Assessment & Strategic Recommendation

Collectively, we have more than 750 years of financial institution know-how and experience that provide the backbone of our Assessment and Strategic Recommendations.

Client Challenges
Solutions / Benefits
Our Experience

Client Challenges

Banks and credit unions are continually challenged by changes in revenue models, keeping pace with technological innovations and competitive pressures. When trying to assess overall strategic goals, priorities and productivity of the back office and operational areas, financial institutions are often shackled by internal politics and exposure to the broader market.

Performing due diligence on the industry solutions and assessing what your needs are in terms of internal training, leading-edge or established technology are essential strategies. Long-term goals and objectives must be linked with practical strategies, tactics and initiatives that move the organization toward achieving its stated purpose.

Solutions / Benefits

To take advantage of the strategic opportunities and minimize the risks, ICI recognizes that there are no cookie-cutter approaches. ICI will conduct a comprehensive survey of your solutions, technology, workflows, processes, branches and back office operations to include the following areas:

  • Core processing system and ancillary solutions
  • Existing technology contracts review
  • Benchmark operational/technology costs relative to peer banks and credit unions

ICI will deliver a plan that is all-inclusive, unbiased, easily implemented and a source of guidance for future decisions. ICI will make recommendations for improvements, show where investments may be required and ensure technology investments are in line with your banking goals. We want to avoid providing just another binder on the bookshelf, and enable your organization to quickly execute new strategies and initiatives that ultimately increase customer satisfaction, retention and cross-selling opportunities.

Our Experience

“The Business Case and Total Cost of Ownership Report (TCO) that you drafted on our behalf assisted us in thoroughly and accurately assessing and comparing vendor capabilities and pricing.”

Tony Schoen
CFO, First Savings Bank of Clarksville, Indiana



Here are just a few examples of Assessment and Strategic Recommendation Report engagements, resulting in a Core Processing Vendor Evaluation and Contract Negotiation, that ICI has delivered:


  • California Bank: $400M assets
  • Colorado Bank: $280M assets
  • Delaware Bank: $355M assets
  • Delaware Bank: $634M assets
  • Florida Bank; $365M assets
  • Florida CU: $575M assets
  • Illinois Bank: $1.1B assets
  • Kansas Bank: $375M assets
  • Louisiana Bank: $300M assets
  • Michigan Bank: $3.3B assets
  • Minnesota Bank: $275M assets
  • Montana Bank: $145M assets
  • New Jersey CU: $470M assets
  • New York Bank: $550M assets
  • New York Bank: $585M assets
  • Ohio Bank: $3B assets
  • Oklahoma Bank: $275M assets
  • Pennsylvania Bank: $1.65B assets
  • Pennsylvania Bank: $700M assets
  • Tennessee CU: $320M assets
  • Wisconsin Bank: $800M assets