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"The quality of our company’s product and the expertise of our staff is recognized by Federal and State bank regulatory agencies, as well as many of the independent public accounting firms."


JAMES F. CHASTON,
President

About Us

CHASTON ASSOCIATES, INC. is the leading independent loan review company in New England. Established in 1984, our firm has provided outsourced credit risk review and other consulting services to more than 200 banks located across the Northeast and points beyond. Currently, our customer base approximates 100 institutions reporting total assets ranging from $50 million to more than $5 billion.

In addition to credit risk review services for commercial lending functions, CHASTON assists its clients in the areas of Compliance, Residential Mortgage & Consumer Lending, Indirect Financing, and Equipment Leasing. We also provide clients support via outsourced Credit Analysis, Loan Policy development, and Due Diligence Analysis. Community and Regional Banks comprise our client base, in addition to several non-bank financial institutions.

CHASTON’s dedicated team is made up of individuals possessing career experience in the disciplines of lending, mortgage banking, credit administration, workout, asset valuation, regulatory, compliance/audit, control systems implementation and risk management. The average banking related experience of our staff exceeds twenty years. Ten members of the current team have been with Chaston for fifteen years or more. James Chaston, founder of the company, is a CPA and former National Bank Examiner.

The quality of our company’s product and the expertise of our staff is recognized by Federal and State bank regulatory agencies, as well as many of the independent public accounting firms.

The cost to engage CHASTON's services is reasonable. Our fees compare favorably to other qualified vendors and may represent a substantial cost savings if contrasted to the cost of performing the function internally, or the expense of an unanticipated loan loss.

In addition to independent credit risk assessment and management, CHASTON specializes in building relationships with its clients. The experienced and dedicated members of our firm work closely with our clients to bring added value via perspective and practical recommendations. We strive to be a committed and available resource to our clients, providing effective guidance through various economic cycles and changing regulatory / industry demands. We are fortunate that our clients are committed to us as well; a third of our customers have been with us for 10 years or more.

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