Ardmore Banking Advisors Celebrates 20 Years of Service to the Banking Community

Philadelphia, PA - September 6, 2011 - Ardmore Banking Advisors, a leading credit risk management firm specializing in credit consulting, loan review and the development of the CreditInsight™ portfolio management and CREInsight™ stress-testing software for community banks, proudly celebrated its 20th anniversary of successful business as of this summer.

Ardmore is a privately-owned, self-funded organization specializing in credit risk management for financial institutions, their management and boards of directors. It supports its clientele through consultation and technological tools customized to the meet the needs of the industry as observed by its executives over their many decades of experience. The firm was founded by President and CEO T. Alexander (Sandy) Spratt in 1991, expanding from the established financial services company Ardmore Capital Advisors in order to increase the company’s offerings to the banking community. Spratt was joined by Principals and Executive Vice Presidents James P. McKee and Donald C. Frueh within the first five years, and Senior Vice President of Credit Technology Solutions Peter Cherpack in its second decade.
These executives offer more than a century of expertise in finance and banking services at the CEO, Board, Chief Credit Officer and regulatory management levels. Ardmore Banking Advisors has since grown to include clientele in 19 states across the US with a concentration in the Mid-Atlantic states. The firm has experienced consistent double-digit growth over much of its 20-year history, with rates averaging up to 15% per year.
"Ardmore is honored to have helped many community institutions navigate the recent challenges in the industry. The current economic and regulatory climate has confirmed the need for outside professional guidance for many banks," said CEO T. Alexander Spratt. "Based on our delivery of value-added services with experience, independence and integrity, Ardmore has earned a sterling reputation among various professionals including bankers and bank regulators. We’re grateful for the opportunities we’ve had to prove ourselves to clients, both in recent years and over the last two decades."
Ardmore Banking Advisors Milestones

Years 1 – 10:

      • Growth of 10% per annum 
      • Focused on consulting for non-financial corporations and banks in the PA-NJ-DE tri-state area, primarily for strategic financial management and for credit risk consulting and loan review

Years 10 – 15:

      • Growth of 12% per annum
      • Added Principal Peter Cherpack
      • Established new division focused on credit information technology and created CreditInsight, a portfolio management technology solution
      • Expanded client base into New York, Virginia, DC and Maryland

Years 10 – 20:

      • Growth rate of 15% per annum
      • Created CREInsight to manage real estate portfolio, and developed stress testing capabilities deployed throughout the US
      • Further expanded into the midwestern, southeastern and southwestern states
      • Completed many engagements to assist banks with credit policy, process and risk management issues and provided training for directors on credit risk management
About Ardmore Banking Advisors

Ardmore Banking Advisors, Inc. has provided credit risk management consulting, loan review and credit information technology solutions to hundreds of financial institutions since 1991. Our team of seasoned professionals includes former Bank Board Chairmen, Bank Presidents and CEOs, Bank Chief Credit Policy Officers and Examiners-in-Charge at the OCC. We have a unique understanding of our clients' needs. We provide loan review, credit risk management, loan review and credit information technology services to multinational banks and regional and community financial institutions across the country. Visit or call (610) 649-4643.