M & I Bank

Introduction

M&I bank is a leading banking service provider, offers some commonly used services like loans, checking, credit cards, investment management, etc. This bank maintains it’s banking activities through three major operative divisions namely personal, commercial, small business, and wealth management.

Functional divisions

M&I bank executes it’s financial activities through their own functional divisions. These are personal, commercial, <B>small business, and wealth management divisions.

Personal functional division: This division provides some solutions which will enable the business owners to simplify the financial activities of their business. Major banking services include home equity, mortgage, checking etc. This division is also subdivided into four small divisions to run their banking service smoothly. These are banking division, borrowing division, investing and planning division.

Banking division

Banking division deals with services like savings, checking, health savings accounts (has), cards, online banking etc.

• Borrowing division deals with mortgage, home equity loans, student loans, credit cards and other loan types.
• The investment division deals with the development of educational savings, estate planning, financial planning and retirement planning.
• Planning division deals with identification of fraudulence activities, security, supplying online resources, and a unique facility called calculator facility through which customers will be able to estimate and review their banking business activities.

Small business functional division: This division is designed to provide some services specifically made for small business. Some of the major services of this small business functional division of M&I bank are loans, credit cards, leasing etc. This division comprise of five sub-divisions namely credit, deposits, cash management, employee services, and planning division. All these sub divisions provide their specific set of financial services.

• Deposit division deals with some business activities like checking, business value packaging, savings, money market accounts etc. This division also involves with a special activity, which is MiWeb business banking, through which customers will be able to view the business bank demonstrations.
• The credit devisions provides some services like credit card, rewards package, loans (including government loan), agricultural business planning, and loans.
• Cash management division involves with activities like disbursements, collections and some additional services like tax payment, automated cash management and treasury management service.
• Employee service division concerns with activities like employee advantage banking, health reimbursement accounts( HRA), health savings accounts (HSA) and retirement planning. One special activity of this division is employee card program, which deals with payroll cards etc.
• The planning section specifically provides some tools to suit the business needs like loan payoff calculator, facility to view the details of checking accounts etc.

Commercial functional section: This operative division of M&I bank provides some common facilities like credit card, loans, checking etc. One of the special facility of this division is Internet banking, through which customers will be able to access their business accounts with pace and ease. They even can pay their bill online.

This section also subdivided into five subdivisions namely treasury management, employee service credit, deposits, and institutional divisions.

• Treasury division deals with some daily activities like collections, information reporting, disbursement, risk management etc. This risk management option of this division enables a customer to protect himself from fraudulence activities. This section also provides some additional services like treasury management services, corporate investment planning etc.
• The Employee service division deals with some common and essential needs, like Health Savings Accounts (HAS), employee advantage banking, retirement planning and employee card program.

Wealth management functional division: This division comprise some activities like trust services, private banking , investment management and of course some institutional services.This division also subdivided into three sub divisional parts, namely personal service, institutional service and investment management service.