CREDIT UNIONS & COMMUNITY BANKS
Tim Smith
Credit Union Practice Leader
Tim Smith is an experienced CFO with strong credit union experience. He is a qualified leader who unifies a team around a purpose-driven strategy that resonates in the marketplace. He has experience in developing and continuously improving the member experience, managing risk, advancing technology, investing in team and culture development, and providing value to our community and industry.
Tim worked as the CFO/Sr. VP of a full-service $2 billion credit union with 350 employees serving over 110,000 members through 17 branches, three lending centers, a contact center, and electronic delivery channels.
CHARLES RIVER CFO ARTICLES
Credit Unions & Community Banks
As a finance and accounting outsourcing (FAO) service provider, we work with community banks and credit unions to provide needed expertise for ongoing staffing needs and specific financial projects. In addition, our Executive Advisory Services target CEO and Board coaching.
Services include:
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Skilled banking CFOs and accounting staff who can step in during a staff transition.
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Top-tier, part-time expertise to prepare for CECL, firm up stress scenarios, complete the Call Report or run analytics on the loan portfolio.
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Objective, third-party financial reviews of the loan portfolio and deposit analytics.
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Assessments of accounting operations, controls, policies and procedures, and staffing with detailed, actionable board-ready recommendations.
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Skilled audit preparation teams that understand the banking and credit union regulatory environment and reporting requirements.
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Executive Advisory Services, including interim CEO, Board Leadership Training, Strategic Planning and Senior Coaching.
"Charles River CFO worked with our team for six months to complete a financial assessment, a deep dive review of the financial standing of our credit union. Their efforts yielded exceptional results, including developing a strategic plan to guide our direction forward. Thank you."
Ritwik Bhattacharya, CEO
Cambridge Teachers Federal Credit Union
"We are in great hands with Charles River CFO. We had quite a year in 2024. The team brings a whole level of sophistication to Vetigenics!"
Adriann Sax
President and Chief Executive Officer
Vetigenics
