Illinois Bankers Association

Preferred Vendors

Each preferred vendor is carefully researched and approved by the Illinois Bankers Business Services, Inc. (IBBS) Board of Directors - selected by bankers for bankers - to ensure quality, consistent product and service delivery. IBBS offers a full line of products and services to meet your bank's needs.

ABA Insurance Services

 

ABA Insurance Services, a Great American Insurance Group member, provides D&O, bond, and cyber insurance to financial institutions, including in organization trust companies and banks, through IBA’s Preferred Vendor program. Our highly regarded and experienced underwriting and claims professionals know about banking operations. We help mitigate risks by providing valuable loss control resources such as SafeTalk® newsletters, SafeAlert® bulletins, and webinars. With over 30% nationwide market share, the program has been a market leader supporting the banking industry for over 30 years. The program’s primary reinsurer, American Bankers Mutual Insurance, Ltd., has declared over 30 consecutive distributions to eligible banks, totaling nearly $100 million. P&C and Excess insurance, as well as STAMP surety bonds, are available from ABA Insurance Services.

APPI Energy

 

APPI Energy provides IBA members with a comprehensive way to reduce energy expenses and minimize budgetary risks. Our procurement services negotiate with suppliers to offer ideal pricing and contract terms to fit your specific needs. In addition to competitive energy procurement, APPI Energy also provides efficiency and sustainability solutions, such as LED lighting retrofits, benchmarking programs, energy reporting systems, and facility audits. Our holistic energy services provide financially and functionally vetted solutions to decrease energy costs, reduce demand, and improve resiliency and sustainability. We are here as a true extension of your team.  

Jamie Polend
667-330-1158
www.appienergy.com

Ascensus

 

For more than 40 years, Ascensus has delivered comprehensive IRA and HSA solutions and education to the banking industry. The firm's solutions offer capabilities to streamline operations while maintaining regulatory compliance.

Ascensus helps people save for what matters—retirement, education, and healthcare. The firm offers tailored solutions that meet the needs of financial institutions, state governments, financial advisors, employers, and individuals. Ascensus supports more than 114,000 retirement plans, more than 6.2 million 529 education savings accounts, and a growing number of ABLE savings accounts. It also administers more than 1.5 million IRAs and more than 701,000 consumer-directed health (CDH) plans. As of September 30, 2021, Ascensus had more than $412 billion in total assets under administration. For more information about Ascensus, visit ascensus.com.

Mike Bush
218-825-5220
www.ascensus.com

BankMarketingCenter.com

 

BankMarketingCenter.com is a web-based marketing portal that empowers banks to produce professionally designed, bank-branded marketing materials in a matter of seconds. With thousands of successful marketing materials and over 9 million stock photos, it puts you in complete control of the ad production process, saving valuable time and money. 

Neal Reynolds
404-943-1632
www.bankmarketingcenter.com

BankTalentHQ

 

BankTalentHQ is the premier talent management site for financial industry careers, brought to you by an alliance of state banking associations working together. Finding and keeping top talent is high on the list of challenges banks face, and the solution is BankTalentHQ! Whether you are looking for a job with a financial institution, or you are an employer with a position to fill, BankTalentHQ is here to help. Continue furthering your banking career, or increasing the success of your staff, by interacting with our BankTalentHQ coaches and checking out the information on the Career Outlook and Colleges & Universities pages. Talent Gathers Here!

 

Brian Hoffman

217-789-9340

www.banktalenthq.com

BHG Financial

 

BHG Financial is transforming the financial industry, leveraging the power of data, analytics, and cutting-edge technology to become the number one source for professional loans but the creator of the largest community bank network in the country. 

Since 2001, BHG Financial has originated nearly $9.4 billion in loan solutions to top-quality borrowers, which community and midsize banks can access via our state-of-the-art loan delivery platform: The BHG Loan Hub. Building on nearly two decades of innovation, the BHG Bank Network Membership offers a full suite of programs that span business, consumer, and SBA 7(a) loans, collection services, risk management services, and point-of-sale financing with a focus on patient lending. To date, over 1,300 bank partners have trusted in this program as a proven source of interest income and diversification for their bank. 

