Success
Success

At North by Northwest Capital, we feel distinguished by our clients’ testimonials:

div_img

(August 15, 2014) “I learned of North by Northwest after receiving an email from the Federal Reserve about a presentation they had done for them regarding the muni market.  It was extremely enlightening as we were experiencing concerns about potential calls from our BABs which were a direct result of the sequestration.  After having dealt with many different analyst I was extremely impressed with the communication from their company.  They in fact took it a step further and personally reached out to their clients who owned these bonds with the preemptive call rights to discuss.  Their knowledge of the municipal industry is extremely helpful and the daily correspondence they provide allows me to focus being a CFO of a community bank while still keeping on top of the important issues within the muni market.  I have had two regulatory exams since signing with their firm and both were extremely impressed with the due diligence provided. ”

Melissa Atkins, First Green Bank, Mount Dora, FL

div_img

(August 15, 2014)  “I learned of Tom Murphy and North by Northwest Capital through a mutual friend.  As a bank attorney, I am always looking for resources that will help my clients improve their portfolios and better satisfy their regulators and examiners.  I was extremely impressed with the communication from their company.  Their knowledge of the municipal industry is very informative, and the daily correspondence they provide helps me to keep on top of important issues in the municipal bond industry that may affect my clients.  I would recommend NxNW to any banker whose goal is to evaluate and improve their municipal portfolios.”

Michael A. Campbel, Polsinelli PC, St. Louis, MO

div_img

(July 24, 2014) “Partnering with North by Northwest is extremely beneficial for several reasons.  Most importantly, their reports accurately convey the true on-going credit risk position of our municipal portfolio.  North by Northwest’s quarterly report gives me the critical financial information needed to maintain a comfort level with our muni portfolio.  In addition, their independent muni analysis’ continue to earn us the much needed credibility with FDIC and State examiners, that no amount of internally generated analysis’ can earn.

Dale McDonald, Bank Of Old Monroe, Old Monroe, MO

div_img

(July 24, 2014) “Southern Commercial just finished a Fed Exam and, in person, the examiners were very complementary of all the due diligence and monitoring, and after reviewing our files never asked even one question on those issues or on any files.  North by Northwest’s service exceeds the regulator’s expectations and is easy to use.

Art Kniffen, Southern Commercial Bank, St. Louis, MO

div_img

(February 20, 2014) “We are very pleased with the credit analysis provided by North by Northwest Capital Corporation.  Their in-depth review has given us a much better understanding of the credits in our portfolio.  One of the biggest benefits has turned out to be their accessibility- questions I have concerning credit issues have been answered very quickly. They have a wealth of knowledge on virtually all aspects of municipal finance, and I have learned a great deal in discussions with them.  Our decision to use them for our municipal credit analysis is one of the best decisions we have ever made in the investment management area.

John Duff, First National Bank of New Mexico, Clayton, NM

div_img

(October 29, 2013) “This service is exactly what I need.  The reviews and credit files are very detailed and will easily meet the requirements of the OCC.  My time is worth much more than you charge and I am looking forward to this being a long term relationship.

Vernon R. Pfaff, Chairman, First National Bank of Fairbury, Fairbury, NE

div_img

 

(June 28, 2013) “Your turn around time on these reviews has been great!

Scott A. Wilson, Tri City National Bank, Oak Creek, WI

div_img

(June 24, 2013) “First of all Thank You for the EXCELLENT work you have done analyzing our muni’s.  I am still amazed at how quickly the Examiners backed off when I gave them your disc.  Our contract is up for renewal next month and we would like to renew it.”

Michael R. Harleman, First Northern Bank and Trust, N.A., Palmerton, PA

div_img

(November 20, 2012) “As our loan demand has decreased recently we were looking for ways to generate additional interest income in the municipal bond market.  However, we were concerned about the credit risk and how to generate the information necessary to do a thorough analysis of these bonds.  When we looked at the review that NxNW did we were sold instantly.  The reports that are generated give us confidence in our portfolio and the peace of mind that we can make well informed decisions on the portfolio.  We are anticipating that our next exam will go well on the investment portfolio.  The service is outstanding.”

Mark Laune, Peoples Savings Bank, Hermann, MO

div_img

(August 22, 2012) “Being fully aware of the increased scrutiny placed on municipal bond portfolios of banks by examiners, we were anxious to have our process reviewed.  When we came to the municipal bond portion of the exam and what we’re doing to monitor the credit risks within this sector we mentioned that we use NxNW.  Immediately our examiner said he had reviewed NxNW’s material before and was pleased we were proactive in using a reputable independent municipal credit assessor.  After reviewing the credit files, they returned in short order and expressed their satisfaction with our credit monitoring.  The depth, structure and ease of use of the credit assessments has made this a very pleasant exam.”

Zac Scherrman, Heartland Financial, USA, Dubuque, IA

div_img

(August 7, 2012) “During our recent FDIC exam, the examiners were extremely impressed by the review you performed for us last quarter.  It virtually eliminated further discussion of our municipal holdings.”

Harold M. Miles, Bank of Advance, Advance, MO

div_img

(July 3, 2012) “The FDIC examiners were impressed with the analysis we gave them on the CD.  Basically, they said all banks are going to have to treat munis like loans.  Banks will have to do credit analysis and ongoing credit reviews.  They also liked how we singled out the bonds trading below book, especially the ones more than 10%.”

Luke G. Hawkins, Community State Bank, Galva, IL

div_img

“The exam went exceptionally well, particularly on the portfolio side. They (the  regulators)  had absolutely no criticism of anything even though they knew we were heavily invested in munis. I would recommend that anyone that has any significant concentration, say 25% of capital or more, should consider North by Northwest’s service”

Rob Coleman, First National Bank Allendale, Mt. Carmel, IL

divider

I love the service.  I think when the regulators come in this time; I can’t imagine what we could do more to enhance what you have given us.  It is absolutely phenomenal.”

R. David Crader, The Bank of Missouri, Perryville, MO

divider

“We are pleased.  During the Bank’s most recent exam, the regulators spent nearly a week on our investment portfolio and we have nothing exotic in the portfolio – no CMOs/CDOs, etc. Their focus was on the municipal bonds.  After four (4) days, the examiners just brought the disk back to me, said ‘this was a really good analysis and we think it is the direction that banks will need to start heading.’ ”

Kevin Yepsen, Community State Bank, Galva, IL

“The examiners focused on the municipal portfolio and any Other Than Temporary Impairment.  I supplied them with NxNW’s credit reviews (CBMA).  The examiners were very impressed with NxNW’s detailed written credit reviews and the depth of the supporting information in each issuer’s credit file.  The bottom line was, the examiners agreed with North by Northwest, there was no impairment.”

Brent Myers, State Bank of Davis, Davis, IL

“Our community bank was encouraged to geographically diversify our assets in the mid 2000’s. Our president chose to utilize the bank’s municipal portfolio to accomplish this. The bank invested a large percentage in a particular state. Following an examination, the regulators voiced concern over our strategy and they questioned our institution’s ability to monitor these credits. We contacted NxNW and they quickly prepared our reports  and delivered them to our bank and the board. We are satisfied that our regulators have been pleased, and we have been spared significant losses due to a potential liquidation of our bonds at a substantial cost per year.”

Mark White, Farmers Savings Bank, Colesburg, IA

div_img

Contact North by Northwest Capital to write your bank’s next success story.