Strength In Partnerships
Save significant resources and time for your bank by using products and services available from businesses endorsed by MBA Bankers Service Corporation. An MBA endorsement means bankers can trust the products and services of these businesses.
MBA Bankers Service Corporation provides MBA-member banks access to quality products and services that will enhance your competitive standing. An endorsement from MBA Bankers Service Corporation means these companies have been investigated by the board of directors comprised of Missouri bankers and MBA’s president. MBA Bankers Service Corporation’s reputation for integrity and thorough due diligence means bankers can trust and value the products and services awarded endorsement status.
Conducting business with MBA endorsed partners reaps benefits for your bank and MBA. Your bank directly benefits from substantial discounts and fee income opportunities. In addition, your support of MBA’s endorsed partners provides resources to the association that support MBA’s advocacy efforts to strengthen the banking industry in Missouri.
These respected companies have strong relationships with many MBA-member banks and have proven records of success in the Missouri banking industry.
ABA Insurance Services offers a full suite of coverage for financial institutions including D&O, bond and related insurance from an A.M. Best A+ rated carrier. Property & Casualty insurance is now available. Recognized for underwriting and claims handling expertise, this unique bank-owned and banker-directed program has been insuring community banks across the country for over 26 years and has a sustained market share of nearly 25 percent. A distribution to participating banks has been declared for 23 consecutive years from the program's reinsurer, American Bankers Mutual Insurance, Ltd., totaling $77.9 million.
For More Information
Contact Jason Bauer with Missouri Bankers Insurance Services at 573-230-2824 or Richard Flenner with ABA Insurance Services at 800-274-5222.
Facebook • Twitter • LinkedIn
Colleges and universities use CAMPUS EYE to engage students, faculty, staff and patrons by providing them a safe, convenient tool to report campus safety issues. When school patrons see something, they can easily and safely “say something” using their smart phone and the CAMPUS EYE mobile app. Each time the app is opened, users will see your bank’s name and logo as the sponsor of the school’s CAMPUS EYE. When a user taps your logo, they will go to your bank’s website. Banks sponsoring the CAMPUS EYE app also will receive a TextCaster mass notification application for communicating with your staff.
For More Information
Contact Rob Sweeney at 816-268-2581 or 816-728-8279.
Facebook • Twitter
Deluxe Financial Services provides products and services that help financial institutions gain insight, create loyalty, grow revenue, increase security, leverage checks and build their brand. By combining extensive industry knowledge and experience with unmatched customer-facing solutions, Deluxe helps financial institutions achieve their most crucial business objectives. Deluxe offers several products for banks, including the following.
- Deluxe ID TheftBlock®
- Deluxe ProventSM
- Deluxe Welcome Home® Tool Kit
- DeluxeCard® Visa® Gift Card and Prepaid Card
- Deluxe Experience InquirySM
- DeluxeCallingSM
- Deluxe DetectSM powered by Early Warning®
- Deluxe Customer Care AdventureSM
- Deluxe Experience ReadinessSM
- Banker's Dashboard
For More Information
Contact Angie Simerda at 800-933-2211, ext. 156285 or 800-335-8931.
Facebook • Twitter • LinkedIn
Discover® Debit as a better signature debit card program, putting the needs of banks first. It’s the only program that delivers superior economics, simplified rules, fee transparency and unmatched program flexibility. For cardholders, Discover® Debit offers fraud protection and convenience. With Discover® Debit, your bank can develop a more profitable debit program that makes your brand stand out. Discover® Debit is an offering of the PULSE Network, a Discover Company.
FOR MORE INFORMATION
Contact Mark Froemke at 605-336-3409.
KeyState Captive Management LLC offers banks a captive program with potential enhanced risk management and permanent annual tax savings. Through its partnership with Crowe Horwath LLP, KeyState develops and implements a captive program based on each bank’s individual needs. KeyState Captive Management provides banks with innovative and independent services and expertise in risk management.
For More Information
Contact Travis Holdman at 702-598-3738 or visit KeyState online.
LinkedIn
Missouri Bankers Insurance Services, powered by Nicoud, is an MBA preferred provider. MBIS delivers tailored, turnkey risk management and insurance solutions specifically designed for community banks, giving bankers peace of mind. An independent agency, MBIS represents multiple insurance companies to ensure your bank receives the best coverage at the most competitive price.
For More Information
Contact Jason Bauer at 844-546-7034.
Currently used by students at more than 30,000 schools nationwide, the
myHomework app is the most popular student planner app. Regular usage of the myHomework app promotes better organization, accountability and self-discipline, resulting in improved academic performance for students. Banks sponsor myHomework for use in their local schools and colleges to fulfill their civic responsibility to their communities. This investment provides a targeted marketing asset to the bank, which can manage the banner that will show on the home page of the myHomework app.
For More Information
Contact Scott Thompson at 913-709-5340.