With record growth year after year, BHG Financial continues to be recognized regionally and nationally: earning a spot on the Inc. 5000 for 14 years running, and receiving accolades from Great Place to Work® and Fortune magazine, among others. BHG Financial is 49% owned by Pinnacle Bank (PNFP), a $36.5 billion asset bank, and has headquarters in Davie, FL, and Syracuse, NY.

Nellie Szczech
EVP, Institutional Relationships
315-383-9648
ilba.bhgchoice.com

Cardinal Board Services

Cardinal Board Services is a board search firm aiming to meet the unique needs of institutions within the financial services industry. Backed by their 25-year history, they strive to assist banks in overcoming the challenges associated with the organization of the Board and the recruitment of new Directors or Advisors. If your bank meets any of the following criteria, Cardinal Board Services would be a great partner for you:

  • Searching for diversity on your board in terms of age, geography, gender, etc.
  • Currently in the midst of an acquisition
  • Family owned bank that is looking for new perspectives for your board
  • Looking to build a succession, or reevaluation, plan for current members of your board

Cardinal Board Services is capable of delivering exceptional results by positioning your bank for long-term success, during these challenges, through the placement of key board members. Not only does Cardinal Board Services assist you with board formation, recruitment, and diversity, they will also guide you in board compensation and provide board consulting. You can be confident in your decision of trusting Cardinal Board Services to create the optimal architecture for your Board of Directors to best serve your company for the long term. 

Jim Zuehlke   
952-314-4636 

Charlie Roer
336-691-0626

www.cardinalboardservices.com

Deluxe Banker's Dashboard

 

Banker’s Dashboard unlocks a culture of performance management for community banks of all sizes. Arm your management team and staff with the daily financial information they need to make critical decisions that improve performance and profits. Get your hands on the tool our CFOs bring with them when they move to a new bank.

Bob Reid
574-261-9333
https://www.deluxe.com/business-operations/bankers-dashboard/

Deluxe Financial Services

 

 

Success in the financial arena today means being flexible to your account holders' ever-changing demands and preferences. At Deluxe, we strive to be an indispensable partner to financial institutions and the small businesses they serve. We help unlock business potential with our Trusted Payments & Business Technology™ solutions to help you pay, get paid, and grow. Whether you want to optimize your check program, have better access to your financial institution's performance, drive revenue, or create long-lasting customer relationships, Deluxe is the partner who can help you achieve success.

Bob Reid
574-261-9333
www.deluxe.com

EPIC Retirement Plan Services

 

The IBA 401(k) powered by EPIC Retirement Plan Services (formerly ABG Retirement Plan Services) uses a Group Investment Trust which pools the assets of participating plans.  This provides scale and purchasing power resulting in reduced pricing of plan administrative services and investments.  Full fiduciary protection for a plan sponsor is provided by a 3(38) Investment Manager and a Discretionary Trustee.  And unlike a MEP, each adopting plan operates individually allowing for customized plan design best suited to each employer.  Ask us for a no-cost, independent analysis of your current retirement plan to see how it compares to The IBA 401(k).

 

Patrick Bearss
309-397-5039
www.epicrps.com

Evolv

 

 

Evolv, Inc. offers a complete menu of payment processing and digital marketing solutions to businesses of every size and industry type. Since 1997, we've empowered firms across the nation to accept payments safely and efficiently. Our full suite of payment processing and digital marketing solutions increase sales while decreasing costs and mitigating risks. Our friendly and reliable in-house customer service supports our solutions.

 

Our Merchant Solutions

- Credit, debit, and gift card acceptance

- Non-cash charges, including convenience fees and cash discounting

- Robust point-of-sale systems

- Contactless smart terminals

- Invoicing, ACH, and online billing

- Ecommerce shopping carts

- Website development

- Social media management

- Reputation management

- Paid online advertising

- Search engine optimization


Joy West

540-235-7111
poweredbyevolv.com

Floodplain Consultants (FCI)

 

Floodplain Consultants (FCI), a flood zone certification provider, provides service and accuracy via a site visit policy on all borderline properties, at no additional charge. By partnering with clients, FCI reduces staff workload, increases customer satisfaction, reduces the risk of costly compliance problems and helps improve the lender’s bottom line.

