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Digital Banking


First Data

First Data is a global-leader in commerce enabling technology and has taken digital banking to the next level by developing a secure, simple and effective product suit to meet the needs of today’s customer. The user-friendly online banking platform makes it easy for businesses and consumers to manage all their banking needs, including online bill pay, cash management for business, and personal financial management for consumers.

For more information, contact Christian Ofner via email at christian.ofner@firstdata.com, via phone at 615/585-1125, or visit First Data website.





About Community BancService Corporation, Inc.

A subsidiary of Community Bankers Association of Illinois (CBAI), CBSC aggregates the “clout” of CBAI member banks to negotiate lower costs and provide improved access to essential bank products and services. CBSC recommends products and services that assist banks with income-production, expense reduction, consulting, marketing, compliance, equipment, insurance, lending, A/L management and payments. Before the CBSC board of directors awards any program an exclusive partnership, it is subjected to a rigorous due diligence review that includes extensive testing by members, occasionally by independent experts, and negotiation of special member-only benefits. This process typically takes up to six months.

Today, CBAI members use an average of more than five CBSC preferred providers. Last year, members collectively saved nearly $ 1.5 million in purchasing discounts from CBSC-recommended firms. Contact CBSC today and share in the savings.

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Midwest Office Acquires Ridders Business Supply

Midwest Office has completed its most recent merger, this time with Ridders Business Supply located in Quincy, IL.

Ridders is now operating under the name of Midwest Office. Paul Ridder, owner of Ridders Business Supply, has been in business since 1972 in the Quincy market. Midwest Office is a preferred service provider of Community BancService Corporation (CBSC). See News Release.

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BankTrends Launches New Efficiency Ratio Tool

BankTrends, CBSC's Preferred Partner for bank peer group and market analysis, has launched a new Efficiency Ratio Calculator that enables community bankers to easily calculate the effect prospective changes in income and expenses will have on their bank's Efficiency Ratio.

The Efficiency Ratio, a measure of overhead as a percent of revenue, is a hot topic for most community bankers. It is a quick and easy measure of bank management's ability to control operating costs while generating income. An increase in the bank's Efficiency Ratio means an increase in operating expenses, a decrease in income, or both.

When bankers think of efficiency they often think of expenses, but the other side of the equation, income, is just as important. For example, how would raising loan rates 25 basis points impact the bank's earnings and Efficiency Ratio? How about calculating the impact of growing the bank's loan portfolio 10% or raising deposit-related fees?

Now, CBAI member banks can easily calculate the impact different income and expense scenarios will have on their bank's Efficiency Ratio. For more information and to give it a free, no-obligation test-drive, please go to https://www.bank-trends.com/Efficiency/.

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Cardholder Satisfaction - How to Remain Top of Wallet

Cardholder satisfaction and loyalty are directly related to your institution’s ability to keep payments secure and convenient in a post-EMV® environment. In this session, we will discuss three card trends that will help you keep your cardholders happy and your cards top of wallet:

  • Card-not-present (CNP) fraud management
  • Dual interface card growth strategy
  • Instant issuance… Read More.
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Enterprise Risk Management


CSI WatchDOG® Elite SmartRisk IQ a CBSC Marketing Partner since 2016

CSI WatchDOG® Elite SmartRisk IQ offers bankers a comprehensive enterprise risk management (ERM) solution that allows them to evaluate all the risk areas defined by regulators. Based on real-time snapshots of a bank’s risk profile enterprisewide, SmartRisk IQ delivers the tools and insights necessary for institutions to make confident decisions regarding effective risk strategies. The solution collects, stores, analyzes, scores and reports on comprehensive risk data from across the institution. Users also have access to CSI’s regulatory experts who help reduce time spent on managing compliance. And exclusively for CBAI members, access to the solution is delivered through CSI Secure Connect, a robust portal solution that is also endorsed and utilized by CBAI.

Through both technology and service, SmartRisk IQ helps banks reduce the cost of managing regulatory compliance, engage management, and inform the board about possible risks and opportunities. Additionally, to help institutions fulfill examiner expectations and best understand their current risk, SmartRisk IQ measures institutions against the eight key risk categories outlined by the OCC: compliance, credit, interest rate, liquidity, operational, price, reputation, and strategic.

Additional benefits of SmartRisk IQ include:

  • Quick and easy assessment with pre-loaded questionnaires and smart content
  • Advanced risk calculations to inform risk decisions
  • Simplified storage of attachments and notes to prove compliance
  • In-depth reporting
  • Easy sharing of assessments to the institution’s board

For more information, contact Bill Evers, CSI Director – Business Division, at 800/545-4274 ext. 19224, or via email at bill.evers@csiweb.com, or visit CSI’s Web Site.

 

 

 

About Community BancService Corporation, Inc.

A subsidiary of Community Bankers Association of Illinois (CBAI), CBSC aggregates the “clout” of CBAI member banks to negotiate lower costs and provide improved access to essential bank products and services. CBSC recommends products and services that assist banks with income-production, expense reduction, consulting, marketing, compliance, equipment, insurance, lending, A/L management and payments. Before the CBSC board of directors awards any program an exclusive partnership, it is subjected to a rigorous due diligence review that includes extensive testing by members, occasionally by independent experts, and negotiation of special member-only benefits. This process typically takes up to six months.

Today, CBAI members use an average of more than five CBSC preferred providers. Last year, members collectively saved nearly $ 1.5 million in purchasing discounts from CBSC-recommended firms. Contact CBSC today and share in the savings.