Four Michigan Banks Win 2014 MBA Marketing Awards
Each year, the MBA recognizes exceptional and innovative marketing campaigns created by Michigan banks. This year, we had tremendous participation by members, nearly 40 banks submitted entries. The 2014 recipients are:
- Print: Monroe Bank & Trust, Monroe, MI
- Public Relations: Monroe Bank & Trust, Monroe, MI
- Digital and Electronic: ChoiceOne Bank, Newaygo, MI
- Broadcasting, TV or Radio: Isabella Bank, Mt. Pleasant, MI
Attendees at the 2014 BEST conference in Traverse City decided the winners. Thank you to everyone who entered and everyone who voted for making the awards process so successful.
Dennis Koons Discusses Credit Card Safety
In the wake of recent data breaches and the "Heartbleed" bug, MBA president and CEO Dennis Koons discusses how credit and debit card users can keep their information safe with WILX-TV in Lansing. View the interview, here.
CFPB Releases Guides for Caregivers and Fiduciaries
The Consumer Financial Protection Bureau released four guides for those charged with handling money on another’s behalf. The guides -- which cover powers of attorney, court-appointed guardianship, trusteeship and designated payees for government benefits -- outline responsibilities of those who handle the affairs of the millions of elderly Americans who use the assistance of a financial representative.
The guides cover how to act in another’s best interest, how to manage property and funds, how to keep funds separate and how to keep clean records. They also focus on fiduciaries’ role in spotting and preventing elder financial abuse. Download the guides.
We need your input. Please advise us immediately—email or call any of the MBA team to advise if you received a similar letter.
At least one MBA member bank, we believe others, received a demand to pay a license fee for its ATMs based upon alleged patents held concerning certain ATM automated services. While perhaps new to Michigan, this activity is well known across the nation in our industry and others. The practitioners are known as “patent trolls.”
MBA Announces 2014 Financial Literacy Awards
The best customer is a well-informed customer. Each year, the MBA selects recipients for its Financial Literacy Awards. It is a state wide program promotes the countless hours that banks invest in their communities. Winners are chosen and the coveted crystal apples were presented at the MBA BEST Conference April 9-11 in Traverse City.
The recipients of the 2014 MBA Financial Literacy Awards are: Bay Port State Bank, Chemical Bank, Citizens National Bank, County National Bank, Monroe Bank and Trust, National Bank, Isabella Bank, and Thumb National Bank & Trust Company. For details, visit here.
Eric L. Eishen Selected as 2014 Banker of the Year
The Michigan Bankers Association selected Eric L. Eishen, CEO of Sturgis Bank & Trust Company as its 2014 MBA Banker of the Year.
“We are proud to select Eric Eishen for the MBA Banker of the Year Award. His dedication to the banking industry, the MBA and to Sturgis and the surrounding communities has been exceptional,” said Deborah Smith-Olson, Board Chairman of the Michigan Bankers Association. Read the full story, here.
2013 MBA Perry Schools of Banking Graduates
This past May, 13 bankers graduated from the MBA Perry Schools of Banking. They completed a three year program with a curriculum covering all functional areas of banking. The school is offered every May for one week, for three years. Join us next year May 19-23, 2014!
Protect Your Pocketbook: Tips to Avoid Financial Exploitation
In partnership with N4A, the National Center on Elder Abuse (NCEA) created a “Home for the Holidays” Campaign Focusing on Preventing Financial Exploitation of Older Adults. The campaign encourages family discussions to ensure the financial safety and security of older loved ones. The consumer guide, Protect Your Pocketbook: Tips to Avoid Financial Exploitation, shares ways to avoid financial fraud, signs of exploitation, and services to contact for assistance. More information.