Craig Callahan
800-945-0246
www.floodplain.com

interface.ai

Interface 

interface.ai is a market leader providing out-of-the-box Intelligent Virtual Assistant (IVA) that acts as a “personal bank teller” to help customers 24x7 through every step of the journey from being a prospect to achieving financial wellness. interface.ai’s AI-powered call center, where the IVA is available on the call center channel, has been revolutionizing financial institution call centers by transforming the call center from a cost to a revenue center.

interface.ai powers several financial institutions across the globe and processes millions of conversations every day. interface.ai enables millions of dollars in ROI for its customers every month. For more information, please visit www.interface.ai. 

John Garey

262-278-3887

www.interface.ai

Investors Title Insurance Company

 

Over the last five decades, Investors Title has partnered with over 500 financial institutions to establish lender-owned title insurance agencies, providing a profitable fee income opportunity and superior products and services. Our partners benefit from reliable, diversified, and profitable revenue streams. Our agency program offers affiliates a reasonable, often superior return on investment for little risk. In addition, regulatory requirements specify standards for both title insurance agents and financial institutions. Our lender-owned title agency model demonstrates a commitment to such standards through ALTA Best Practices and RESPA compliance, focusing on exceptional service and solution-driven products for our partners and customers.

Affiliate-owned agency in Illinois is managed and underwritten by Investors Title.

In addition to its main office in Springfield, IL, Real Estate Title Center, known locally as The Title Center, serves Illinois through its ten branch offices spanning from Quincy in the west, Champaign in the east, Peoria in the north, and Edwardsville in the south. They have over 30 owners and a robust and dedicated staff with 300 years of title, settlement, construction, and escrow experience.


The agency’s strong focus on superior customer service and operational efficiencies is the hallmark of its success.

The Title Center has built a team of experts who offer innovative business solutions, exceptional products, and excellent customer service. They pride themselves in consistently delivering outstanding title and settlement services to financial institutions, lenders, attorneys, realtors, and builders doing business in Illinois. They also coordinate and underwrite even the most complex local and out-of-state commercial transactions.

Services include:

  • Residential and Commercial Title Insurance
  • Closing Protection Letters
  • Comprehensive Settlement Services
  • Remote Closing Ability
  • Facilitation of Deed Preparation
  • On-Site Certified Commercial Underwriters
  • 1031 Like-Kind Exchanges
  • Construction Disbursement Services

Dana Lyons
217-622-0299
www.invtitle.com

KeyState Captive Management

 

KeyState offers banks with over $750 million in assets the opportunity to form a wholly-owned captive insurance company through its Bank Captive Program. A captive insurance company or a legally licensed limited purpose property and casualty insurance company can

 

- Augment a bank's commercial policies by covering the existing commercial deductible layers; 

- Increase coverage levels on existing policies (excess layers); and

- Identify and insure other currently unfunded risks where commercial insurance is not available to the bank.

 

Through a captive program, banks can:

Improve their enterprise risk management;

- Better manage unfunded risks; 

- Formalize a self-insurance program;

- Realize efficiencies and savings related to insurance expenses and loss mitigation; and

- Take advantage of a small business incentive available under a section of the Tax Code.

 

What makes KeyState's Bank Captive Program different from its competitors? The primary differentiator is our deep knowledge and expertise working with banks and their regulators in evaluating structures and responding to regulator inquiries. The Bank Captive Program is the only captive solution in the country designed and managed for the sole benefit of community banks throughout the United States.

