Services You Can TrustJULY 2017

For Community Bankers, By Community BankersFor more information about all of ICBA’s Preferred Service Providers, please visit http://www.icba.org/psp!

BANKER OPTIMISM RETURNING TO PRE-ELECTION LEVELSFollowing the transition to a new presidential administration last quarter, bank leaders were optimistic about the future of the banking industry. However, the results of this quarter’s Bank Executive Business Outlook Survey, conducted by Promontory Interfinancial Net-work, show bankers are much more guarded in their optimism.

Only 46% of respondents now believe that overall economic conditions will improve for their bank over the next 12 months, and 45% believe it will remain the same. This is a drop from the 62% of respondents to last quar-ter’s survey who expected overall economic conditions to improve over the course of 2017. Possible explanations behind bankers’ tempered optimism: the political environ-ment in Washington and the sluggish pace of tax reform and regulatory relief legislation for the banking sector.

Mark Jacobsen, President & CEO of Prom-ontory Interfinancial Network, noted, “The results of this quarter’s survey show that the

overall sentiment of bankers is moving toward pre-election levels and is more in line with surveys prior to the 2016 election, when less than half expected overall economic condi-tions for their bank to improve in the coming year.”

While bankers’ feelings about overall eco-nomic conditions differed greatly this quarter compared to last, the Banker Confidence In-dexSM remained consistent with past results. The Index, which is calculated using results of the survey and which tracks the sentiment of bank leaders based on four questions related to core banking factors (access to capital, loan demand, funding costs, and deposit competi-tion), was 50.4 this quarter versus 50.1 in the fourth quarter, indicating banks are still slightly optimistic about the next 12 months. (Charted on a scale of 0-100, a score over 50 can be read as expansionary. A result below 50 can be read as contractionary).

Read more at http://www.icba.org/psp.

COMMUNITY BANK MINIMIZES DISRUPTION FROM DATA BREACH WITH INSTANT CARD ISSUANCEFarmers & Merchants Bank, headquartered in LaOtto, Indiana and serving 4,000 checking accounts, sought a rapid response card-issuing solution in the event of a data breach. Serving four northeast Indiana locations, the private community bank also required a solution that adhered to EMV®-conversion security stan-dards. Farmers & Merchants Bank adopted CPI Card Group’s instant issuance solution, Card@Once®, which allows the bank to print and issue EMV-equipped cards to custom-ers directly from branch locations within minutes.

After experiencing a second data breach in February 2017, Farmers & Merchants Bank was ready and able to rapidly reissue 798 EMV-enabled debit cards to customers with affected accounts. As of May 2017, within four months of implementing CPI’s instant

issuance solution, the bank printed a total of 1,189 EMV-enabled debit cards across its branches.

The Card@Once® solution supports on-demand printing and issuance of debit cards, allowing customers to visit any branch and immediately receive a new, ready-to-use card upon request. Card@Once® provided Farm-ers & Merchants Bank with a cost-effective, technical edge over local competitors with its Software-as-a-Service (SaaS) model eliminat-ing the need for staff maintenance. Banks of all sizes and branch numbers can have access to next generation card-printing technology and services equipped with latest EMV card security standards – and can choose to imple-ment the solution at one or more locations, based on their needs.

Read more at http://www.icba.org/psp.

FREE PREFERRED SERVICE PROVIDER WEBINARS

Finastra Perspectives 2017 will be held August 28-30th in Orlando, FL!

Fraud Detection & AML Seminars announced, visit https://verafin.com/regional-seminars.

To take advantage of the ICBA /Dell Member Purchasing Plan, visit www.dell.com/icba.

Travelers partners with Symantec to offer cybersecurity services to community banks.

Wednesday, July 262:00pm ET The Top 5 Disaster Risks for Businesses in America – Agility Recovery

Wednesday, August 22:00pm ET Transitioning to Cloud Security – Finastra

PREFERRED SERVICE PROVIDER NEWS

To sign up for these complimentary

webinars and view additional PSP webinars, visit

www.icba.org/psp

ICBA | Services You Can Trust JULY 2017

For more information about ICBA’s Preferred Service Providers, contact Laura Norrell at 800-422-8439 or Laura.Norrell@icba.org.

ICBA Services | 1615 L Street NW, Suite 900 | Washington DC 20036 | www.icba.org/psp | (202) 659-8111 | (800) 422-8439

INSURANCE SOLUTIONS

• ICBA Reinsurance

• Travelers Insurance Property & Casualty, Blanket Bond, and Directors & Officers Liability Insurance Program

• M Benefit Solutions - Bank Strategies Officer Compensation & Benefits, BOLI

FUNDING SOLUTIONS

• Promontory Interfinancial Network, LLC Funding and Liquidity Management, CDARS Service

• QwickRate Marketplace for Non-brokered CD Funding and Investing

• PMA Liquidity Funding Solution

FUNDING

LENDING SOLUTIONS

• ICBA Mortgage powered by Finastra

• iHELP Private Student Loan Program

• Holtmeyer & Monson SBA Lending and Consulting Services

• Farmer Mac Agricultural Lending Program

• Moody’s Analytics Commercial Lending Software

• PayNet Market Conditions Reports and Credit History Reports

FINANCIAL MANAGEMENT

• ICBA Securities

• Fiserv BankAnalyst® Financial and BankAnalyst® Market Tools and Revenue Enhancement Consulting Services

• Deluxe Online Financial Management Tool: Banker’s Dashboard

• 360 View Customer Relationship Management Software

PAYMENT SOLUTIONS

• ICBA Bancard & TCM Bank

• Travelex Foreign Currency Exchange

• Kasasa Reward Checking Program

• Main Street, Inc. Check Manufacturer

• CPI Card Group Credit and Debit Card Manufacturing Program

• ProfitStars Web Design & Hosting, Remote Deposit Capture Solutions

BANK OPERATION & COMPLIANCE SOLUTIONS

• ICBA Strategic Technology Solutions powered by Finastra

• Wolters Kluwer Financial Services’ Lending, Compliance and Regulatory Solutions

• Pitney Bowes Mailing and Shipping Equipment

• FIS Core and Item Processing Program

• Agility Recovery Disaster Recovery Solutions

• MoneyPass Surcharge-Free ATM Network

• Passageways OnBoard Digital Board Portal and Employee Intranets

• Verafin: Cloud-based fraud detection and AML Collaboration Software Management

• Dell / ICBA Member Purchase Plan

• Ncontracts Vendor Management System

• All Covered Virtual Information Security Officer (vISO)