FMF&E has one of the largest and diverse financial institution practices of any regional firm located in the Northeast. Our financial institution practice represents one of the largest segments of our client base, ranging in size from $34M to over $8B in assets. The team that provides services to the Firm’s financial institution clients has spent a significant number of years serving the industry, many within the industry itself, and has developed and maintained a strong reputation for technical competence and providing a high level of service.
Firley, Moran, Freer & Eassa have provided internal audit services to AmeriCU Credit Union that are consistently thorough, risk‑based, and aligned with regulatory expectations. Their team demonstrates a strong understanding of the credit union environment and delivers clear, examiner‑ready work products with practical, well‑reasoned recommendations. They are professional, responsive, and effective partners who add value beyond basic audit execution. I would recommend Firley, Moran, Freer & Eassa without hesitation to other financial institutions seeking a reliable and credible internal audit firm. (2026)
Over the past five years, the team at Firley Moran Freer & Eassa has been an exceptional partner to our credit union. Their management and staff have consistently demonstrated professionalism, deep industry knowledge, and a genuine commitment to supporting our success. They have been easy to work with and have provided valuable guidance to both our internal auditor and our Supervisory Committee. Their expertise has strengthened our internal audit program and enhanced our overall governance. We truly appreciate their dedication and the high-quality service they continue to deliver. (2026)
SeaComm has had a long-term, deep relationship with Firley Moran, Freer & Eassa, CPA, with everything from annual financial statement audits, internal audits, special projects and ALM procedural reviews. We have been extremely satisfied with the firm who we have done business with for nearly 20 years. Their commitment goes beyond just an hourly or contract rate; they are available at any time and provide consultation on any topic related to their expertise at no additional costs. That is a testament of their commitment to the client. An add-value you really can’t put a price on. (2026)
What Can FMF&E Do For You?
FMF&E traditionally provides financial statement, internal, and supervisory committee audits to our financial institution clients. As a result of the in-depth work performed by our accounting and auditing professionals, our clients typically walk away with a product that includes comments, advice and suggestions for improvement regarding the following areas:
- Loan and investment portfolio
- Loan documentation
- Operational policies and procedures
- EDP system controls and procedures
- Asset/liability management
- Long-range planning
Additionally, due to our industry experience and strategic alliances, we are able to provide, and have provided, the following services to our financial institution clients:
- Internal audit outsourcing or co-sourcing
- Internal audit risk assessment and program design
- Design and implementation of internal audit function
- Fraud/forensic audits and consulting
- Consumer and business loan reviews
- Assistance with accounting pronouncement or regulatory guidance interpretation
- Regulatory compliance reviews
- Board of Director/Supervisory Committee training
- ACH audits
- BSA Risk Assessment
- BSA/OFAC/MIP compliance audits
- Allowance for loan and lease loss methodology evaluations
- Deferred compensation arrangements
- Executive compensation matters
- Enhancing accounting and internal control systems
- Strategic planning
- Policy and procedure manual review
- Due diligence and assistance with mergers
- Employee benefit plan/Form 5500 audits
- Subsidiary organization formation, liquidation and consulting
- Income tax consulting and tax return preparation, when applicable
- State and local tax planning, when applicable
- Personal financial planning for key executives
Industry Involvement
Our firm is actively involved in the New York State Credit Union Association, the CrossState Credit Union Association, the Association of Credit Union Audit and Risk Professionals, and Independent Bankers Association of New York State through participation on panels, certifications, and as instructors for ongoing education.
Our team has demonstrated dedication to the financial institution industry year after year with continued contributions and certifications to some of the industries highest standards. This industry focus expertise allows for a deep understanding of your business and the best practices in the current regulatory and operational climate.
- Certified Valuation Analyst (CVA)
- Certified Fraud Analyst (CFA)
- Chartered Global Management Accountant (CGMA)
- Certified Internal Auditor (CIA)
- Certified Credit Union Compliance Officer (CUCO)
- Certified Credit Union Internal Auditor (CCUIA)
- Credit Union Development Educator (CUDE)
Top Professionals Ready To Serve You
The FMF&E team prides itself on ensuring that you have quick and easy access to top professionals for any challenge. Our unique model gives our clients confidence that our experienced team can be trusted with your most complex challenges.