Michigan Bankers Association announces strategic alliance with Bank Financial Services Group

The Michigan Bankers Association, through its for-profit subsidiary MBA Service Corporation, is pleased to announce a strategic alliance with Bank Financial Services Group. Bank Financial Services Group is a national organization dedicated to serving community banks in the design, implementation and administration of executive benefit plans and Bank Owned Life Insurance (BOLI) financing.

Through an extensive review, Bank Financial Services was found to have a strong reputation of providing creative solutions in the design of supplemental executive benefit programs. In today’s challenging environment, Bank Financial Services has been highly successful in improving the yield and credit quality of existing BOLI portfolio’s of MBA member banks. Bank Financial Services’ Michigan representative, Tom Armstrong, is committed to providing professional and personalized service to Michigan community banks.

If you would like a BOLI optimization review to improve yield, have questions about your existing executive benefit design or are thinking of how supplemental executive benefits might fit your bank’s executive retention objectives, call Larry Sauter or Joellen Wright at 517-485-3600.

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