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Michigan Association of Community Bankers Supports the ICBA in its Selection of Profit Technologies as Revenue Enhancement and Courtesy Overdraft Provider; MACB Expands Services to its Members.


DAVIDSON, N.C. -- Michigan Association of Community Bankers (MACB MACB MacAulay-Brown, Inc.
MACB Maine Association of Community Banks
MACB multinational acquisition and contracting board (US DoD)
MACB Mad As Can Be
) has announced its support for the Independent Community Bankers of America (ICBA ICBA Independent Community Bankers of America
ICBA International Center for Biosaline Agriculture
ICBA Instituto Cultural Brasil Alemanha
ICBA Independent Community Bankers Association
ICBA International Conference on Biometric Authentication
) selection of Profit Technologies (PTC (PTC, Needham, MA, www.ptc.com) Long a world leader in mechanical computer-aided design, manufacturing and engineering software, PTC, through acquisitions and reorganization, has transformed itself into a leading provider of Internet-based B2B solutions for discrete manufacturers. ) as a Preferred Service Provider for Revenue Enhancement revenue enhancement

An increase in revenues, especially by way of increased taxes. Revenue enhancement includes reducing taxpayer deductions and eliminating tax credits.
 and Courtesy Overdraft A check that is drawn on an account containing less money than the amount stated on the check.

The term overdraft is also used in reference to the condition that exists when vouchers 
 services. Revenue Enhancement services can generate significant increases in areas of retail and commercial banking where incremental Additional or increased growth, bulk, quantity, number, or value; enlarged.

Incremental cost is additional or increased cost of an item or service apart from its actual cost.
 earnings can be found:

--small business

--credit card operations

--cash and float management

--Check 21 strategies

--risk management (including NSF/OD processing)

--net customer growth services.

"In today's environment of increasingly slim margins, growing competition, and constant mergers, community banks need new ideas "New Ideas" is the debut single by Scottish New Wave/Indie Rock act The Dykeenies. It was first released as a Double A-side with "Will It Happen Tonight?" on July 17, 2006. The band also recorded a video for the track.  and efficiency improvements to remain strong and viable in the marketplace," said Judi Sullivan, president of Michigan Association of Community Bankers. "By adding Profit Technologies to the list of resources for our members, we're positioned to improve the overall financial health of our member banks."

Profit Technologies was first selected as a Preferred Service Provider by the Independent Community Bankers of America (ICBA) in 2002. Since then, the relationship has expanded to include the Courtesy Overdraft Processing System(TM) (COPS(SM)). The services program has been adopted by several affiliated state banking associations.

"Financial institutions that are interested in improving profitability can look inward to identify sources of non-interest income," said Lilly Straith, senior managing director at Profit Technologies. "Profit Technologies provides the resources and objectivity to accomplish that type of review, and we bring over 30 years of banking experience for fast and effective results."

Profit Technologies matches it services to key business drivers in the community banking marketplace: revenue growth, cost management, growth and expansion, and customer service.

About Michigan Association of Community Bankers

The Michigan Association of Community Bankers (MACB) is a trade association that serves the interests and unique needs of community banks in Michigan. The MACB develops and provides services and educational opportunities to community banks, represents the community banks with legislators and bank regulators, and generally serves as an advocate for its members. For more information visit www.macb.org.

About Profit Technologies

Profit Technologies is an international earnings enhancement firm providing specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 profitability and performance improvement solutions to enterprises worldwide. Since its inception in 1973, Profit Technologies has successfully performed over 700 engagements, producing over $12 billion in enhanced revenue and cost reduction benefits for its clients. For more information visit www.profit-tech.com.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 9, 2006
Words:388
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