Why I Did It Podcast

Every day, community bankers are faced with decisions regarding which new programs their bank should offer that will generate more revenue, attract new customers, reduce expenses, or improve security. Then, they must determine how to select the best vendors. Navigating the journey can seem overwhelming. Sometimes, it helps to have a friend who has been through a similar experience.

Why I Did It, a new video-podcast created by CBSC, seeks to help community bankers learn from the experiences of fellow community bankers who are willing to share their stories about why they implemented new services or programs, how they selected a vendor, the implementation process, as well as tips to make the change a success.

September 15, 2024
Episode Eight: Andrew Black, President & CEO, Princeville State Bank
Andrew discusses the many benefits of joining the CBAI 401k MEP (greater efficiencies and transferring fiduciary liability). View episode eight





August 12, 2024
Episode Seven: Kim McKee, President & CEO, North Central Bank, Hennepin
Kim discusses the tax-advantaged benefits of investing in BOLI; why they chose to share the death benefit with covered executives (it helped a family cope with the loss of a loved one); and how it has helped them recruit and retain key personnel. She also explains how she chose her BOLI advisor (Risk Strategies|IZALE Financial Group) and why she is convinced they are the best in the business. View episode seven





July 24, 2024
Episode Six: Kevin Day, President & CEO, State Bank, Waterloo
Kevin describes why his bank selected a new Managed Service Provider (MSP), the cost savings (it’s huge!) the conversion process (your former MSP can make it easier), and customer service (very responsive). Additionally, he offers advice on managing MSP contracts. View episode six





July 15, 2024
Episode Five: Andy Tinberg, President & CEO, CNB Bank & Trust, N.A.
Andy explains why his bank pioneered offering the new CBSC Beneficial Ownership Information filing service solution and his small business customers’ response. It’s been overwhelmingly positive. View episode five





July 3, 2024
Episode Four: Mike Estes, Chairman, Fisher National Bank
Mike explains how his bank has used the CBAI 401k Multiple Employer Plan (MEP) to help his bank’s current and prospective small business customers comply with the state’s Secure Choice Plan retirement mandate. View episode four





May 16, 2024
Episode Three: Doug Parrott, President and CEO, State Bank of Toulon
Doug describes how SHAZAM responded to a skimming fraud incident saving his bank, and other area banks, an untold amount of money in potential fraud losses, and why he has been a customer for 42 years. View episode three





May 2, 2024
Episode Two: Rich Eckert, President and CEO, Beardstown Savings, sb
Rich discusses IT security, his decision to upgrade vendors, and delivering IT security to his bank’s small business customers. View episode two





April 18, 2024
Episode One: Mark Field, CEO and Chairman of the Board, Liberty Bank
Mark discusses why he chose to leave a well-known and well-established nationally recognized digital banking service provider to pioneer the creation of a new digital service. View episode one

ABOUT CBSC

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. Contact CBSC today and share in the savings.