Community Bankers Association of Illinois
Community Bankers Association of Illinois Community Bankers Association of Illinois Community Bankers Association of Illinois
 
     Special CBSC Member Services Edition                      January 7, 2011 Graphic
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Community Bankers Association of Illinois
Community Bankers Association of Illinois Community Bankers Association of Illinois


  • Strategic Modeling for High Performance: Asset/Liability Management
  • Preserving Revenue While Changing the Checking Product Line-up
  • Investment in Efficiency
  • The Threat Within
  • In-House UCC Processing v. CSC Services
  • New Photo Card Options Illustrate Cardholder Benefits
  • Increase Sales with a More Effective Approach to Marketing
  • Improved Efficiency Through Teller Cash Recycling
  • The Truth about Fighting Fraud
  • Compliance Solutions That Help Reduce Compliance Burdens
  • A Real "One-Two" Punch in the Fight for Fee Income
  • Online Board Meetings Offer Savings and Safety
  • Reduce Your Bank’s Electricity Costs
  • Reward Checking Benefits
  • Internet-based Financial Services for Community Banks
  • Are You Making a Profit on That Customer?
  • Purchasing Office Supplies and Furniture at Deep Discounts
  • Offer a No-Liability Merchant Card Program
  • Ongoing Loan Audit and Review Services
  • A-rated Loans Yielding 7 to 8%!


  • Strategic Modeling for High Performance: Asset/Liability Management

    The successful performance of a community bank ultimately depends on proper understanding and management of interest rate risk. Sometimes, however, bank management is too complacent about modeling changes in interest rates and the resulting impact on earnings. Many institutions have more complexity embedded in their balance sheets than they realize, and if they rely on simple call-report based ALM reporting systems, they may not be getting the best information on which to base decisions. In the battle for net interest margin, it pays to have a sound decision-making process including a robust asset/liability model.
    More.

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    Preserving Revenue While Changing the Checking Product Line-up

    With a number of financial institutions changing terms on their checking account product lines, many account holders have the potential to be left dissatisfied. This dissatisfaction provides financial institutions with an opportunity that can be managed in two ways: 1) sending carefully segmented and communicated product change notifications to retain profitable account holders, and 2) engaging in opportunistic acquisition campaigns to attract profitable account holder relationships.
    More.

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    Investment in Efficiency

    A few weeks ago, I was given an American Banker article cautioning banks to pay more attention to their income statements from an expense perspective, because it can immediately affect earnings power and consequently the banks’ value. We at Sageworks share this concern and have designed a suite of web-based bank products (no need for additional hardware or expensive server capacity) designed to bring value to our client banks’ bottom lines by investing in efficient decision making and data management processes.
    More.

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    The Threat Within

    While many will say that the internet has done more for knowledge management, global communications, and information sharing than any other effort in the 20th Century, it has also created an enormous series of vulnerabilities that are difficult and expensive to mitigate. According to Gartner analyst Richard Hunter, “more than 70 percent of unauthorized access to information systems is committed by employees, as are more than 95 percent of intrusions that result in significant financial losses”.
    More.

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    In-House UCC Processing v. CSC Services

    CSC provides unique advantages to community banks not currently using a service company for their Uniform Commercial Code (UCC) searches and filings. Most notable is the company’s ability to file UCC documents and process search requests quickly and more accurately than any other service provider. But the question remains: Can CSC actually save you money?
    More.

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    New Photo Card Options Illustrate Cardholder Benefits

    Connecting with people emotionally has been a proven track for effective advertising time and time again. Nothing illustrates this connection more than family photos. Giving cardholders the ability to personalize their debit cards with a photo they choose will create an instantaneous connection to that card, increasing overall card usage, and solidifying them as long term customers.
    More.

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    Increase Sales with a More Effective Approach to Marketing

    You’ve set your goals for 2011 – We’re not talking about those personal resolutions to save money, pay off debts, or stick to a healthy life style. We mean your 2011 business goals. But do you have a solid plan to execute those goals?
    More.

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    Improved Efficiency Through Teller Cash Recycling

    Vertera™ Teller Cash Recyclers from Talaris provide a complete cash management solution for the banking enterprise. The Teller Cash Recycler [TCR] is a system designed to deposit, count, verify, authenticate, secure, dispense and balance currency. Units are configured to be simultaneously utilized by two or more tellers at a time for all transactions in the teller line. The TCR also serves as the automated vault for all branch staff.
    More.

