2019 Vol. 103 No. 6

40 NOVEMBER / DECEMBER 2019 PSP SHOWCASE PSP Year-End Summary 2019 Starting point for your service provider needs Rod Lasley Vice President - Products & Services Indiana Bankers Association rlasley@indianabankers.org @rodlasley As we wrap up another year, now is an ideal time to recognize those organizations which partner with the Indiana Bankers Association. IBA’s Preferred Service Providers are extremely helpful in allowing us to provide our membership with top-quality product-and-service offerings. To ensure that the IBA is endorsing qualified, viable products and services, the board of the IBA Service Corporation regularly reviews all PSP relationships. As a result, we can ensure that each PSP is dedicated to serving Indiana banks at the highest level, providing them with the value-added products or services that allow them to remain competitive in today’s challenging market. While first and foremost helping banks succeed, our PSPs are also deeply committed to the Association and its success. They support the IBA on many levels, including committee involvement, trade show participation, Hoosier Banker article contributions, meeting attendance, information resources, and so much more. The non-dues revenue they provide helps keep IBA bank member dues among the lowest in the nation, plus allows for attractive pricing at IBA’s many conferences and events. As part of IBA’s continual vetting process, this year we have added one new PSP, Gradifi, and an IBA partnership, IBA Insurance Solutions. As 2020 approaches, we look forward to continuing to enhance the strong partnerships that help IBA-member banks succeed. As you explore future projects in your plans for the new year, please consider tapping into the expertise of the following IBA Preferred Service Providers: ABA Insurance Services Matt Craven, 800-274-5222, ext. 1277 mcraven@abais.com ABA Insurance Services, now a member of Great American Insurance Group, offers the only bankowned, banker-directed insurance program, covering banks countrywide with D&O, Bond, Cyber and P&C-related insurance. Recognized for underwriting and claims handling expertise, the insurance program dates back more than 30 years, and 28 consecutive distributions have been declared by the program’s reinsurer, totaling $84.3 million. Approval Payment Solutions Inc. Megan Sims, 888-311-7248, ext. 5011 msims@apsolutions.net Approval Payment Solutions provides bankcard-processing services for a bank’s business customers. APS gives merchants the ability to accept debit and credit cards including Visa, MasterCard, American Express and Discover. Its agent bank program offers payment of residual income, as well as income from check acceptance services and gift cards.

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