The MBA is committed to providing value and savings
to its member banks through product and service offerings. Member
banks are encouraged to consider these endorsed and sponsored
programs. The products and services on this page have been endorsed
by the MBA Board of Directors, or the Group Insurance Committee. For
information on endorsed and sponsored products, please contact the
MBA office at (601) 948-6366.
Thumbprint Signature Program
The MBA has endorsed the Texas
Bankers Association Thumbprint Signature Program in a statewide
effort to combat crime by obtaining a fingerprint of any non-customer who
wishes to cash a check. The only expense to the bank is the purchase of special
‘inkless ink’ pads, which may be ordered from the MBA. To order, click here.
Senior Crimestoppers Program
Since 1999, the Memphis-based Senior Housing Crime
Prevention Foundation has served as a conduit for banks to earn
no-risk Community Reinvestment Act credit while achieving
above-market yields and helping to fight a problem that plagues our
society – the exploitation and abuse of nursing home residents. The
mission of SHCPF is to promote a safe, crime-free, high quality of
life for residents of nursing homes and other senior housing
facilities through its Senior Crimestoppers Program. Banks support
this mission by making CRA-creditworthy loans and investments in
their communities. By participating in the Senior Crimestoppers
Program, Mississippi’s banks can join the banks of 45 other states
where this program has been proven to reduce crime against nursing
home residents by over 90%.
Through endorsement of the Senior Crimestoppers
Program, the MBA has adopted the mission of SHCPF. All MBA member
banks have the opportunity to support this mission through
sponsorship of nursing homes and senior housing facilities in their
communities. To speak to a Senior Crimestoppers representative,
Clinard at (877) 232-0859.
Fraud-Net, the MBA-endorsed online computer network, is
used to combat financial crimes. Since its MBA endorsement in August
2005, 82 MBA member banks and 61 law enforcement agencies have
signed on as users. In addition, eight credit unions are users due
to a financial arrangement between MBA and the Mississippi Credit
Union Association. Fraud-Net allows bank personnel and law
enforcement to exchange reports on incidents of fraud and robbery,
and to track reports in a secure computer network. It aids
investigations by allowing reports to be sorted by type, geography
and other categories.
The MBA provides Fraud-Net as a member service free
of charge to all member institutions and law enforcement agencies.
Fraud-Net is available at no charge to
member banks. For more information, please contact the MBA office at (601) 948-6366.
ABA Insurance Services
MBA-endorsed program. ABA Insurance Services offers a
full suite of coverage for financial institutions including D&O, bond and
related insurance from an A.M. Best A+ rated carrier. Property & Casualty
insurance is now available. Recognized for underwriting and claims handling
expertise, this unique bank-owned and banker-directed program insures banks
across the country and has a sustained market share of nearly 25%. A
distribution to participating banks has been declared for 23 consecutive years
from the program's reinsurer, American Bankers Mutual Insurance, Ltd., totaling
$77.9 million. For more information, visit abais.com or contact Richard Flenner
at 800-274-5222 or email@example.com.
Connect with us on Twitter @ABAInsSvcs.