MBA Endorsed Product Vendor Spotlight: Ncontracts
Total Vendor Management Solution
Minnwest Bank
Montevideo
Enjoying the Upside of Risk
National Bank of Commerce
Duluth
Neighborhood National Bank
Aitkin
New Market Bank
Lakeville
North American Banking Company
Roseville
North Shore Bank of Commerce
Duluth
Northeast Bank
Minneapolis
Peoples State Bank
Altura
Peoples State Bank of Wel s
Wel s
Perennial Bank
Darwin
Pine River State Bank
Pine River
Pioneer Bank
Lewisville
Platinum Bank
Oakdale
Plaza Park State Bank
Waite Park
The MBA proudly endorses a small number of products that have
including their financial state, cybersecurity procedures and
demonstrated their value to Minnesota banks, including Nvendor
business continuity plans, so your staff doesn't have to.
from Ncontracts. We encourage you to take a closer look at their
· Decrease risk. Make insightful decisions and demonstrate
product offering to assist your bank with vendor management.
due diligence to regulators with executive summaries
When it comes to risk and vendor management, banks
prepared by Nvendor's experts. We collect and analyze all
need to be prepared, protected and positioned for
FFIEC-required documents and simplify them into a single-
opportunities.
page summary to help you risk-assess vendors.
Ncontracts' flagship vendor management solution, Nvendor,
· Cut vendor costs. Never unintentionally auto-renew a
is streamlining vendor management compliance at more than
contract or overpay a vendor again. Nvendor examines
600 financial institutions ­ reducing risk and cutting costs in
agreements for key provisions and deadlines to help you
the process.
proactively negotiate agreements before notice dates,
We're helping banks like yours replace casual systems of
prevent non-contractually based price increases and
spreadsheets and emails with a complete vendor management
monitor service level agreements. On average, our clients'
solution backed by an expert team of legal, compliance and
non-interest income expenses are 33 percent lower than
IT professionals. From expert analysis of your bank's vendor
their industry peers.
agreements to customized tools and dashboards, Nvendor
To discover how Ncontracts can help your bank dramatically
touches every aspect of vendor management. We manage the
improve vendor management, visit our website at www.
Premier Bank Rochester
Rochester
small details and guide you in focusing on the big picture.
ncontracts.com or call 888-370-5552.
Profinium, Inc.
Mankato
Nvendor can help you:
Riverland Bank
Jordan
· Decrease internal expenses. Make your institution
Security Bank & Trust Company
Glencoe
more efficient by dedicating fewer resources to vendor
Security State Bank of Hibbing
Hibbing
management. Nvendor's team of contract specialists and
Security State Bank of Kenyon
Kenyon
compliance experts monitor regulations and vendors,
Security State Bank of Marine
Marine On Saint Croix
State Bank of Richmond
Richmond
Stearns Bank N.A.
Saint Cloud
Sunrise Banks, N.A.
St. Paul
The Bank of Elk River
Otsego
The First State Bank
Fountain
First Farmers & Merchants Bank has used Ncontracts for a number of years and we greatly
The State Bank of Faribault
Faribault
appreciate the service provided to our organization. Ncontracts assists us in staying current
Tradition Capital Bank
Edina
with issues which may arise with our vendors and helps us get the information we need from our
U.S. Bank NA
Minneapolis
vendors to properly manage our vendors. Their service has been extraordinary
United Community Bank
Frazee
Venture Bank
Bloomington
Marlene Trageser, Chief Information Officer
Wel s Fargo Bank, NA
Saint Louis Park
Western National Bank
Cass Lake
Worthington Federal Savings Bank
Worthington
The Champion for Minnesota Bankers
13

---