Bank Partners

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MBA has a limited number of partnerships with vendors that offer attractive pricing and an excellent track record on unique products and services.  Partners offer reduced rates and other special services to MBA members, affiliate members and their employees. Community Bank Partners include:

ABA Insurance Services -  provides D&O, bond and related coverage to community banks in Maine and across the country; P&C insurance is now available.

Ascensus - IRA and retirement plan products and solutions

Deluxe Corporation - Once a supplier of checks and now diversified into many areas designed to acquire and maintain customers, build brand loyalty and boost profitability.

ICBA Network Services  - products and services of subsidiaries:  ICBA Bancard/TCM Bank, ICBA Mortgage Solutions, ICBA Reinsurance and  ICBA Securities

NCR ATM and Branch Transformation Solutions - NCR SelfServ™ ATMs, APTRA™ Interactive Teller and Teller Cash Recyclers

OfficeMax - office supplies, furniture, print and promotional products

Re$ubmitIt   - electronic recovery solution for returned deposit items

Senior Housing Crime Prevention - security & safety for nursing homes and veterans' hospitals

SNL Financial - banking data, news and insight

Stevens Wellspring - employee assistance program for member bank employees

Thumbprint - fraud prevention security program

TransFirst - merchant card processing

UPS - discounts of 15-30% on letters and packages sent via UPS

W. B. Mason - office products, furniture, print and promotional products, coffee and janitorial supplies

Xerox - ABA/Xerox Office Equipment Program

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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        <td width="100%"><p align="justify"><strong>2010 AMENDMENT TO UCC ARTICLE 9 CHANGES &ndash; EFFECTIVE JULY 1, 2013</strong>.</p>
          <p align="justify"> MBA has  previously notified our members that Maine passed the 2010 Amendment to UCC Article  9 including the Alternative A approach for debtor&lsquo;s name.&nbsp; <a href="http://www.mainelegislature.org/legis/bills/getPDF.asp?paper=HP0985&item=3&snum=126">Click here</a> for a copy  of PL 2013, Chapter 317. The law became effective on July 1, 2013 with a 30 day  grace period.&nbsp; This memo is intended to  provide additional information including educational opportunities and  reference materials.&nbsp; <br>
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            <strong>TRAINING IS STILL AVAILABLE VIA A MAINE BANKERS ASSOCIATION WEBINAR. </strong>           On May  3, 2013, MBA sponsored a webinar titled How to Properly Complete &amp; File  Financing Statements: Including UCC Article 9 Rule Changes Effective July 1,  2013 (<a href="http://www.mainebankers.com/images/stories/MECB/2013/Webinars/MAY/050313UCCFinancingStmtsCBbc.pdf">click here</a> for the  full brochure).&nbsp; The webinar is still available  to our members via a direct link until November 2013.&nbsp; The price of the direct link is $220.00 and  it includes a CD-ROM copy.&nbsp; You can share  the link and CD-ROM with as many people in your bank who require training.&nbsp; Attached is an order form for your  convenience.<br>
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            <strong>HISTORY REGARDING THE UCC 9 CHANGES AS OUTLINED  BY THE UNIFORM LAW COMMISSION. </strong><span style="font-weight:normal; ">              UCC 9 was substantially revised in 1998 and adopted in all states.&nbsp; The  2010 Amendments to UCC 9 modify the existing statute to respond to filing  issues and address other matters that have arisen in practice following a  decade of experience with the 1998 version of UCC 9.&nbsp;</span>          Of most  importance, the 2010 Amendments provide greater guidance as to the name of an  individual debtor to be provided on a financing statement.&nbsp; The amendments  offer two alternatives to each state:&nbsp; </p>
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              <li>Alternative  A provides that, if the debtor holds a driver&rsquo;s license issued by the state  where the financing statement is filed, the debtor&rsquo;s name as it appears on the  driver's license is the name required to be used on the financing  statement.&nbsp; If the debtor does not have such a driver&rsquo;s license, either  the debtor&rsquo;s actual name or the debtor&rsquo;s surname and first personal name may be  used on the financing statement.&nbsp;&nbsp; (*)</li></ul></div>
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            <p align="justify"><strong> (*)  A MAJORITY OF STATES INCLUDING MAINE ADOPTED THE ALTERNATIVE A APPROACH</strong>
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              <li>Alternative  B provides that the debtor&rsquo;s driver&rsquo;s license name, the debtor&rsquo;s actual name or  the debtor&rsquo;s surname and first personal name may be used on the financing  statement. </li>
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            The  amendments further improve the filing system of financing statements.&nbsp;  More detailed guidance is provided for the debtor&rsquo;s name on a financing  statement when the debtor is a corporation, limited liability company or  limited partnership or when the collateral is held in a statutory or common law  trust or in a decedent&rsquo;s estate.&nbsp; Some extraneous information currently  provided on financing statements will no longer be required.          In  addition, the amendments provide greater protection for an existing secured  party having a security interest in after-acquired property when its debtor  relocates to another state or merges with another entity.          <br>
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            <strong>MAINE&rsquo;S ADOPTION OF THE 2010 AMENDMENT TO UCC ARTICLE 9 &ndash; WHY ALTERNATIVE A</strong>.          Maine,  along with the majority of states, has adopted the alternative A approach referenced  above.&nbsp; The American Bankers Association  Working Group on UCC Article 9 studied the matter in detail and concluded that  Alternative A simplifies both filing and searching.&nbsp; Alternative B does outline possible names to  use to achieve perfection, but it does little to address priority issues.&nbsp; MBA supported the Alternative A approach in  Maine after consulting with our Legislative Committee and other industry  experts.&nbsp; Other Maine lenders, including  the Maine Credit Union League, supported the Alternative A method.&nbsp; We have attached an article titled Four Reasons  to Adopt Alternative A for Individual Debtor Name authored by Barkley  Clark.&nbsp; Mr. Clark is one of the foremost  authorities on the Uniform Commercial Code, a nationally-recognized attorney  and co-author of The Law of Secured Transitions Under the UCC. &nbsp;&nbsp;&nbsp;The industry realizes that implementing the  new changes to UCC Article 9 may be challenging at first but eventually will  provide greater certainty as to both perfection and priority of UCC filings.&nbsp;&nbsp;          <br>
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            <strong>CORPORATION SERVICES COMPANY (CSC) &nbsp;<a href="http://csctransactionwatch.com/amendments/">WEBSITE</a> HAS VERY USEFUL UCC ARTICLE 9 INFORMATION</strong>          CSC offers financial solutions to help banks and  commercial lenders conduct accurate UCC searches and filings, prepare and  record real estate documents, manage titles and real property.&nbsp; CSC is not affiliated with Maine Bankers but  they have agreed to allow us to share their website information with our  membership.&nbsp; The CSC website includes an  informative FAQ sheet dealing with the recent UCC 9 changes.&nbsp; We have attached the FAQ for your reference.
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