The MBA Service Corporation (MBASC), the for profit subsidiary of the Michigan Bankers Association (MBA), announced a new strategic endorsed partnership with Executive Benefits Network (EBN) specialists in Bank Owned Life Insurance (BOLI) and customized executive compensation and benefit plans.
MBASC’s endorsed partner program recognizes the highest quality products and services available to MBA bank members. To earn the endorsement, companies must meet stringent quality standards for financial soundness and management strength, fulfill the long-term needs of financial institutions and offer outstanding customer service.
“The MBASC is excited to recommend EBN as an endorsed partner to our banks,” said Matt DeWolf, MBASC president and MBA executive vice president. “Michigan banks can call on EBN with confidence knowing they are a respected leader in the industry.
“EBN is extremely excited about its new partnership with MBASC,” said David Fritz, Managing Partner and co-founder of EBN. “We have years of experience working with Michigan banks and are confident we can continue to provide comprehensive plan service and deliver long-term, consistent cash value returns supported by our highly-rated insurance carrier partners.”
Executive Benefits Network specializes in the design, administration and informal financing of executive compensation and benefit plans as well as the procurement of Bank Owned Life Insurance (BOLI) programs. EBN has offices in Wisconsin, Kansas and Michigan and services more than 175 banking clients. For more information, visit www.ebn-design.com.
