Products and Services

 

BHG has made a nearly two-decade impact with community banks as the #1 source for loans with a strategic focus on the highest earning sectors in the country, healthcare and other highly skilled professionals. Since 2001, BHG has provided over $6 billion in sold loans to their 1100+ community bank partners that have had $0 loss on their BHG Core Loan portfolio, access to these highly sought-after professionals and a 4- 6.5% return.

While BHG is neither a true Fintech nor a traditional bank, it has the best parts of each—data, analytics, technology, marketing, underwriting, compliance, speed and customer service. This combination has led to BHG originating record volume from today’s essential professional workers: high-earning borrowers with top-tier credit. BHG uses quantitative analysis to determine the performance potential of every borrower and the price risk. Utilizing a large division of some of the brightest minds in analytics from the top universities and companies in the country, as well as over $25 billion in underwritten loans, they have gained unmatched insight into its borrower characteristics, performance and their industries.

To find out how you can join BHG’s community bank network to diversify your portfolio, increase yields and grow your assets, click here or contact  Jordyn Sollars, VP, Bank Relationships,  954-829-1725, [email protected]

ICBA: THE INDEPENDENT COMMUNITY BANKERS OF AMERICA

The Independent Community Bankers of America, the nation’s voice for community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. With 50,000 locations nationwide, community banks employ 700,000 Americans, hold $4.0 trillion in assets, $3.2 trillion in deposits and $2.7 trillion in loans to consumers, small businesses, and the agricultural community.

 

ICBA SECURITIES

775 Ridge Lake Blvd., Suite 175
Memphis, TN  38120
Contact: Jim Reber, President/CEO
Telephone: 800-422-6442
Twitter: @ICBASecurities

ICBA Securities provides a full suite of investment products and services for community banks through its exclusively endorsed broker, Vining Sparks.  Included are traditional debt securities, interest rate products, whole loans, and M&A and bank valuation services. Vining Sparks also has state-of-the-art asset/liability and bond accounting products.  ICBA Securities, a wholly owned subsidiary of the ICBA, provides a full calendar of educational events for community bankers and investment professionals.  ICBA Securities is endorsed by 32 affiliated state banking associations, and is the only broker/dealer owned by the community banking industry.

COMPLIANCE ADVISER

Navigating today’s complex compliance requirements can be frustrating and exhausting Compliance Adviser provides the support you need…as a direct benefit of your membership! The most important feature of Compliance Adviser is that it allows you, at no cost, to call or email questions related to federal rules and regulations to community bank compliance professionals. The service prides itself on quick feedback that’s easy to read and is supported by necessary citations and agency references. Emails can be submitted anytime and calls are usually answered between 8 a.m. and 6 p.m. CST on banking days. Response times vary based upon the complexity of the question, but the vast majority are answered same day. In addition, you will have unlimited online access to:

• “Featured Resources” that include guidelines and overviews aimed at specific regulatory   requirements in an easy to understand format that are great for training and reference.

• A searchable Legal Ease archive containing hundreds of questions and answers. Legal Ease   is based upon actual questions submitted and new ones are added weekly.

• A moderated Forum for sharing questions and obtaining feedback from your industry peers.

• Selected resources from the regulators.

• Monthly Capitol Comments newsletter that provides select compliance and legal items that   are most important to community bankers.

DELL | COMPUTER EQUIPMENT

Save up to 35% with IBSC/ Dell partnership. All IBSC members and their employees can take advantage of preferred pricing on workstations, laptops, ultrabooks, desktops, servers, printers, electronics and accessories.

SHAZAM  |  DEBIT CARD  |  EFT PROCESSING

SHAZAM pioneered the PIN-debit point-of-sale transaction, still used worldwide today. We’re the only nationwide independent, member-owned debit network, processor and core provider supporting community banks. Since we don’t answer to shareholders, we can reinvest profits in technologies our clients need as they serve the next generation of consumers. SHAZAM ensures our clients have the products and services they demand and expect in a cost-effective way.Founded in 1976 and headquartered in Iowa, we’re a leader in payments and financial technology, with a simple mission: Strengthening community financial institutions. Visit us today at shazam.net.

TRAVELERS INSURANCE | D&O | BOND PROGRAM

Travelers has been insuring banks for more than a century. Offering a wide range of customized insurance protection, Travelers SelectOne+ SM for Financial Institutions is designed to respond to the most recent trends in banking. This flexible product line provides insurance options to help banks reduce potential gaps and overlaps in coverage, including D&O liability, cyber liability, bankers professional liability, financial institution bonds, ID fraud expense reimbursement and property/casualty coverages. Our dedication to community banks has helped us earn the endorsement of the Independent Community Bankers of America (ICBA). Through this endorsement, we offer special benefits to ICBA members.

COVERAGE HIGHLIGHTS:

• D&O Coverage/Broad definition of insured: includes the insured organization, and subsidiaries, as well as past, present or future directors, officers, international functional equivalents, members of the board of managers, employees, and members of management and advisory committees.

• D&O Coverage/Broad definition of subsidiary: includes any majority-owned corporations, partnerships, limited liability companies and 50 percent-owned joint ventures or non-profit entities under management control of named insured including appointment of general partner.

• Bond Coverage: no charge for certain mid-term acquisitions or mergers (less than 25 percent
of the policyholder’s assets) with state-of-the-art language.

• EPL Coverage/Broad definition of insured: includes the insured organization including subsidiaries; members of board of directors and officers; members of board of trustees; members of board of regents, members of board of governors; natural person partners; LLC managers; functional equivalents.

• Cyber Coverage/Third-party (liability) and first-party coverage: provides protection to the insured for liability to others and reimbursement for expenses incurred.

• Identity Fraud Coverage/Dedicated identity fraud claim unit: experts who can provide guidance to insured victim to assist in the reocery of their identity and credit history.

• Kidnap and Ransom Coverage/Loss of ransom monies: reimbursement of corporate and personal asset ransom money—the perils: *Kidnap, *Bodily injury extortion, *Property damage extortion, *Products extortion, *Trade secrets extortion, *E-commerce extortion (including computer virus), *Confiscation, destruction, disappearance or wrongful appropriation during ransom money delivery.

• Fiduciary Coverage/Coverage for civil penalties: under sections 502(i)and 502(I) of ERISA and civil penalties under HIPAA’s privacy provisions.