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Credit Union Services

Excellence Delivered.

When your Credit Union needs audit or advisory services, you want an accounting firm that is familiar with the many nuances that make credit unions unique. At YHB, we offer customized solutions tailored to your credit unions specific needs.

As a client of YHB, you can expect timely responses and exceptional service. Services that we provide:

  • Audits, including Internal Audits
  • Information Technology Audits
  • CECL Planning and Training
  • Employee Benefit Plan Audits
  • Board and Advisory Education
  • Mergers and Acquisitions
  • Regulatory Assistance, including ACH Audits

Supervisory Committee Audits

Agreed-Upon Procedures
Handshake

Small- or medium-sized credit unions might not be required to perform an audit of their financial statements.  For those who choose not to perform an audit, we can conduct a Supervisory Committee agreed-upon procedures engagement which fulfills NCUA Supervisory Committee and State of Maryland/Virginia Commissioner of Financial Regulation requirements.

Verifications
Target

Credit unions are required by the NCUA to perform a verification of accounts, at least biennially.  We can assist you in performing this verification as either part of an agreed-upon procedures or audit engagement or as a separate engagement.

We offer both sample verifications and 100% verifications.  Our verification procedures are performed in accordance with the Practitioners Publishing Company Guide to Audits of Financial Institutions.

Board & Committee Training
Business Consulting

Not every financial institution director has a background in audit, accounting, or finance.  We can help directors to better understand the financial institution operations and accounting system so that they can better serve their customers and investors.  Our training sessions can be tailored to fit your specific needs.

Proudly Serving Credit Unions

YHB is proud to serve Credit Unions from Delaware to Virginia and everywhere in between. Our team is positioned to help your Credit Union serve members and community while running a prosperous business. YHB’s industry knowledge is ready to help you mitigate risk, navigate complex changes and provide your members with confidence.

YHB has been committed to serving credit unions in the region for over 75 years.  Our financial institutions team, which consists of dozens of professionals, dedicates their entire practice to financial institutions.  The team’s singular focus is to meet the audit and consulting needs of the industry we serve.  We have always recognized the need to respond in a timely manner to all of our credit union clients.

Let's Talk

Contact us when it’s time to move forward.

Darlene D. Gerstmyer
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Darlene D. Gerstmyer
CPA
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Specialties
About Darlene

Darlene is an industry leader with over 35 years of experience. She manages independent audit engagements for credit unions and community banks. and also serves as the engagement quality reviewer on many of the Firm’s audits. She is a graduate of Loyola University Maryland with a Bachelor of Business Administration degree in accounting.

She is a member of the American Institute of Certified Public Accountants, the Maryland Association of Certified Public Accountants where she served on the Cooperation with Financial Institutions Committee and served and chaired the Women’s Career Issues Committee, the Association of Certified Fraud Examiners, and the Risk Management Association (RMA).

Expertise

With her vast expertise, Darlene has become a leader in the area of internal auditing and regulatory compliance.  Her services are designed for maximum flexibility, allowing you to utilize her specialties for one specific project or on an ongoing basis. Darlene enjoys teaching and has developed and presented various accounting educational programs for financial institutions.  In addition, she conducts specialized training sessions on various topics including oversight/governance, lending, and internal controls.  She has appeared as a speaker at a national conference discussing the importance of internal controls.  She frequently speaks at Career Days for students.

Her specialties include: 

  • Internal Auditing Services
  • ACH Compliance Examinations
  • BSA/AML Compliance Examinations
  • Regulatory Compliance Consulting
  • Financial Statement Audits
  • Supervisory Committee and Director Training
  • Public Company Audits
  • Fraud Audits
  • Verification of Accounts
  • Temporary CFO Services
Other Interests & Awards

A fan of musical theater, Darlene has appeared in a number of productions with various community theater groups. She is an active supporter and volunteer for the Blackfriars Theatre program with Archbishop Curley High School.

Darlene and her husband have chaired and remain actively involved with the annual galas for The Catholic High School of Baltimore and Archbishop Curley High School, their alma maters. Darlene is a current member of the Finance Committee for St. Isaac Jogues Parish and is the past treasurer for the Immaculate Heart of Mary School’s Home and School Association.

Darlene was awarded the Mother Generosa McCafferty Distinguished Alumna Award from The Catholic High School of Baltimore in 2015. 

