New products and services
ICBA Mortgage Corp., ICBA’s secondary mortgage service company, has extended its agreement with D+H Mortgagebot to ensure community banks will continue to access the company’s online mortgage application and automation system.
The company’s system, called Mortgagebot Enterprise, is designed to help community banks simplify compliance disclosures, increase mortgage profitability and capture online lending volume at an affordable cost. Member community banks participating in the ICBA-D+H Mortgagebot program receive discounted start-up costs and become eligible for preferred pricing. www.icbamortgage.com
ProfitStars Inc. in Norcross, Ga., has released a cloud-based version of its budget workflow software. To speed decision making and foster transparent accountability, the software, called Budget Manager, allows various branch and department staff to submit data and efficiently report results throughout the budget year. The system can also perform financial forecasts. www.profitstars.com
Staff Compensation Data
ICBA has formed an alliance with Crowe Horwath LLP to help community banks access the firm’s most recent employee compensation survey data. The 2013 Crowe Horwath Financial Institutions Compensation and Benefits Survey contains salary and bonus benchmarks for nearly 230 job positions at nearly 300 banks, more than 80 of which are community banks. The survey breaks down its data by the asset size and marketplace population of each participating bank. www.crowehorwath.com/compsurvey-ICBA