Community Bankers Association of Illinois (CBAI) annually presents a Service Development Award to a provider of goods and/or services to Illinois community bankers that has performed above and beyond the call of duty to benefit the cause of community banking through CBAI either during the past year or over a period of years. CBAI announced at its 41st Annual Convention held recently in Nashville, TN that the recipient of the 2015 Service Development Award is CBIS Nicoud Insurance Services, a partner of Community BancService Corporation (CBSC), a subsidiary of CBAI.
CBAI Chairman Todd Grayson said “Four years ago, the CBAI leadership asked our partners at CBIS Nicoud Insurance Services to improve the banker experience, add products that mitigate bank operational risk, increase the number of carriers to insure that CBAI members receive the best coverage at the lowest rates, and create a health insurance program that will save our members money. While our goals were quite a challenge under the most favorable conditions, the country was in the midst of a financial crisis in which many banks struggled to find adequate coverage, cyber attacks were escalating, and President Obama signed into law the Affordable Care Act creating chaos in the health insurance markets. The professionals at CBIS Nicoud responded." Read More.