Facebook • Twitter
Office Depot is the world’s leading seller of office supplies and an industry leader in every distribution channel — from retail stores and contract delivery to catalogs and e-commerce. MBA members can access a national account coalition, bringing tremendous buying power and exclusive discounts on office products your employees use every day. Purchasing products from paper to paper clips to paper towels reap significant savings for bank operations — as much as 80 percent off suggested retail prices. As an Office Depot customer, banks will have access to Office Depot’s exclusive Business Services Division website, strategic brand name partnerships and multibillion dollar buying power.
Program Highlights
- up to 80 percent off manufacturers suggested list price
- a core list of more than 800 frequently ordered, deeply discounted products featuring many high use commodity items
- your own customized list of an additional 75 items using the same steeply discounted pricing matrix as the core list -- This additional 75 list is where bankers would want to include items that are specific to their organizations, such as toner and ink jet cartridges.
- For miscellaneous items outside the core and custom tailored list, you can choose any other product in the Business Services Division full line catalog at 10 percent off retail published prices (excludes technology products).
- free, next-day delivery (in most cases) by Office Depot truck or UPS, depending on your location
- access to the award winning Business Services Division website for placement of orders, online catalog, stock availability, order history, product returns, and usage reports
- the support of a local account manager who is responsible for total account management customer satisfaction
- In addition to office supplies, you also will receive discounts on office furniture, print/copy services, custom business forms, stationery supplies, promotional products, lunchroom and janitorial provisions.
- discount program for member employees
- The Office Depot team will provide you with on-going creative and innovative procurement solutions by identifying preferred product and process improvement opportunities.
For More Information
Contact James Stealey at 314-359-1878. MBA-member banks and associate members may register for this Office Depot program online.
Facebook • Twitter • LinkedIn
Promontory is the leading provider of FDIC-insured deposit placement services. It offers Bank Assetpoint®, ICS® and CDARS® services that enable banks and other financial institutions to connect with buyers and sellers of bank assets and build loyal, large-dollar relationships by offering access to multimillion-dollar FDIC insurance. These services also enable banks to replace higher-cost funding and/or repurpose collateral and manage liquidity.
Bank Assetpoint® connects buyers and sellers of bank assets. It is a single point through which banks (or their real estate brokers and loan sale advisors) and other eligible buyers and sellers can post and view listings of a variety of loans, commercial real estate (REO), and other bank assets. It is also a point where participants can connect with service providers who can assist them with the purchase or sale of assets.
Certificate of Deposit Account Registry Service
- attract, grow, and retain customer relationships by providing customers with access to multi-million-dollar FDIC insurance (limits apply)
- keep the funding or take the excess off balance sheet
- attract "sticky" deposits in million-dollar increments
- enhance profitability by reducing both customer acquisition and collateralization costs
- improve asset liquidity by reducing collateralization
- manage liquidity by placing excess deposits with other Network members and earning fee income in the process
- purchase cost-effective wholesale funding at fixed rates or floating rates and without collateralization or stock purchase requirements
Insured Cash Sweep
Using ICS®, the Insured Cash Sweep® service, Promontory Network members can offer customers the ability to access multi-million-dollar FDIC insurance and to earn interest on funds placed into demand deposit accounts and/or money market deposit accounts.
For More Information
Contact Patrick Melland at 866-776-6426.
Facebook • LinkedIn
Purple Wave Auctionspecializes in liquidating equipment and vehicles through online no-reserve public auctions. As the largest online no-reserve auction firm in the country, Purple Wave provides the easiest and most straightforward way to sell used equipment quickly and efficiently. From marketing and listing assets to selling and collecting payment, sellers benefit from a full-service customer experience. Purple Wave boasts more than 80,000 registered buyers and 150,000 monthly visitors to its website, helping sellers reach a much broader marketplace than traditional auctions.
For More Information
Contact Dave Sommers at 785-313-2094.
Facebook • Twitter • LinkedIn
The first program of its kind to be offered to businesses through banking channels, Re$ubmitIt addresses the unique concerns of financial institutions. Re$ubmitIt offers electronic solutions for returned deposit items, which helps your commercial account holders significantly increase collections of nonsufficient fund items. This fully-automated service is free to businesses, providing a new income stream for your bank.
For More Information
Contact Mel Ora at 727-499-7002, ext. 103.
Secure Banking Solutions is a premier information security products and services company that focuses exclusively on promoting security practices for community banks. SBS assists banks with designing and maintaining their information security programs, as well as testing banks’ programs with information security audits, penetration tests, social engineering and other assessments. In addition to information security services, SBS offers an industry leading Web-based risk management tool called TRAC, which is used by more than 400 community banks.
SBS is a privately-held consulting company that was spun off of the National Center for Information Assurance at Dakota State University in Madison, South Dakota. The center is the only university program in the country both certified by the federal government in information assurance and focused on banking industry information security. SBS has a nationwide footprint, is an endorsed vendor in 10 states and has worked with more than 750 banks ranging in asset size of $12 million to $6 billion.
For More Information
Contact Dennis Sparrow at 314-329-0140.