Travis Holdman
260-227-0265
www.key-state.com

Liquid Capital

 




Established in 1999, Liquid Capital provides alternative financing solutions to business to business companies. Financing programs include, accounts receivable factoring, purchase order and work-in-process (WIP) financing as well as asset-based loans. We address issues such as constrained cash flow, supplier payments and leveraging receivables and hard assets for a revolving line of credit. With a North American footprint and substantial capital availability, Liquid Capital has provided over $3 billion in financing transactions. We work with a wide spectrum of industries, ranging from newer companies and those that have been around for generations. Our business model is relationship based combined with a high level of service.

In addressing the needs of banks and their lenders, Liquid Capital developed the Bank Alliance Program. In a bank’s ongoing efforts to attract and retain customers, being able to differentiate the bank in a highly competitive marketplace, is a key objective. Having a diverse portfolio of financing solutions, traditional and alternative, allows the bank to address a variety of scenarios, enhance their image and message and greatly improve their ability for customer acquisition and addressing the needs of current customers.

The Bank Alliance Program is a collaborative effort between the bank and Liquid Capital to design a strategic program built around the bank’s needs and preferences and that will complement and enhance current and/or evolving business plans. Customization can include “White Labeling” the program if desired, to meld with the bank's branding and imaging. The program also provides an additional revenue stream through referral fees for closed financing transactions.

With the Bank Alliance Program, the bank has the ability to:

Offer More - Do More - Be More

Tom Stamborski 
847-842-3300
www.liquidcapitalcorp.com

ODP Business Solutions

 

When it comes to running a business, there’s always one thing you can count on: change. That’s why staying agile, adaptive, and ahead of an ever bending curve is so important. You need more than a supplier in your corner. You need a collaborator with the power to deliver on big initiatives, plus the focus to notice the smallest details. The Office Depot® Business Solutions Division will be rebranded to ODP Business Solutions, a leading B2B solutions provider serving small, medium, and enterprise level companies during the second quarter of 2022. Work has changed, and we’re evolving our focus to focus entirely on your business needs. 

Kimberly Gilbert
Phone: 855-337-6811 ext. 12815
http://www.odpbusiness.com/

SBS CyberSecurity, LLC

 

SBS CyberSecurity, LLC (SBS) is a premier cybersecurity consulting and audit firm. Since 2004, SBS has been dedicated to assisting organizations with the implementation of valuable risk management programs and to mitigating cybersecurity risks. The company has provided cybersecurity solutions to thousands of organizations across the United States and abroad, including financial institutions ranging in asset size from $12 million to over $130 billion. SBS delivers unique, turnkey solutions tailored to each client’s needs, including risk management solutions, auditing, and education. SBS CyberSecurity empowers customers to make more informed security decisions and trust the safety of their data. 

Chris Damato
224-297-1557
sbscyber.com

Strategic Resource Management (SRM)

 

SRM (Strategic Resource Management) has helped more than 1,000 financial institutions add $5+ billion of value to their bottom line in areas such as payments, digital transformation, core processing, artificial intelligence, and operational efficiency. SRM’s decades of experience have lowered costs, grown revenues, increased productivity, and provided a competitive edge for clients in an environment of constant and accelerating change. Visit www.srmcorp.com for more information and follow us on LinkedIn and Twitter for timely and relevant insights.

Jason Berman

Regional Vice President

509-368-0057

jberman@srmcorp.com

www.srmcorp.com

UFS, LLC

 UFS

 

UFS, a proud IBA Preferred Vendor, is a bank technology outfitter with a simple promise to make technology work for community banks so they can focus on banking.

 

Owned by community banks, partnering only with banks, regulated like a bank, and heavily staffed with former bankers, UFS is accountable for providing purpose-built technology solutions that empower banks to thrive and achieve their own unique goals.

 

Founded in 1991, UFS has been improving regulatory compliance, driving efficiency, and thwarting cybercrimes with innovative solutions such as:


Managed IT Services

- IT Regulatory Compliance

- Cybersecurity as a Service

- Regulated Cloud Hosting

- Core Banking

- Digital Banking

- and more

  

Chris Soyke
Director of Marketing and Business Development
262-376-3000
www.ufstech.com