“We were very pleased with the results of the strategy Econocheck recommended for us that delivered new fee income and great checking value to our customers. Everybody wins.” Michael Copeland, President/CEO, Fairfield National Bank
Econocheck - NEW!
Implementing a new benefit-enhanced checking solution will generate significant fee income while providing value-added services that your customers will thank you for including in their checking account. Sound like a fantasy? Econocheck's Relationship Checking Programs and strategies makes that fantasy a reality. Banks report earning up to $60 per year in net profit per DDA, and CBAI members receive preferred pricing on the secure checking package. Customers also receive cell phone protection, identity protection, online and mobile shopping discounts and more.
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.
Springfield, IL. (April 18, 2018)---Today, during the CBAI’s 34th Annual Capital Conference luncheon, BankOnIT (BOIT), CBSC’s Preferred Provider for managed IT services, announced that it will donate $200 to CBAI’s Community BancPAC for every member bank CEO that visits BOIT’s Oklahoma City facilities and participates in a CEO roundtable discussion focusing on cyber security. “BankOnIT is seriously committed to providing a more secure and reliable IT operating environment than community banks can create on their own. We fully support community banks efforts to pass legislation that helps them better serve their customers” said Robert Mendez, EVP, BankOnIT. Beginning today, BankOnIT is offering to host groups of 5 to 6 CBAI member bank CEO’s at its headquarters in Oklahoma City, Oklahoma. Upon arrival in Oklahoma City, the attending CEO’s will participate in discussions focusing on today’s information technology security challenges, meeting information technology regulatory expectations, tour of BOIT’s impressive, state-of-the-art facilities, followed by open discussion over lunch. The one-day trip generally takes less than 8 hours. “Two years ago, I accepted Robert’s invitation and flew to BOIT’s Oklahoma City facility” said Gregg Roegge, CBAI Chairman and President of Rushville State Bank. “I didn’t think I had a need at the time. I simply wanted to learn more about improving IT security at my bank. Following my visit, I learned that were significant gaps in my bank’s IT security. I also learned that my bank did not have the staff or resources to provide the same level of security and efficiencies in technology management that BOIT provides for community banks.” He concluded, “We’ve been BOIT clients now for about a year and are completely satisfied. Taking the trip to BOIT took one-day, but it was one of the best days I’ve spent out of the office.” To schedule a visit to BankOnIT, please contact David Wilcox at dwilcox@bankOnITusa.com or at 405-615-7625, or Jef Radtke at jradtke@bankOnITusa.com or at 262-388-3458.