MARIETTA, GA (Jan. 24, 2012) – The Georgia Bankers Association (GBA), through its subsidiary, GBA Services Inc., announces the endorsement of Valuation Management Group (VMG), as its preferred vendor of appraisal management services.
Founded in 2006 by President and CEO Vicky Thompson, VMG is a Georgia-based nationwide commercial and residential appraisal management company that serves Community Banks, Mortgage Bankers and Investors.
“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 welcome Valuation Management Group to the lineup of Strategic Partners that support our state’s banks.”
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 quality appraisal review.
“We are excited to be selected as a strategic partner with GBA,” said Vicky Thompson, president and CEO, Valuation Management Group. “Our goal is to assist Community Banks with appraiser independence compliance and robust reviews.”
In 2011, VMG was ranked 22nd by Inc. magazine on its annual Inc. 500 list, an exclusive ranking of the nation’s fastest-growing private companies. VMG ranked third amongst Atlanta’s 50 fastest-growing private companies by the Atlanta Business Chronicle for its 2011 Annual Pacesetter Awards. VMG was also honored by CobbWorks as a 2011 Outstanding Business of the Year. In December 2011, Vicky was named as a Top 5 Female Entrepreneur to Admire by Anna Runyun, Career Strategist and Blog Owner of Classy Career Girl.
For more information on Valuation Management Group, visit valuationmanagementgroup.com.
About Valuation Management Group
Valuation Management Group is a nationwide appraisal management company where true appraiser independence and quality commercial and residential appraisals can be obtained. VMG provides timely and efficient service while facilitating and simplifying the real estate appraisal process from start to finish. They take the appraisal process from ordinary to extraordinary.
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 120 years, GBA has provided Georgia’s banks with top-quality professional development, revenue-enhancing products and services, government relations and public advocacy.