Pub. 3 2015 Issue 3

13 Fall 2015 The Community Banker MIBWELCOMES NEW ASSOCIATE MEMBERS MIB News MIB OFFERS NEW $2,500 GRADUATE BANKING SCHOOL SCHOLARSHIP eFinancial Solutions eFinancial Solutions Inc. exists to improve the efficiency, effec - tiveness and accountability of lending operations for financial institutions through loan portfolio management and collaborative software solutions for the financial industry. eFinancial Solutions, Inc. was originally designed in 2007 by an experienced community bank president who understands the needs of today’s lenders and management. After significant devel - opment and testing, the Advanced Management Platform for Loans (AMP Loans) product was officially released in 2011. Today, eFinan - cial Solutions, Inc. offers the premier loan portfolio management solution for community financial institutions in the United States. www.1efinancialsolutions.com . Eide Bailly, LLP Eide Bailly, LLP provides direction and a consistent roadmap for all teammem- bers. It is the difference between an ex- emplary and mediocre performance. We believe in the power of a strategic plan, and each year, we review our plan to make sure it reflects the current business environment, economy—and our dreams. Eide Bailly’s strategic plan supports our mission to serve passionately and intelligently; add value to our stakeholders; and grow our Firm. I am pleased to report we had another successful year. There is excitement at Eide Bailly— there is tremendous momentum! We'll build on this. www.eidebailly.com . PacificSource Health Plans PacificSource Health Plans is an indepen - dent, not-for-profit community health plan serving the Northwest. Founded in 1933, PacificSource is based in Eugene with local offices throughout Oregon, and in Idaho and Montana. The Pacific - Source family of companies employs 700 people, serves more than 275,000 individuals, and has 3,900 employer clients throughout the Northwest. PacificSource Community Health Plans is a subsidiary of PacificSource Health Plans and markets Medicare Advantage prod - ucts under the name PacificSource Medicare. PacificSource Com - munity Solutions is a subsidiary of PacificSource Health Plans and provides Medicaid coverage in Oregon through the Oregon Health Plan . www.pacificsource.com. The Independent Bankers’ Bank (TIB) TIB-The Independent BankersBank serves the correspondent banking needs of more than 1,700 independent communi- ty banks from coast to coast. Its product and service offering includes everything from traditional corre- spondent lending to the latest in operational, cards and payment technologies. TIB is owned by nearly 500 of the very banks it serves and stands ready to assist you and your customers. TIB can be found online at www.mybankersbank.com. MIB has recently entered into a partnership agreement with eFinancial Solutions, which is a Montana-based software company founded in 2007 by Don Bennett, President of MIB member Freedom Bank in Columbia Falls. Don designed the Advanced Management Platform for Loans (AMP Loans) product in 2011. AMP Loans has been favorably reviewed by the Montana banks that have used it so far, and we would like to assist this startup company while offering our member banks significant discounts on this software. This new agreement with eFinancial Solutions offers current MIB member banks 50% off the Initial License Fee of AMP Loans to the first three MIB member institutions that implement AMP Loans. Subsequent MIB member banks will be offered a 25% discount off the Initial License Fee, and all MIB member banks will receive a 5% discount off the ongoing Maintenance Fee for a contract term of up to three years. You can learn more about AMP Loans at http://www.1efinancialsolutions.com/. The MIB Board of Directors has decided to offer a $2,500 gradu- ate-level banking scholarship. This scholarship is to a graduate-level banking school of your choice for the 2016 year, and our purpose is to enable you to afford the highest quality education for an employ- ee. Here are a few details about this scholarship: The applicant must have five years minimum banking experience with competencies in accounting, corporate finance and economics, and be currently employed by a MIB member bank. The applicant must have no prior graduate-level banking school education, though possession of a four-year college degree in any field is encouraged. Applicant must be a U.S. citizen, or a permanent resident with a per- manent resident ID card or current passport. Only one scholarship award per recipient will be granted. MIB requires that the scholar- ship be used during the year it was awarded. The application can be downloaded from http://mibonline.org/ training/banking-school-scholarship/, and applications will also be mailed out in future MIB packets. Nominations will be accepted by the Montana Independent Bankers until March 1, 2016. Nominees must submit both the application form and proof of acceptance at the banking school of their choice before consideration. Qualify- ing applications will be forwarded to Angela Murdo of Anderson ZurMuehlen & Co., P.C., a disinterested third party, for review and selection, and nominees will be informed of her decision by April 30, 2016. Scholarship funds will be awarded by a check payable to the win- ning nominee, and may only be applied to tuition, accommodations, meals, and classes at an approved banking school. The scholarship recipient is responsible for paying the remaining balance at this banking school. If you are planning to send a person from your bank to a grad- uate-level banking school in 2016, and he or she meets the above qualifications, you are encouraged to have him or her apply for this scholarship. We hope it will be a great addition to our growing membership benefits and services. EFINANCIAL SOLUTIONS OFFERS DISCOUNTS ON AMP LOANS THROUGH NEWPARTNERSHIPWITHMIB