Darlene and her husband, David, were awarded the Archbishop Curley Cornerstone Award in 2019 for their dedicated volunteerism to the school.

Brandon Driver
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Brandon Driver
CPA
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About Brandon

Brandon is an audit leader for the bank team.  He regularly prepares audit and accounting updates for the team.  Brandon has worked exclusively for the bank team since graduating from Virginia Tech performing external audits, internal audits, bank tax services and SOX consulting.

Drew Throckmorton
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Drew Throckmorton
CPA
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About Drew

Drew is a 2008 graduate of the University of Lynchburg (previously Lynchburg College) and has a Bachelor’s Degree in Business Administration (concentration in Accounting). He joined YHB in 2009 and became a Certified Public Accountant in 2010. Since joining the firm, Drew has worked exclusively for YHB’s bank team. Because of this industry expertise, Drew excels in conducting internal, external, and SOX 404 audits to financial institutions throughout the Mid-Atlantic. He also has extensive experience working with SEC and financial reporting and SOX/FDICIA implementation and consulting. Drew’s extensive knowledge of the community banking industry enables him to meet the full range of a client’s accounting service needs.

Approach

Drew’s approach begins with building a strong relationship with his clients in order to understand their needs and maximize the services he provides. He maintains open, timely communication and provides quality, value-added services to limit disruptions to his client’s staff during the engagement’s timeline.

Expertise

Drew is a member of the American Institute of Certified Public Accountants, the Virginia Society of Certified Public Accounts, and the Institute of Internal Auditors. He is also a member of YHB’s Marketing Committee, leads annual staff trainings, is a leader on our audit team in keeping up with and implementing changes in generally accepted auditing practices and assists our HR team in recruiting, retaining and developing top accounting professionals. Drew currently resides in Midlothian, Virginia with his wife and two boys and enjoys any opportunity he gets to golf, hunt and spend time with his family and friends.

Jesse Meadows
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Jesse Meadows
CPA
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ABOUT JESSE

Jesse began his professional career at YHB in 2005.  He graduated from Marshall University in 2003 and received a Master’s Degree in Professional Accounting from West Virginia University in 2004. Jesse is a member of our Community Bank Services team and leads our Roanoke office.

Experience

Jesse has been working with community banks since 2005 and helped open and lead our Roanoke office, which opened in 2014. Jesse has extensive experience in SOX/FDICIA consulting as well as outsourced internal audit engagements.  He has been instrumental in leading YHB’s compliance efforts and stays abreast of compliance developments, trains our teams and develops our compliance audit programs. He is a member of the American Institute of Certified Public Accountants (AICPA) and the Virginia Society of Certified Public Accountants (VSCPA).

Expertise

Jesse has worked with community banks for over 10 years providing reliable and quality solutions. He regularly conducts internal, external, SOX 404 and compliance audits. Jesse also has extensive experience with mergers, acquisitions and strategic planning.

Approach

Understanding that building relationships with clients is an important aspect of providing strong client service, Jesse takes the time to develop an understanding of clients’ needs while helping them prepare for future industry changes. As important, Jesse enjoys working with younger staff to develop their expertise so that they are better able to serve client’s needs.

EDUCATION
  • Bachelors Degree from Marshall University in 2003
  • Master’s Degree in Professional Accounting from West Virginia University in 2004
What Clients Are Saying

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Luke Gore
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Luke Gore
CPA
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About Luke

Luke joined YHB in 2009 after graduating from Virginia Tech. He is an audit leader for YHB’s Financial Institutions Team specializing in auditing, taxation and consulting. He is actively involved in providing audit and accounting updates, training for the team, and maintaining audit programs and policy.  Luke has worked exclusively for the financial institutions team since joining YHB, performing external audits, internal audits, bank tax services and FDICIA/SOX consulting.

Thomas L. Milburn
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About Tom

Tom began his professional career at YHB in 1997, with a Bachelor’s degree in liberal arts and sciences as well as a Master of Accountancy degree, both from Virginia Tech. He is a member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants.

Experience

For years, Tom has dedicated his practice to providing accounting, auditing, advisory and tax services to financial institutions throughout Virginia, West Virginia, Maryland and Pennsylvania. A leader of our Financial Institutions Team, Tom also serves on our IT Steering Committee and Organizational Development Steering Committee and conducts annual audit training for new hires.

