The MIB Association
MSU Community Banking Program
MIB is pleased to announce that the Association has teamed up with Montana State University to create and implement a community banking program for MSU students. This program is an exciting development for Montana’s community banking industry. MIB is collaborating with the Montana State University Jake Jabs College of Business and Entrepreneurship (JCBE) to develop a curriculum that will prepare MSU students for work in Montana’s community banking industry. MIB is pleased to provide the initial seed money for the program, which will be used by MSU to develop coursework relevant to the business of community banking; to build a foundation for MSU students to learn about community banking, to institute a collaborative system by and between the JCBE and Montana community banks.
MIB is particularly excited about that portion of the program that creates a statewide internship for those students involved. The internship program will bring students from the classroom into participating community banks, where the students will begin building hands-on knowledge of the industry. This program has already been done on a trial basis, and has proved to be successful in matching the student with a job in the industry. MIB believes this program will be an excellent tool for MIB’s member banks to train young Montanans for a career in the community banking industry and create a pool of qualified employees for Montana’s community banks.
MIB has arranged with MSU for its member banks to be able to contribute sponsorship funds which will be used to provide named scholarships for students in the Community Banking Program. As designed, this program provides MIB member banks with a meaningful opportunity to meet and interact with students who have chosen banking as their career of choice. Further, the program provides MIB and Montana’s community banks with positive exposure to the MSU community and students.
If you are a community bank in Montana, we encourage you to consider sponsoring a scholarship and offering a summer internship opportunity at your bank.
Community banking plays a vital role in Montana’s communities. And, as evidenced by the development of the MSU community program, MIB continues to be on the forefront of promoting the interests and values of Montana’s community banks.
For more information about this program, including sponsorship opportunities, view and download the MSU Community Banking Program Brochure or contact Jackie Sather, Senior Director of Development at MSU.
You can also learn more information about the program by visiting the Jake Jabbs College webpage linked here http://www.montana.edu/business/finance/community-banking-bank-info.html
For more information about the internship component, view and download 2021 Banking Internship Information or contact Tim Harvey, Instructor of Finance and Accounting at MSU’s Jake Jabs College of Business and Entrepreneurship.
The MIB Association
1-Year-Round Lobbying and Legislative Representation. When relevant issues arise in state and federal legislation and rules, MIB is there to defend the interests of Montana’s community banks
2-Quarterly Issues of The Community Banker, MIB’s professional magazine that is by Montana’s community bankers, for Montana’s community bankers
3-Monthly Newsletters keeping you abreast of current issues and events
4-Free Bank Listing on our website, in our magazine, and in other MIB materials
5-Reduced Registration for MIB conventions, seminars, and events
6-Professional Networking with other Montana community bankers
7-Close Connection with ICBA, the national voice for community bankers
8-Member Bank recognition and bank website marketing through MIB’s member digital marking campaign.
The MIB Association
The Community Bankers for Compliance Program
Montana Independent Bankers is proud to offer the popular Community Bankers for Compliance (CBC) Program presented by Young & Associates, Inc. This comprehensive program provides small banks the support they need to meet government regulations through live seminars here in Montana, quarterly webcasts, monthly e-newsletters, comprehensive manuals, access to banking forums on their Members Only website, and a toll-free hotline to compliance experts. This program is heavily subsidized by MIB in order to give our members and associate members greatly reduced rates–in fact, they are the lowest rates in the nation for this program. Banks that are not yet members of MIB are also welcome to register for this fantastic compliance program. Sign up now!
Discounted Services with Anderson ZurMuehlen & Co., P.C.
Thanks to a new agreement with Montana-based accounting firm Anderson ZurMuehlen & Co., P.C., MIB Members are eligible for the following services:
- Quarterly Board packets, free to MIB members, that contain training information for directors of Montana’s community banks. Sample board packets can be viewed below.
- Customized in-house or webinar training by Anderson ZurMuehlen consultants.
- Biannual banking roundtables facilitated by Anderson ZurMuehlen, which will cover various issues banks are currently facing.
- 10% discount on all services to MIB member banks who obtain Anderson ZurMuehlen’s services through MIB!
Anderson ZurMuehlen offers professional consultation in the following areas:
- Financial Statement Audits
- Compensation and Benefits Consulting
- Internal Audits / Compliance Exams
- Board Training
- HUD Compliance Audits
- Succession Planning
- Employer Benefit Plan (ERISA) Audits
- Management Consulting
- Loan Reviews
- Risk Management
- Stress Testing
- IT Risk Management
- Tax Return Preparation
- Acquisition Consulting
You can view these member benefits and other financial services offered by AZ consultants here. For more information, contact Angela Murdo, Senior Manager, at email@example.com or (406) 442-1040.
