Endorsed Products

The MBA is committed to providing value and savings to its member banks through product and service offerings. Member banks are encouraged to consider these endorsed and sponsored programs. The products and services on this page have been endorsed by the MBA Board of Directors, or the Group Insurance Committee. For information on endorsed and sponsored products, please contact the MBA office at (601) 948-6366. 

Thumbprint Signature Program

The MBA has endorsed the Texas Bankers Association Thumbprint Signature Program in a statewide effort to combat crime by obtaining a fingerprint of any non-customer who wishes to cash a check. The only expense to the bank is the purchase of special ‘inkless ink’ pads, which may be ordered from the MBA. To order, click here.

Senior Crimestoppers Program

Since 1999, the Memphis-based Senior Housing Crime Prevention Foundation has served as a conduit for banks to earn no-risk Community Reinvestment Act credit while achieving above-market yields and helping to fight a problem that plagues our society – the exploitation and abuse of nursing home residents. The mission of SHCPF is to promote a safe, crime-free, high quality of life for residents of nursing homes and other senior housing facilities through its Senior Crimestoppers Program. Banks support this mission by making CRA-creditworthy loans and investments in their communities. By participating in the Senior Crimestoppers Program, Mississippi’s banks can join the banks of 45 other states where this program has been proven to reduce crime against nursing home residents by over 90%. Through endorsement of the Senior Crimestoppers Program, the MBA has adopted the mission of SHCPF. All MBA member banks have the opportunity to support this mission through sponsorship of nursing homes and senior housing facilities in their communities. To speak to a Senior Crimestoppers representative, contact George Clinard at (877) 232-0859.

Overdraft Protection by Strunk & Associates

The Mississippi Bankers Association has endorsed Strunk and Associates, L.P., as the preferred overdraft services vendor. The MBA endorsement includes the well-known Strunk Overdraft Privilege(SM) Program as well as Strunk’s new ODP Plus Program. ODP Plus is a program to review and rejuvenate existing ODP service programs (whether a bank did it themselves, used Strunk and Associates, or any other vendor). The Strunk ODP Plus Program helps any bank to improve their overdraft services.  The endorsement arrangement will provide discounts to MBA member banks which enroll in the program. The MBA will support Strunk’s marketing and educational efforts and will receive income based upon the number and size of banks enrolled and re-enrolled in the program. If you would like to talk with a Strunk representative, please contact Rick Ivey at (972) 576-3703.

CONNECTIONS by MSI

The CONNECTIONS program by Birmingham-based Marketing Solutions Inc. is an Internet-based CRM program which automates many bank sales and marketing functions. A bank that uses the program puts its customer data into a secure online format, and the software does the rest. Bankers can pull useful data from CONNECTIONS to produce reports analyzing account demographics, trends and profitability. Banks that sign on to CONNECTIONS can use it system-wide to evaluate customers’ banking needs and automatically deliver information to customers about products to meet those needs. As a follow-up, banks can track prospects and customer responses to its marketing efforts. The online system ensures that employee referrals are credited to the right person, making incentive plans easier to manage. For more information, see the link above. Under the endorsement, MBA member banks will receive discounts off monthly fees payable under the program, and the Association will receive royalties and other compensation. The MBA will work in support of MSI’s marketing efforts.

Fraud-Net

Fraud-Net, the MBA-endorsed online computer network, is used to combat financial crimes. Since its MBA endorsement in August 2005, 82 MBA member banks and 61 law enforcement agencies have signed on as users. In addition, eight credit unions are users due to a financial arrangement between MBA and the Mississippi Credit Union Association. Fraud-Net allows bank personnel and law enforcement to exchange reports on incidents of fraud and robbery, and to track reports in a secure computer network. It aids investigations by allowing reports to be sorted by type, geography and other categories. The MBA provides Fraud-Net as a member service free of charge to all member institutions and law enforcement agencies.  Fraud-Net is available at no charge to member banks.  To join, click here.

Clark Consulting

Clark Consulting leads the industry in providing tailored executive benefit programs and strategic financing and investment solutions that help banks manage risk, optimize earnings, improve shareholder value, and realize key financial goals. Its consultative approach has benefited nearly 2,000 financial institutions and their shareholders nationwide for over 25 years. Clark Consulting’s customized products and services and multiple client solutions include placement of Bank-Owned Life Insurance (BOLI), nonqualified deferred compensation plans and asset administrative solutions. For more information about how Clark Consulting can help your bank, please call Bill Cunningham at 205-968-3255 or  or Senior Vice President Sales, Mike Schaefer at (800) 774-3073.

ABA-Sponsored Insurance Program

Insuring banks for nearly twenty-five years, this unique MBA-endorsed insurance program provides D&O, bond and related coverages from an A.M. Best A+ rated carrier. Banker owned and directed, the program offers the opportunity for participation in a profit-sharing program which has declared $71.5 million in total distributions to participating banks.

America's Promise Program

Many of Mississippi's banks are so-called Banks of Promise, participating in one of the largest youth-assistance movements in the nation, headed by Ret. Gen. Colin Powell. The program is managed through the American Bankers Association. Visit the ABA and America's Promise Main Page.