Expertise

Because Tom has worked with financial institutions for more than 10 years, he excels in conducting internal, external and SOX 404 audits, assisting with SEC and financial reporting, and providing tax compliance services to financial institutions. While he has expertise in consulting about internal controls and SOX implementation, Tom’s comprehensive knowledge of the financial institutions industry enables him to meet the full range of a client’s accounting service needs.

Approach

Tom believes that building a strong relationship with clients is one of the keys to maximizing the benefits of the services he provides. In working with clients, he listens carefully to what their needs are. Because of his bank audit expertise, Tom is able to minimize disruption of the client’s staff while optimizing communication and achieving the desired results. Tom also believes that all members of our Financial Institutions Team are instrumental in building successful client relationships and performing engagements. Our focus on attracting, developing and retaining top professionals makes YHB a leader in providing services to community banks and credit unions.

Other Interests

In his free time, Tom enjoys traveling and camping with his wife and two children and watching the kids play sports. His hobbies include running marathons and playing basketball.

Steven D. Halpern
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Steven D. Halpern
CPA
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About Steven

Steve has over 25 years of professional experience and has dedicated his practice to providing accounting, auditing, advisory and consulting services to financial institutions throughout the region. He is a graduate of University of Delaware and has a Bachelor of Science Degree in Accounting.

Steve is a member of the American Institute of Certified Public Accountants, Maryland Association of Certified Public Accountants, and the Financial Managers Society.

Expertise

Steve is a leader on YHB’s community bank and employee benefit plans practices.  In this role, Steve is responsible for assuring the highest quality service to clients served in these industries.  Steve also serves as technical reviewer for the Firm’s FAR overhead audits performed for engineering firms as well as the Firm’s internal audit engagements.

His specialties include: 

  • Financial Statement Audits
  • Public Company Audits
  • Employee Benefit Plan Audits
  • SEC Financial Reporting
  • Temporary CFO Services
Other Interests

Steve has completed Maryland Bankers School and was President of the 1997 graduating class. He also served on the Board of Directors for Federal Hill South Neighborhood Association and Glenwood Life Counseling Center. 

Justin Crowder
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ABOUT JUSTIN

Justin began his career at Yount, Hyde & Barbour in 2007, where he has worked exclusively for our Community Bank Services Team since graduating from Old Dominion University with a degree in Business Administration, focusing in Accounting. Justin is based in our Richmond office, and is a member of the American Institute of Certified Public Accountants and the Virginia Society of Certified Public Accountants.

Experience

Justin is an audit leader for the firm, performing external audits, internal audits, bank tax services and SOX consulting for public and non-public financial institutions, and has been working with community banks in Virginia and throughout the region for over ten years.

Expertise

Justin’s background has been exclusively with financial institutions since joining the firm, giving him valuable insights and significant experience in providing his clients with quality, value-added services. He has expertise in providing internal, external, and SOX 404 audits, as well as SEC and financial reporting assistance and significant experience with mergers and acquisition transactions.

Approach

Justin’s focus is on providing quality service and adding value for his clients by being a trusted advisor and resource. He believes that accessibility and open, timely communication are key to developing strong relationships with clients and providing them the highest quality services that meet their needs in a changing, challenging environment.

EDUCATION
  • Bachelor’s Degree from Old Dominion University in 2007
Jacob W. Kinnear
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Jacob W. Kinnear
CPA
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About Jacob

Jake joined the firm in 2021 with over 13 years of previous accounting experience primarily auditing private and public sector financial institutions. He has a bachelor’s degree in Accounting from Towson University as well as a Master of Business Administration degree with a concentration in Finance from the University of Baltimore. 

He is a member of the American Institute of Certified Public Accountants and the Maryland Association of Certified Public Accountants. 

Expertise

Jake is responsible for managing the Firm’s credit union audit engagements and the supervision of audits, reviews, compilations, and agreed‑upon procedure engagements in the financial institutions sector.

His specialties include:

  • Financial Statement Audits
  • Internal Audits of Financial Institutions
  • Review and Compilation Engagements
  • Supervisory Committee Agreed‑Upon Procedures
  • HUD Audits
  • Public Company Audits
  • SEC Financial Reporting
Other Interests

Jake enjoys spending time with his wife and family and is an avid sports fan, especially of the Baltimore Ravens and the Washington Capitals. He also plays on several local recreation hockey teams.