The Georgia Bankers Association (GBA), through its subsidiary, GBA Services, Inc., is pleased to announce the renewal of its endorsement of Valuation Management Group, LLC (VMG) as a GBA Strategic Partner and its preferred provider of appraisal manag
March 24, 2014 (Newswire) - The Georgia Bankers Association (GBA), through its subsidiary, GBA Services, Inc., is pleased to announce the renewal of its endorsement of Valuation Management Group, LLC (VMG) as a GBA Strategic Partner and its preferred provider of appraisal management services.
VMG handles the entire appraisal process including approving the appraisers, managing the appraiser panel, handling the bid process for complex residential properties and commercial assignments, ordering environmental risk assessments, engaging the appraisers and performing a robust, quality technical appraisal review. VMG also offers commercial and residential reviews for Georgia banks in need of review products only.
"High-quality outside appraisal management services are a priority for many banks," said Robert D. Heath, president and CEO of First American Bank and Trust Company in Athens and chairman of the board of GBA Services, Inc. "Valuation Management Group has one of the industry's most experienced staffs. Its reviewers have an average of 17 years of actual appraisal experience, and the company is known for providing outstanding customer service. We're pleased to extend our relationship Valuation Management Group. They have proven over time, their commitment to support our state's banks."
"We are excited to renew our status as a strategic partner with GBA," said Patrick McMillen, COO, Valuation Management Group. "Our goal is to assist Georgia Banks with appraiser independence compliance and provide robust reviews."
About the Georgia Bankers Association: Founded in 1892, the Georgia Bankers Association promotes the general welfare and usefulness of banking and the preservation of a sound banking system. For 122 years, the GBA has provided Georgia's banks with top-quality professional development, revenue-enhancing products and services, governmental relations and public advocacy.
About Valuation Management Group: Established in 2006, Valuation Management Group, LLC is a nationwide appraisal management company with headquarters in Atlanta, GA. VMG offers a turnkey approach to the appraisal process from inception to final completion. VMG's primary mission is to institute an environment where true appraiser independence and quality commercial and residential appraisals can be obtained.