LOUISVILLE, Ky. — ProBank Austin will join FORVIS, a top 10 accounting and advisory firm, through an asset acquisition effective Oct. 1. The move bolsters the services FORVIS offers clients in the financial services industry.ProBank Austin is a nationally respected provider of education, loan review, regulatory compliance, asset/liability and interest rate risk management, and capital advisory services to financial institutions.
The firm has offices in Nashville, Tennessee; Louisville, Kentucky; and Toledo, Ohio, and annual revenues of approximately $20 million. More than 50 professionals will join the company in the merger.
With roots dating to 1967, ProBank Austin was formed in 2017 following the merger of Professional Bank Services, headquartered in Louisville, and Austin Associates, headquartered in Toledo. This geographic footprint complements FORVIS’ existing presence in the region, which includes seven offices in Kentucky, Tennessee and Ohio.
“ProBank Austin is a trusted advisor to the financial services industry that truly prioritizes client service,” said Jerry Henderson, regional managing partner, advisory services with FORVIS. “With this addition, FORVIS will augment the strength of existing service lines such as regulatory compliance, loan review, internal audit and investment banking while also expanding our capabilities in the areas of education services and financial management.”
For more information, visit forvis.com/industries/financial-services.
Click here for more Kentucky business news.