Porter Keadle Moore Merges in Credit & Compliance Financial Resources

Porter Keadle Moore (PKM) of Atlanta (FY12 net revenue of $11.4 million) has merged in Credit & Compliance Financial Resources, of Fayetteville, Ga., its second outside firm this year.

PKM is strengthening its risk advisory and regulatory compliance practice with the addition of the firm, which specializes in credit review, due diligence, consumer compliance reviews, and consulting services to the banking industry. C&C founders Sarah Draut and Bill Pitt join PKM as partners.

“Regulatory compliance is a critical issue for the community banks and other financial institutions we represent, and we are expanding our offering strategically,” said PKM Managing Partner Phil Moore. “Adding Sarah and Bill to the team gives us additional strength to best serve our clients, while giving their clients a wider array of services.”

Draut and Pitt say that PKM’s integrity and quality were among the factors that made the move attractive. The merger improves efficiency by streamlining back office and IT functions. More important, PKM offers additional services – such as fair lending and CRA reviews, as well as auditing, IT and expanded risk management services – to C&C’s long-term clients.

In February, the firm announced it had merged in Holbrook Hicks and Associates.