PRESS RELEASE
DD&F Consulting Group
Contact: Debi Barnes
Phone: 501-374-2600
Email: dbarnes@ddfconsulting.com
www.ddfconsulting.com
FOR IMMEDIATE RELEASE
DD&F CONSULTING GROUP AND DITTRICH & ASSOCIATES ENTER JOINT VENTURE
“Enhanced Asset Solutions” formed to assist banks with post FDIC acquisition asset management
(LITTLE ROCK, AR July 13, 2010)--DD&F Consulting Group, a full service financial
consulting firm headquartered in Little Rock, Arkansas, and Dittrich & Associates, one of the
nation’s leading consulting firms on asset management, headquartered in Joplin, Missouri, have
recently entered into a joint venture, Enhanced Asset Solutions (“EAS”), to assist banks with
post acquisition asset management and loss share reporting for FDIC-assisted acquisitions.
DD&F Consulting, founded in 1993, has been a leader in assisting banks with FDIC assisted
acquisitions and was recently ranked by SNL Financial as the #1 advisor in completed
government assisted transactions since January, 2009. In addition, DD&F Consulting has
helped bid on over 50 failed banks. DD&F offers a unique full service approach to the
acquisitions that prepare their clients to successfully execute an acquisition from pre-bid
planning through the bidding process, deployment and closing weekend and post integration.
“We’ve been fortunate to be on the cutting edge of this,” stated Randy Dennis, President of
DD&F Consulting Group. “Along the way we have learned that the post integration, especially
as it relates to managing the FDIC loss share agreements, requires a high level of technical skill
and knowledge. Gaines Dittrich and his staff have that expertise and we are proud to be
associated with their team.”
Dittrich and Associates, LLC was formed in 2008 by Gaines Dittrich as a result of Dittrich’s
observation that there was a need for consulting to assist banks with a large number of problem
loans or banks operating under regulatory orders. Through EAS, Dittrich and his staff will assist
Assuming Banks with the implementation and management of their FDIC Loss Share
Agreement, utilizing proven and highly technical Policies Procedures and Forms developed by
his team. Their services include review of the covered asset portfolio, developing Action Plans
for problem assets, establishing Special Asset Departments, training staff, developing policies
and procedures and managing the FDIC reporting requirements.
“The greatest benefit we offer our clients is our expertise in working with both bank and
regulatory authorities to effect resolution of problem assets. Our staff includes past bank
presidents and/or senior lenders who have been active in banking during the last 30 years. Most,
if not all, have worked for FDIC, RTC, or as RAC Contractors in addition to their background in
banking which enables them to excel in a FDIC Loss Share/Workout environment,” stated
Dittrich.
“Our partnership with DD&F Consulting Group provides us the opportunity to work in tandem
with other financial experts in the FDIC acquisition process to provide our clients the best in
financial advice from start to finish for their FDIC acquisitions.”
For more information regarding EAS services contact Gaines Dittrich at (417) 214-3819 or go to
his company website at www.dittrichassociates.com. For other FDIC assisted acquisitions
services contact Randy Dennis 501-374-2600 or go to the company website at
www.ddfconsulting.com.
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