Bankers Helping Bankers is about community banks coming together to address their shared challenges, operate more efficiently, and discover new sources of income
The Montana Independent Bankers Association is pleased to announce its participation with FedFis and other state community banking associations nationwide to offer MIB’s membership access to the “Bankers Helping Bankers” peer interaction platform.
Bankers Helping Bankers is a collaboration and education platform created by community bankers for community bankers. Through data tools and dynamic user groups, Bankers Helping Bankers provides community bankers with a knowledge base focused on bank technology and emerging fintech companies, as well as on hot topics such as cryptocurrencies, banking as a service and direct digital banking.
“Bankers Helping Bankers is about community banks coming together to address their shared challenges, operate more efficiently, and discover new sources of income,” said Dave Mayo, Chief Executive Officer of FedFis, the platform developer.
FedFis partnered with the Independent Bankers Association of Texas (IBAT) to bring the idea for Bankers Helping Bankers to life. “The future of community banking depends on their collaboration. For decades, banking associations have offered the means of collaboration for bankers, mostly using face-to-face gatherings. But those means are no longer enough because the industry is changing too quickly. Bankers Helping Bankers is the next iteration of the traditional value proposition of associations – the promise that together we can accomplish more than we ever could alone,” said IBAT President and CEO Christopher Williston.
The Montana Independent Bankers Association has faithfully served Montana’s community banks for 55 years. MIB’s mission is to provide its members the multi-level support they need to function at their optimum, which includes member promotion, benefits, advocacy and training. And, in furtherance of that mission, MIB is pleased to roll out this new member benefit, which is free to participating member banks. Said MIB President Andrew West of Eagle Bank, “With the start of the Bankers Helping Bankers program and the roll-out of the MIB statewide digital marketing and community banking program campaign in May, the MIB has offered two new member benefits in 2021 and has done so without any additional cost to MIB members.”
About FedFis
FedFis provides financial institutions fintech data analytics and a strategy system that tracks Financial, M&A and Vendor data (including technology vendors) on every bank and credit union in the United States. FedFis is committed to “truth in banking” by helping community bankers understand which products and services will best pair with their existing technology to drive the strategic outcomes they strive for. They are, first and foremost, a family business of precisionists – fifth-generation bankers and technology experts with incredible depth and passion for the banking industry.
About IBAT
Formed in 1974, the Independent Bankers Association of Texas (IBAT) represents Texas community banks. The Austin-based group is the largest state community banking organization in the nation, with a membership comprised of more than 2,000 banks and branches in 700 Texas communities. Providing safe and responsible financial services to all of Texas, IBAT member bank assets range in size from $27 million to $39 billion with combined assets statewide of nearly
$256 billion. IBAT member banks are committed to supporting and investing in their local communities.
Questions regarding the program may be directed to MIB assistant Terri James by emailing assistant@thunderdomelaw.com or by calling the Association at 406-449-7444.
