Endorsed Providers of Virginia Association of Community Banks

VACB Endorsed Providers

The Affinion Group provides a diverse range of proven bank products and services to help attract new customers, strengthen relationships with existing customers, and produce significant incremental revenue that goes straight to the bottom line.
BancVue features Reward Checking, a unique product designed to differentiate banks from their competitors and double their profits compared to a standard DDA, while keeping valuable clients 70% longer.
Focuspoint, Inc., America's Premier Message On Hold Company, provides products that have been proven to increase sales, build brand awareness, and retain current customers.
HarlandClarke offers a comprehensive range of payment, marketing and technology solutions to utilize their multiple capabilities to address your bankÕs specific goals, challenges and needs. HarlandClarke delivers value at every level within the bank to significantly and positively impact your performance.
ICBA Bancard/TCM Bank offers a host of payment services for community banks at favorable pricing through arrangements with Certegy Card Services, Inc. and Fiserv EFT.
ICBA Reinsurance, a joint-venture partnership with ICBA and AIG/American General, has been designed to provide increased revenue to ICBA members.
ICBA Financial Services provides member banks the ability to service customers fully with nondeposit investment products, including discount brokerage, mutual funds, and fixed and variable annuities. Low-cost retirement plans are available for small business customers and bank employees.
ICBA Securities was founded by the ICBA to provide community bankers with quality bank investment products, services and educational activities at competitive market prices.
PURLs(Personalized URLs) is Source4's innovative online tool to help grow a community banks' market share. The complete marketing campaign incorporates high impact, personalized direct mail and the internet.
Re$ubmitIt® is BSG Financial's electronic check recovery solution. This fully-automated program can immediately increase revenue for both the bank and commercial customers that receive bad checks. The program utilizes proven RCKÐor electronic re-presentmentÐtechnology to strategically time additional electronic re-submissions to the check writer's account.
Zurich North America Financial Enterprises, formerly Fidelity and Deposit, has provided innovative risk management solutions for the financial services industry. Zurich offers a full range of products, including fidelity bonds, property and casualty, professional liability, and electronic commerce protection.

How to Become an Endorsed Provider :

To become an Endorsed Provider of the VACB, a company must be a VACB Associate Member in good standing. Any Associate Member may request that a company product/service be considered for endorsement, by initiating such a request to the VACB Services Committee.

The Associate Member will then be required to provide detailed information in a number of areas, including (1) financial information, (2) marketing plans, and (3) benefits to the VACB membership and (4) benefits to the association. Additionally, the Associate Member will be asked to list the Virginia banks with which they are currently working.

Once this information has been reviewed, the Associate Member is given the opportunity to make an endorsement presentation to the Services Committee. The Services Committee consists of bankers who provide the broad knowledge and experience needed to evaluate various products and/or services. Committee members may request that VACB staff provide additional information with regard to the experience of a specific vendor working with other state associations.

After completing this due diligence process, the Services Committee then decides whether or not to make a recommendation to the VACB Board of Directors for approval. Contracts with the Endorsed Providers are reviewed annually by the Services Committee and the VACB. The endorsement is subject to withdrawal at any time if problems arise with the company's product or service and the necessary improvement is not forthcoming in a timely fashion. VACB endorsements focus on products and services that will make your community bank more profitable, more competitive and/or easier to manage. When considering products and services for your bank, be sure to think of VACB's Endorsed Products/Services first!