Springfield, Mo. (Jan. 19, 2004) -- The Financial Institutions Group of top-ranked accounting firm BKD has teamed with management consulting firm Bank Earnings Alliance Inc. to offer profit-improvement solutions to community banks and other financial institutions.

“As community banks and financial institutions continue to experience declining interest margins related to the competitive interest rate environment, they must search for opportunities to improve income and reduce expenses,” explains Don Hutson, leader of BKD’s Financial Institutions Group. “BEA has a proven track record with community banks and other financial institutions in applying its unique methodology to improve profitability.”

BKD provides tax, assurance, accounting outsourcing, consulting and technology services to more than 1,000 financial institutions, including many community banks, through its BKD Financial Institutions Group and BKD Technologies divisions.

Union, Ky.-based BEA focuses on performance and earnings improvement for financial institutions.

-- WebCPA staff

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