technology solutions to hundreds of financial institutions since 1991. Our team of seasoned professionals includes former Bank Board Chairmen, Bank Presidents and CEOs, Bank Chief Credit Policy Officers and Examiners-in-Charge at the OCC. We have a unique understanding of our clients' needs. We provide loan review, credit risk management, loan review and credit information technology services to multinational banks and regional and community financial institutions across the country. Visit www.ardmoreadvisors.com or call (610) 649-4643.
Ardmore Banking Advisors, Inc.
SOURCE Ardmore Banking Advisors