Ken Barlow, CEO - NETBankAudit

Ken Barlow, CEO

Principal Partner

Palm Beach County, FL

Ken Barlow is an original founder of NETBankAudit. Ken’s career involved managing IT operations in financial industries, specializing in the development of custom system solutions and IT organizations for companies facing unique challenges including start-ups, mergers and turnarounds. Early in his career, Ken lead teams to develop the first online interactive financial system and first business graphics system for NASA HQ., and the Black Lung Benefit Payment System for the Labor Department. During late 1990’s he identified the need for quality information security and regulatory guidance for financial institutions facing an ever-increasing demand for information security and controls testing. Starting in 2000, he founded, developed and implemented the virtual business model utilized by NETBankAudit, allowing a “lower cost” in delivery of the highest quality of associates and services to meet the growing internal audit support needs of both regional and community-based financial institutions. Today, as CEO and Principal Owner, his responsibilities include overall management of NETBankAudit and focusing on the company’s strategic business development and financial management.

We used NETBankAudit for a BSA Validation and are currently contracted for IT Audit and testing services. Our experience has been a very good one. The audits were very thorough and professional with helpful recommendations. We have used several large accounting firms for outsourced internal audit needs, but I have found NETBankAudit to be superior in terms of communication, scope, knowledge, and timeliness of reporting.

Tom Cosby, Internal Auditor
Crane Federal Credit Union, Odon, IN
$700 million, 20 locations, NCUA

NETBankAudit serves as our internal auditing team. Their attention to detail and mastery of regulations are invaluable tools to our organization. During the audit, when they have a recommendation or finding, they partner with us and aide us in an internal audit liaison capacity. It is not a typical auditor firm’s approach, who just present their report and findings with limited direction or follow-up. NETBankAudit’s approach also helps us prepare for regulatory reviews with regular “heads-up” guidance and coaching. The examiners value NETBankAudit’s quality and depth of coverage and leverage the detailed audit work papers to facilitate the examination process.

Dave Kittleson, Director of IT
Arundel Federal Savings Bank, Glen Burnie, MD
$444 million, 7 branches, OCC Regulated

NETBankAudit is more than just an audit firm. They take the time to truly understand your organization. By working as a partner, they made recommendations that best fit our bank while helping us realize resources that were already at our disposal. The employees we work with are extremely knowledgeable and always available to assist.

Beth Worrell, EVP/Chief Risk Officer
Skyline National Bank, Independence, VA
$855 million in total assets, 22 locations, OCC Regulated

NETBankAudit's Auditor was very knowledgeable and explained clearly what was needed from our side to help complete the audit as well as providing clear recommendations on where we could improve our controls. The audit was done very professionally. Everyone here at SECU that interacted with NetBankAudit here at SECU had the feeling of a partner.

Rodney Hill, VP Technology
Schlumberger Employees CU Sugar Land TX
$945M in assets, NCUA regulated

Mike Young was great to work with - He involved the Audit Department effectively throughout the engagement; Discussions were not at a high-tech level with us or with the Audit Committee, so we felt comfortable talking with him and asking questions; Even though the engagement was performed remotely due to COVID, video conferences were employed so we were able to see faces and interact in a way that provided a more personalized experience. We look forward to working with him in person next year.

Robert Clark, Internal Audit Manager
Resource Bank Covington, LA
Assets: $933M, 11 branches FDIC Regulated