Press release

CBA Announces Strategic Partnership with Equias Alliance

SACRAMENTO, CA — The California Bankers Association (CBA), one of the largest state banking trade associations, and Equias Alliance, LLC entered a new strategic endorsement partnership to offer CBA members their superior bank-owned life insurance (BOLI) and executive benefits solutions.

Equias Alliance is comprised of a team of some of the most experienced former consultants and technical resources of Clark Consulting, previously a CBA strategic partner. Equias will continue to serve the nonqualified benefit plan and BOLI needs of their Clark Consulting clients, as well as provide services to new client banks in California and across the nation. The Equias team is well qualified to service CBA members through their staff of 30 with 325 combined years of experience, including eight CPAs, two attorneys, seven MBAs, three CLUs, former bank officers, directors and regulators, who currently represent 700 bank clients.

“We have worked with Clark Struve and Clark Consulting for more than 20 years and they served as a respected strategic partner, providing a valued service to our members, while supporting numerous association events through their attendance and sponsorships,” said Rodney Brown, president and CEO of the CBA. “We are happy to be able to continue this relationship with Clark Struve through this new strategic partnership with Equias.”

“Our objective is to continue to assist banks in the design, implementation and administration of nonqualified deferred compensation programs and BOLI assets,” said Clark Struve of Equias Alliance. “We are excited to utilize what we believe is the most technologically-advanced, secure system for the design and administration of nonqualified deferred compensation plans and BOLI. We have partnered with Andesa Services, Inc. to bring this $20 million system to the BOLI marketplace.”

For more information about Equias Alliance, please contact Clark Struve at 831/373-4614 or cstruve@equiasalliance.com or Stephen Clark, CBA SVP of strategic partnerships, at 916/438-4448 or sclark@calbankers.com.

About the California Bankers Association (CBA)
Established 120 years ago, the California Bankers Association (CBA) is one of the largest state banking trade associations in the country. CBA leads the way in developing relevant educational and legislative solutions to some of California’s more pressing financial and banking issues, including adult financial empowerment, identity theft, financial privacy, and financial elder abuse. CBA’s membership includes nearly 200 of California’s commercial, industrial and community banks and savings associations. For more information, visit www.calbankers.com.

About Equias Alliance
Equias Alliance delivers nonqualified benefit and BOLI portfolio services to banks across the United States via its team of 14 consultants and 21 support personnel. With some of the most experienced former consultants of Clark Consulting located in 11 regional offices, Equias Alliance offers a near-seamless approach from design to implementation. They have helped nearly 800 banking organizations, including an exclusive endorsement from the American Bankers Association, recruit, retain, and reward executives, directors and employees critical to each bank’s success.

In addition, the company’s in-house service professionals offer practical, hands-on assistance to banks and their professional advisors in responding to auditors and examiners, as well as timely, accurate documentation and regulatory compliance support. The organization’s 35 team members include 8 CPA’s, 2 attorneys, 7 MBA’s, 3 CLU’s, 1 CFP®, 2 ChFC®s, a former bank regulator, several former bankers and bank directors and hold many other degrees and licenses. Equias Alliance can be found on the Internet at www.equiasalliance.com.

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