Bridget Meyer to Join The Montauk Group

MANHASSET, N.Y.--(BUSINESS WIRE)--

Bridget Meyer, a nationally recognized treasury expert who authored the banking industry's new global billing code standards, will join The Montauk Group LLC as Product Manager of Bank Relationship Management Services, effective January 3, 2012. At Montauk, Ms. Meyer will be responsible for the continuing development of services, technologies and standards, including the firm's proprietary BankScore ^TM Global Bank Fees and Rates Index. The Montauk Group helps U.S. and international businesses proactively manage their banking relationships in order to optimize fees, rates and account structuring for maximum yield on liquidity.

Ms. Meyer spent the past decade developing, facilitating, and promoting the Association for Financial Professionals' (AFP) Service Codes Accredited Provider Program, which is designed to increase standardization in bank fee reporting. The AFP program managed by Ms. Meyer helps companies identify banks that have demonstrated a commitment to helping customers meet their bank relationship management needs.

Ms. Meyer began her career with the Financial Management Service of the U.S. Treasury Department. While at the Treasury, she reorganized the bank billing process for the IRS lockbox program; published chapter 3000 of the Treasury Financial Manual, Volume V, for government lockbox depositories; and assisted in the development of the first-ever online Federal Tax Payment System.

“I understand the complexity and frustration involved in trying to compare charges from one bank to another and have devoted my career to helping corporations and their banks find a solution to simplify their analysis. I have always been an avid proponent of standardization within the banking industry, which is essential to promoting transparency and simplifying the cash management process. At Montauk, I am excited to have the opportunity to put this into practice for individual companies. By staying on top of the trends in bank pricing, we can help our clients improve their bank relationships for more profitable outcomes,” Ms. Meyer said.

“Our business is focused on helping companies uncover and manage their true banking costs in order to deliver a guaranteed hard money return on every dollar under management. Bridget Meyer is a star in this world, and The Montauk Group could not be more excited to have her on board our team,” said Glenn P. Murray, a Montauk Group managing director.

A resident of Houston, TX, Ms. Meyer received her Certified Treasury Professional Certification in 1997 and earned a B.A. in Business from Southwestern University.

About The Montauk Group

The Montauk Group is a commercial Bank Relationship Management (BRM) specialist that enables customers to realize the full earnings potential of every cash flow dollar they manage. Utilizing its proprietary BankScore™ index to compare bank rates and fees, The Montauk Group delivers guaranteed hard money gains by negotiating directly with banks to optimize yields and maximize liquidity. Services are contingency fee-based, so Montauk is fully vested in the outcomes it achieves. The experts at Montauk have over 100 combined years of experience in treasury, cash management, and banking. Formed in 2010, the company is headquartered in Manhasset, New York, and maintains regional offices in Miami, Florida, and Oak Brook, Illinois. For more information, contact The Montauk Group at (855) MONTAUK, visit www.themontaukgroup.com or follow the company on Twitter @themontaukgroup.

Editor's Note: photo available.