Michigan Bankers Association Has Made Available Two Programs that can earn your Bank CRA Credits While Providing Support to our Communities

MBA Senior Housing Crime Prevention Foundation Program (SHCPF)

MBA Service Corporation has partnered with the Senior Housing Crime Prevention Foundation as a way for banks to secure qualified CRA credits by supporting nursing homes and HUD venues in the Senior Crime Stoppers program by eliminating elderly abuse, neglect and crime.

This program has resulted in a 92.55% Reduction of Crime and Litigation and a 97% Conviction Rate. It provides seniors and the infirmed with a sense of Security by providing:

• Tip Line with guaranteed anonymity
• Cash Rewards
• Personal Lock Boxes for residents to prevent theft
and
• Eliminating fear

In addition, the direct benefits to the bank are:

• Several dollar-for-dollar CRA Credit options; bonds, loan, preferred stock
• No risk or exposure on any dollars for loans/investments
• Short Term Commitment of 5 years
• No loan loss reserve required
• Significant workforce to offer direct deposit, low-cost banking services
• Positive local recognition and publicity

MBASC is proud to partner with SHCPF to provide an opportunity for the banks to gain CRA credits and other benefits, and also help protect their areas most vulnerable citizens; the elderly.

MBA Low Income Housing Tax Credit Program

Reduce federal tax liability through low income housing tax credit investments in the MBA Michigan Community Fund (MCF) through the MBA Service Corporation, in partnership with Great Lakes Capital Fund.

• Low minimum of investment of $250,000
• CRA credits
• The fund supports job creation and stimulates economic activity
• MCF targets investments in high quality, safe and affordable housing for lower income residents in Michigan

"The MBA enthusiastically supports the MCF because it provides a triple bottom line opportunity for our members. By investing in housing credits, banks can reduce their federal taxes, support high quality, affordable priced housing for community residents, and receive CRA credit as well. We encourage our members to ‘Take Credit for Investing in Great Places to Live'.” – Lawrence J. Sauter, President and CEO of the MBA Service Corporation.

Strength through Association

MBA Service Corporation captures the true essence of “Strength Through Association” in all programs, products and services offered. We specialize in bringing individual banks together through consortiums offering:

• Increased fee income and dividend opportunities
• Discounted product pricing
• Enhanced benefits
• Experienced program management
• Superior rated insurance carriers and marketplace access

We can achieve a greater success together than any one could alone. Before making any critical decisions on products, services or insurance for your bank, we encourage you to contact our experienced staff to learn how “Strength Through Association” benefits everyone. Together, we will continue to make a difference.

“Individual commitment to a group effort - that is what makes a team work, a company work, a society work, a civilization work.” -Vince Lombardi