Facebook • Twitter • LinkedIn
Shred-It helps banks develop and implement cost-effective, secure and compliant document destruction services and hard drive destruction. Through its customized service options for banks, Shred-It AAA NAID Certified destruction solutions provide banks with secure destruction, and the Proof of Service Tracking uses bar coding and scanning technology to ensure accuracy for destruction. In addition, the Certificate of Destruction provides banks with a legal audit trail (chain of custody) for their document and hard drive destruction. Shred-It leads the industry with its 100 percent environmental sustainability rating for recycled destruction.
For More Information
Contact
Ashley Parker 314-595-5200.
Facebook •
Twitter •
LinkedIn
As the leading provider of business intelligence for banks, SNL is an indispensable, affordable resource for community banks. SNL’s timely, guaranteed accurate database includes detailed profiles on more than 50,000 U.S. financial institutions, including all publicly traded banks, private institutions and credit unions. SNL’s online platform makes it easy for banks to access and manipulate data. SNL has tools to help banks evaluate their performance and balance sheet ratios relative to peers; improve their competitive intelligence and refine their pricing strategy; understand competitor branches and deposits, as well as the demographics of their markets; assess potential mergers and acquisitions; and prepare for meetings with your boards, investors and regulators.
For More Information
Contact Julie Jones at 434-951-4419.
Nearly 2,000 financial institutions have chosen Strunk for its overdraft privilege service because Strunk has developed the right answers to questions on communicating with customers and providing better service, managing compliance and effectively controlling losses and charge-offs. Strunk’s Value Checking Program combines identity theft protection and credit score reporting with the bank’s checking account services to create a value-added service highly valued by the banks’ customers. Strunk works closely with its clients to ensure that all programs are implemented successfully.
10 Advantages of Value Checking
- Reverse declining checking profitability
- Offset lower overdraft fee income
- Counter shrinking margins and higher capital requirements
- Compensate for declining debit interchange
- Combat identity theft
- Protect consumers from credit report errors
- A product consumers want and need
- Bolster data security
- Differentiate your institution
- Compensate for increased regulation
For More Information
Contact Mike Sobba at 877-485-8808.
StoneCastle Financial Corp. is the first public investment company specifically established to invest in community banks that have experienced management teams, stable earnings, sustainable markets and growth opportunities. StoneCastle provides permanent, nonvoting, efficiently priced passive capital for community banks. Eligible banks are bank holding companies, commercial banks and savings institutions, each typically with less than $10 billion of total assets; and public and private entities. For banks considering a capital raise to support acquisitions or organic growth or to provide liquidity to shareholders, StoneCastle is ready to review your capital needs and strategic goals.
Instruments - Noncumulative convertible preferred equity, subordinated debt, bank stock loans, warrants and, to a lesser extent, common equity
Typical Investment Size - $1 million to $15 million, smaller or larger by exception
Investment Process Time Frame -Typically three to six weeks, variable by institution and structure
For More Information
Contact T.W. Shannon.
LinkedIn
Missouri banks sponsor the use of TextCaster® by local school districts to promote goodwill and enhance the way schools communicate with parents, students, faculty and staff in the communities they serve. Schools use TextCaster® to reach patrons quickly via text messages and emails with timely, valuable information on emergencies, school closings and early dismissals. Banks sponsoring TextCaster® for schools gain a unique competitive advantage in their community. Messages sent by the school will include the bank’s name as the sponsor. In addition, schools that use the mobile web feature from TextCaster® will feature the bank’s logo on every published mobile web story.
For More Information
Contact Rob Sweeney at 816-268-2581 or 816-728-8279. Visit TextCaster online.
Facebook • LinkedIn
Convergent Retirement Plan Solutions LLC is dedicated to helping your bank succeed in the fiercely competitive retirement services industry. Working hand-in-hand with your bank, Convergent Retirement Plan Solutions develops tailored solutions that produce measurable bottom-line results through decreased compliance exposure and increased acquisition and retention of retirement plan assets.
For More Information
Contact Ben Norquist at 218-824-4900 or 866-388-4900.
Convergent Retirement Plan Solutions LLC
Convergent Retirement Plan Solutions LLC is dedicated to helping your bank succeed in the fiercely competitive retirement services industry. Working hand-in-hand with your bank, Convergent Retirement Plan Solutions develops tailored solutions that produce measurable bottom-line results through decreased compliance exposure and increased acquisition and retention of retirement plan assets.
For More Information
Contact Ben Norquist at 218-824-4900 or 866-388-4900.
Convergent Retirement Plan Solutions LLC
Convergent Retirement Plan Solutions LLC is dedicated to helping your bank succeed in the fiercely competitive retirement services industry. Working hand-in-hand with your bank, Convergent Retirement Plan Solutions develops tailored solutions that produce measurable bottom-line results through decreased compliance exposure and increased acquisition and retention of retirement plan assets.
For More Information
Contact Ben Norquist at 218-824-4900 or 866-388-4900.