Discounted CBWN Webinar Registration
MIB members receive discounted registration rates for Financial Education & Development’s popular Community Bankers Webinar Network webinars. Not only this, a portion of each registration is returned to MIB as royalties, which in turn fund our services and benefits.
- Live or Archive Webinars: $230 for MIB members, $300 for non-members
- Live + Archive + CD Webinars: $350 for MIB members, $425 for non-members
By utilizing these webinars, you provide your your staff with affordable, quality, in-house training, patronize a Montana-based company, and support MIB’s services. Register for webinars today!
Royalty-Generating Insurance Policies
PayneWest Insurance (PWI) sends MIB, a Montana licensed insurance agency, a percentage of premiums charged by and commission income received from insurance companies for policies placed by PWI for Montana banks. This income enables MIB to expand our member benefits and services. PayneWest Insurance is a Montana-based, employee-owned organization that represents nearly every insurance company available that offer bank coverage. This benefits the MIB members with better coverage, a competitive price, and fair claims settlement by knowledgeable bank specialists. PayneWest personnel are located in 16 offices throughout Montana and they are interested in offering the following services to MIB members in addition to standard insurance coverage:
- Banking-Specific Coverage:Directors and officers liability including regulatory liability
- Bankers’ professional liability including lenders liability
- Employment practices liability
- Cyber liability insurance
- OREO coverage
- Forced place coverage
- Bankers blanket bond including customer account takeover and computer crime
- Repossessed and foreclosed liability
- Mortgage impairment
- Environmental damage claims and remediation of premises
- Borrower Insurance Questions and Review
- Vendor Contract Review to Mitigate Uncovered Losses Caused by Outsourced Vendors
- On insurance certificates to protect the collateral interest of the bank
- Protecting the collateral interest of borrower’s builders risk polices
- Review of risk exposures by industry to avoid uncovered insurance losses
- PWI Loss Control Staff On-Site to Reduce Losses Within Bank Operations
- Claims Advocacy Staff to Help Provide Fast and Fair Settlement
- MIB Will Receive 2.5% of All Premium Placed with PayneWest
Dell-ICBA-MIB Member Purchase Plan
The Independent Community Bankers of America® (ICBA), and Dell announced an agreement providing benefits to community banks. Through this relationship, MIB community bank members will be able to take advantage of preferred pricing on computer equipment such as workstations, servers and laptops. Hardware covered under the agreement includes workstations, laptops, ultrabooks, desktops, servers, printers, electronics and accessories as well as services and software. MIB members will also have access to a dedicated account executive familiar with ICBA’s program who will advocate for them with appropriate Dell teams, including technical experts from all of Dell’s brands and product lines. To take advantage of these savings, visit www.dell.com/ICBA or click on the button above.
Discounts and Special Offers Available through National Purchasing Partners
Take advantage of exclusive discounts and special offers now available to MIB members through National Purchasing Partners (NPP). NPP negotiates discounted pricing from prominent companies to help MIB members save money on their everyday purchases. Products include office supplies, maintenance and shop supplies, travel, legal assistance and more. To learn more about the saving opportunities now available to you, register at www.mynpp.com. Once you submit your registration you will receive a confirmation email and be contacted by a NPP representative to explain how the program works. For help registering or questions regarding discounts please contact: 800.810.3909 / firstname.lastname@example.org.
Discounted MIB Convention Registration
MIB members and associate members receive reduced registration fees to our popular annual MIB Convention & Tradeshow, held each July at Montana’s finest resorts.
- MIB Members: $300 for the first delegate, $225 for additional attendees, and $125 for spouses and guests
- MIB Associate Members: $425 for exhibitors, $325 for non-exhibitors, $225 for additional attendees, and $125 for spouses and guests
- Non-Members: $625 for exhibitors, $425 for non-exhibitors, $325 for additional attendees, and $125 for spouses and guests
BANK PROMOTION THROUGH MIB’S DIGITAL MARKETING CAMPAIGN
As authorized by the MIB’s board. MIB is running an association-sponsored digital campaign on behalf of our member banks. The MIB has retained the Blodgett Marketing group of Polson to move this new member benefit forward
The ad campaign kicked off in May of 2021 in the Billings and Glendive Markets. The campaign is designed to drive traffic to the MIB webpage and then to our member banks webpages in the relevant geographic area.
A landing page has been added to the MIB webpage and is linked here
a sample of a digital ad photo involved in the campaign is as follows: