Become a MBS Preferred Provider
Maryland Bank Services, Inc., is a wholly owned subsidiary of MBA and is dedicated to reducing the costs of products and services for Maryland banks. MBS's mission is to provide access to quality products and services to MBA member banks that will enhance revenue or reduce expenses.
MBA preferred provider complete of a lengthy investigative process by the MBS board of directors, comprised of officers for MBA member institutions. The board also revisits the relationships periodically to ensure that the provider offers genuine value and quality service to Association members. Vendors must maintain quality service to retain their preferred status.
To become a Maryland Bank Services Preferred Provider, each company and its products or services must:
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Satisfy an identifiable need
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Have historical operating success
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Have strong and stable ownership and management
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Have user references with a Maryland emphasis
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Guarantee profit or marginal profit with heavy demand
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Identify and compare competition
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Have a satisfactory marketing plan
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Identify and cover legal and regulatory issues
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Assess any disengagement complications
Providing a good value to MBA members is the key to a Maryland Bank Services relationship. As a MBS Preferred Provider, MBA offers various levels marketing capabilities commensurate with the level of partnership, including:
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Special recognition as MBS Preferred Provider
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Direct mail to membership
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Lead response letters
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Sales introduction letters
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Sales follow-up letters
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Personalized letters to small targeted groups
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Personal phone calls upon request
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Magazine articles and news releases
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MBA member lists
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Use of MBA/MBS name and logo
If you have interest in becoming a Maryland Bank Services Preferred Provider, please contact the MBA’s Joanna Weinreich at 443-837-1608.