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    The Truth about Fighting Fraud

    Protecting one of your bank’s most important resources — your credit and debit card portfolios — from fraud, identity theft and data compromise has become an indisputable reality of electronic banking.
    More.

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    Compliance Solutions That Help Reduce Compliance Burdens

    As the regulatory environment grows increasingly complex with the passage of the Dodd-Frank Act, community banks are looking for solutions that will help them reduce their compliance burden and make it less complicated. On top of that, they’re looking for compliance solutions that can also help them be more competitive. It’s not enough for a solution or service to simply help them meet regulatory requirements or comply with internal policies and guidelines. They want tools that can help them operate more efficiently and enhance their customers’ experience in addition to improving their ability to capitalize on growing business opportunities.
    More.

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    A Real "One-Two" Punch in the Fight for Fee Income

    2010 brought the banking industry many challenges. Due to federal regulations on bank-overdraft fees banks saw a reduction of fee income, then recently the Federal Reserve Board proposed rules that may dramatically cut the interchange income that a bank can earn from its debit-card program.
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    Online Board Meetings Offer Savings and Safety

    Significant legal and financial responsibilities are constantly placed on the shoulders of directors. And because of this, the need for secure, effective, and timely communication with this unique group of individuals has never been greater.
    More.

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    Reduce Your Bank’s Electricity Costs

    Reduce your bank’s electricity costs! AEM and The Stone River Group offers CBAI member banks a special price based on the projected aggregate load of the entire CBAI membership, plus a 10% discount. Call Don Frontone at 217/737-5811 or Michael Grimes at 314/613-9137.

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    Reward Checking Benefits

    Reward Checking is a checking account program that pays account holders a high rate of interest and refunds out-of-network ATM fees for meeting technology-based banking services requirements that are proven to increase the bank’s fee income and reduce costs. Call Todd Hankin at 866/418-9590, ext. 4534.

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    Internet-based Financial Services for Community Banks

    First Data is a premier provider of Internet-based financial services and products for community banks nationwide. Through a state-of-the-art data center the company delivers a secure, scalable and proven financial product suite. First Data’s products include retail and commercial Internet banking, cash management, automated lending, account aggregation, and dynamic websites. Call Craig Stoppel at 800/419-8804 for more information.

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    Are You Making a Profit on That Customer?

    Are you making a profit on that customer? You need to know the answer and you can have the answer! Marquis is the industry leading MCIF-CRM solution with more than 350 users worldwide. Marquis includes Customer and Product Profitability, Classic MCIF features, Campaign Management, Predictive Product Modeling, a Sales Platform, and an Executive Information System, all standard! CBAI members receive special discounted pricing. Call Sean Cunningham at 800/365-4274 to learn more.

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    Purchasing Office Supplies and Furniture at Deep Discounts

    Midwest Office Supply offers CBAI member discounts of an average of 35% off the purchase of office supplies and furniture. Next-day delivery is always free. Supplies can be ordered by phone, fax, or via the web. Call Steve DeMarco at 866/978-5555 or call Pam Lowrance at CBAI at 800/736-2224 to register your bank on their web ordering site.

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    Offer a No-Liability Merchant Card Program

    Supporting your small business clients’ merchant card processing needs is a fundamental service that community banks can offer. The No-Liability Merchant Card Program is a turnkey service that eliminates risk while enabling the bank to serve its merchant customers. Call Mike Duke at CBAI at 800/736-2224 for more information.

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    Ongoing Loan Audit and Review Services

    Ongoing loan audit and review services by a reputable, professional firm are available to CBAI members at an exclusive discount. Call Jeffrey Rice at 217/459-2921 or email him at
    auditu269@msn.com for more information.

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    A-rated Loans Yielding 7 to 8%!

    Triad delivers A-rated loans yielding 7 – 8%. Its underwriting expertise and the establishment of a cash reserve greatly diminishes credit risk to the community bank. For more information, please call Darrell Boyd at 270/748-7702.

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    CBSC is dedicated to helping CBAI members improve their bottom lines and remain competitive by recommending partners that provide “income-generating” products or alternative sources for low-cost quality products and professional services.

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