Banker’s Toolbox and Credit Review Northwest Partner to Provide CRE Loan Stress Test Analysis

- Partnership puts Banker’s Toolbox Crest^TM CRE loan stress testing solution in the hands of third party credit review experts -

AUSTIN, TEXAS, August 25, 2010 – Credit Review Northwest, LLC is partnering with Banker’s Toolbox to add commercial real estate loan stress testing to its lineup of credit related services for community banks. Utilizing Crest^TM, a proprietary stress testing solution from Banker’s Toolbox, Credit Review Northwest can perform stress test analysis to assist their financial institution clients to better manage their CRE loan portfolio risk.

Crest is the only stress testing technology that can be accessed remotely from anywhere in the nation, granting easy access to third party credit review consultants, auditors, and experts nationwide. This puts cutting-edge stress testing technology in the hands of seasoned experts so they can help financial institutions more accurately determine risk exposure, reveal strategies for creating a healthier loan portfolio, and comply with federal regulations for CRE loan risk management.

“One of the biggest challenges for banks that want to begin stress testing is that they don’t have the expertise, technology, or personnel,” said Phil Stanley, Credit Review Northwest. “The idea is that we step in to help them analyze their data, import it into Crest, run stress tests, and manage their overall CRE loan portfolio risk.”

Crest provides automated stress testing to comply with the 2006 Interagency Guidance requiring portfolio-wide CRE stress testing and enables banks to identify potential loan hazards in advance. This solution is powered by patent-pending technology that provides more accurate stress test results with fewer data requirements than any other stress testing option available.

“It’s easy for a third party auditor to analyze a single CRE loan, but a portfolio-wide CRE loan management program can be difficult to set up and maintain for each individual client,” said Daniel Cho, chief executive officer of Banker’s Toolbox. “Crest gives credit review analysts the technology needed to conduct more robust investigations and better serve their financial institution clients.”

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About Credit Review Northwest, LLC
Credit Review Northwest, LLC provides financial institutions with consulting services to promote stronger credit quality and lending programs enabling better management of credit risk. Available services include independent third party credit reviews, credit policy review, credit administration review, loan documentation review, due diligence, loss forecasting, and lending personnel review. And now provides support for CRE portfolio stress testing using Banker’s Toolbox CREST software. For more information, visit www.crnw.net.

About Banker’s Toolbox, Inc.
Austin, Texas-based Banker’s Toolbox, Inc., helps banks manage risk and streamline compliance examinations. The company’s product suite consists of affordable solutions for money laundering detection and reporting, commercial real estate loan portfolio risk assessment, risk management through fraud and kite prevention and secure wire processing automation. The Banker’s Toolbox team is a unique combination of seasoned bankers and information technology consultants who specialize in designing, developing and implementing risk management solutions nationwide while providing unparalleled customer service to regional and community banks.