Many banking institutions have incurred severe losses in recent years and now face difficult capital requirements.  More than 390 banks have closed since September 2008, the most since 1992 during the height of the savings and loan crisis.  The recent failures have shattered the pace of the prior six-year period, when only three dozen banks closed.

Through our strategic relationship with RSM McGladrey, among the country’s largest accounting and consulting service firms, The Corvus Group has been engaged by the Federal Deposit Insurance Corporation (FDIC) as one of only eight organizations nationwide to support all bank closings.  We have fielded teams of up to 100 professionals on very short notice to support virtually all facets of a bank closing, including:

• Asset Management
• Interim Servicing
• Pro-Forma Preparation
• Settlements
• Personnel/Administration
• Branch Management
• Investigations
• Facilities