Young & Associates is a leader in assisting financial institutions to move successfully through the strategic planning process. We remain flexible to your bank’s specific needs, and work with you to create a vision with a focus on both your short and long-term future.


Where are You Now?

At Young & Associates our approach to strategic planning is individualized for your bank. Ahead of your planning session, we get to know your bank. We do this by sitting down with your management team, discussing the biggest issues facing your organization, and reviewing the results from and progress of your prior strategic plan.

Next in the strategic financial planning process, we send out a confidential questionnaire to both directors and senior officers to determine whether there are specific issues of importance that need to be addressed. Based on your assessment of your bank’s direction and the results of the questionnaire, we will work with you to craft an agenda that is specific to your bank.

Planning Session

Where Do You Want to Be?

On the day of your strategic planning session, we spend time discussing current trends in the banking industry and analyzing the pre-planning work so everyone is on the same page about where you are today. This may include updating your SWOT analysis. We focus on a critical piece of the planning session, which is to answer: Where do you want to be?

Young & Associates will facilitate the discussion and use our years of real-world experience to help you craft a plan that reflects your vision. The goal is to have a vision of where you want your organization to be in one, five, or ten years, and determine what it will take to get there.

Strategy is about making choices about who you want to serve and how you plan to serve them — and deciding who you are not going to serve, so you can focus better on your true customers.

Plan Execution

How Will You Get There?

The goal at the end of the day is to have an agreed direction for your bank, as well as the strategies you will use to get there.

Strategic and financial planning won’t get you anywhere without determining how you will execute your plan. That includes deciding who is responsible for each goal you set, a timeline for completion, and a schedule for periodic updates on the progress of your plan.

Written Strategic Plan

After the planning session, we will take the information about your goals and strategies and, with the assistance of your CFO, craft a strategic financial plan that reflects your future direction.

Our financial modeling tools allow us to show the impact of various “what-if” business scenarios, such as an alternative/stressed budget, the impact of alternative strategies on the bottom line, capital, shareholder value, liquidity, and so on. All of the above are then included in your written strategic plan which we complete for you.

Why Young & Associates?

Our consultants working on strategic financial planning are former CEOs and senior executives who were responsible for planning in their own banks, so we know the realities of running your bank every day, along with the need to balance your time with executing your plan.

Contact us to speak with one of our experienced consultants about your strategic planning needs.

Connect with a consultant

Contact us to learn more about our consulting services and how we can add value to your financial institution