Still Innovating After Nearly 150 Years of Banking 

sk President & CEO Jeff Kapsar what has enabled Mifflinburg

Bank & Trust to operate for nearly 150 years and he'll cite several factors. For starters, offering progressive products and services combined with a traditional banking philosophy and management approach; the longevity of its employees; the flexibility to meet the needs of individual customers; and the loyalty of those customers.

"We are part of the community," Kapsar says. "We embrace the culture and the ideals of the communities where we do business. We're working to improve the economic welfare of our region. We maintain our community banking atmosphere while offering the products and

technologies of a regional bank."

That approach has met with acclaim: In 2009 the Greater Susquehanna Valley Chamber of Commerce named Mifflinburg Bank & Trust its Business of the Year, while the same year Pennsylvania Business Central included the bank in its Top 100 Organizations list.

The date was June 15, 1872 when the institution then known as Mifflinburg Bank first opened its doors. The notes discounted that day totaled $1,128.30. At that time the manufacturing of buggies was Mifflinburg's big business and the bank's source of deposits. In 1925 Trust Power and Trust Company was added to the bank and its name was changed to Mifflinburg

Bank & Trust. Five years later it merged with Farmers Bank, followed by the acquisition of Laurelton State Bank's assets in 1941.

As the times have changed, Mifflinburg Bank & Trust has changed with them. A 1961 renovation project brought a modern drive-in window and Union County's first Post-Tronic bookkeeping machine. In 1982 Mifflinburg Bank & Trust joined with five other local banks to form LUN Data, a data processing corporation dedicated to offering quality processing services at reasonable costs. Milestone Insurance Services was formed in 2003, making the bank licensed to sell title insurance. In 2006, the bank turned to Brasfield Technology to outsource its core processing function and implementation of current technologies. These enhanced customer service and created significant operational efficiencies for the bank. To enhance the bank's ability to offer its customers additional choices of investment products and services, Milestone Investment Services was created as a partner for

A 

Lincoln Investment Planning.

Today Mifflinburg Bank & Trust has approximately $310 million in assets, with branches in Mifflinburg, Lewisburg, Millheim, Shamokin Dam and New Berlin. A member of the Liberty ATM Alliance, the bank offers its customers access to nearly 40 ATMs in Pennsylvania free of charge.

Mifflinburg Bank & Trust's relationship with TriNovus president David Brasfield began in 1997, when the bank's COO, Tom Eberhart met with Brasfield to discuss an automated telephone banking system and Internet banking solutions. “We were among the first banks in our area to offer internet banking services,” Eberhart states. “Brasfield’s companies consistently offer products that provide strategic value to community banks.”

Brasfield is also president and CEO of TriNovus, the company Mifflinburg’s VP of Audit & Compliance, Tom Beck turned to when looking for an additional resource on compliance information and guidelines. Beck found his answer with the company's TriComply, a solution designed to

keep banks informed of the latest regulatory requirements and provide analysis on the best ways to comply. The opportunity to work with Blair Rugh, head of TriComply and a prominent expert in banking law, was one of the solution's most appealing aspects to Beck. Banks can submit their compliance questions to and receive answers from Rugh and the TriNovus staff, as well as viewing questions and

answers from other banks. Rugh also authors a weekly compliance newsletter that addresses the most important issues and provides advice. The TriComply staff will create new policies and procedures for banks when necessary and review advertisements submitted to them. Banks can view and share TriComply's online compliance videos with their staffs.

"I believe it's helped us efficiently and effectively manage our compliance program and is helping us stay on top of the expanding compliance requirements," Beck says.

"It gives us some flexibility to have supervisors and other managers have access to those compliance resources as well. It hasn't changed the way we operate, but it has provided us with guidance when needed, and given us a very quick response time to some of our questions. We've only been with TriComply service for a short time, but we have been very pleased with the services available to us."

For more information on TriComply or to schedule a demo online or in person, contact the TriNovus sales team at 205.991.5636 or visit www.trinovus.com. For more information on Mifflinburg Bank & Trust, visit www.mbtc.com for various location contact numbers.