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Waypoint is an industry leader in credit union auditing and consulting.  Formed by Barrett T. Lynch and Greg R. Schmidt, CPA, CFE, Waypoint has served over 100 credit union clients with over 70 federally insured credit unions currently engaged for services throughout the southwestern region of the United States.

The Waypoint family, which includes Greg R. Schmidt, CPA LLC., Barrett T Lynch, LLC., and Waypoint Advisory Services, Inc., is a cluster of multifaceted providers specializing in audit services, internal control testing, compliance, IT, strategic planning, staff/director training, and interim CEO services for federally insured credit unions. All attestation work, including opinion audits, is performed by the accounting firm Greg R. Schmidt, LLC, and signed off on by senior partner Greg R. Schmidt, CPA, CFE. Waypoint is the only family of businesses in our area that specializes in Credit Union specific services. Bottom-line is this: Credit Unions are all we do.

While many credit unions see a required annual audit as a necessity only to satisfy regulatory requirements, we strive to not only meet GAAP and Regulator standards, but to go beyond with value-adding services such as director and staff training and regulatory updates.

Barry Lynch, Waypoint CEO and a former NCUA examiner, attended West Texas A&M University, where he received a Bachelor’s Degree in Business Administration with an emphasis in Finance, followed by a Master’s Degree in Business Administration from Texas Tech University.  Before leaving the NCUA to partner with Greg and form their own credit union auditing and consulting firm, Barry received the NCUA’s Examiner of the Year designation.

Greg Schmidt, CPA, CFE, is a 1989 graduate of Texas Tech University with a degree in Accounting and Finance.  He is a Certified Public Accountant as well as a Certified Fraud Examiner.  Greg started his own accounting practice in 1996, specializing in tax and business consulting.  In 1999, Greg began working with credit unions performing internal control testing and providing audit services.  In 2011, Greg formed a new auditing company with former NCUA examiner Barry Lynch, called Waypoint Advisory Services, Inc., which exclusively deals in audit and compliance testing for federally insured credit unions.  Together with Barry, Greg provides professional services to over 75 federally insured Credit Unions in Texas, New Mexico, Oklahoma, Colorado, South Carolina, and Ohio.  For those of you that know Greg well, you will not be shocked to learn he will NOT be doing much of the speaking today.  Come on… he is a CPA.  Would you really want to hear him speak anyway?

The West Texas Regional Supervisor and one of the newest members of the Waypoint team is Lauren E. Quill. She moved to Amarillo after completing her B.S. in Chemical Engineering at The University of Toledo. While working as an engineer at Proctor & Gamble, she completed her MBA at West Texas A&M, and after ten years in the engineering field made the decision to join the Waypoint family. With her love of the credit union movement and her engineering background, Lauren brings a fresh and unique perspective to the Waypoint team.