PRESS RELEASE
FinPro Announces Formation of The Alliance™, a Bank‑Owned Excess Deposit Insurance Entity, with Fiserv as a Founding Partner
June 10, 2026
FinPro is announcing the formation of The Alliance Consortium, LLC, (The Alliance)™ a newly formed, nationwide, bank‑owned entity designed to provide excess deposit insurance coverage for community banks and their depositors beyond traditional FDIC limits. FinPro is also proud to announce a strategic investment by Fiserv into FinPro, demonstrating Fiserv’s commitment to the success of The Alliance and of community banks as a whole.
The Alliance will provide coverage for deposits in excess of FDIC insurance limits through a fully owned captive insurance subsidiary, Community Bank Insurance Alliance, Inc (CBIA)™. The combined entity will address one of the most significant challenges facing community banks today—rising levels of uninsured deposits—while strengthening confidence among depositors.
FinPro, Inc. will serve as the Managing Member of The Alliance and Program Manager for CBIA. FinPro will provide day-to-day management of both entities including operational oversight, risk analytics, back‑office services, and administration. Fiserv is making a strategic investment in FinPro, contributing both capital and technology to support FinPro’s growth as well as the insurance entity and the member banks it serves.
“FinPro, with its new partnership with Fiserv, is bringing together FinPro’s deep expertise in banking, analytics, risk monitoring, loss mitigation and regulatory affairs with Fiserv’s technology and industry scale. The Alliance provides a meaningful and timely solution to the uninsured deposit challenge” said Don Musso, President & CEO of FinPro, Inc.
“Community banks are essential to the financial system,” said Mike Lyons, CEO of Fiserv. “We’re proud to be a founding partner of The Alliance and to support a bank‑led solution that strengthens confidence in community banks and protects depositors in a practical, durable way.”
In addition to providing excess deposit insurance coverage, The Alliance will offer participating banks access to enhanced risk monitoring and mitigation services, including a free subscription to FinPro’s Scorecard System which is the foundation for the insurance rating risk analytics. In addition, FinPro will be providing five levels of risk mitigation which collectively should reduce the number of bank failures and materially reduce the cost of bank failure resolutions. FinPro is currently in process of getting patent protection on both its unique Scorecard System along with the mitigation process.
By reducing the risk of bank failure and, in the event of a failure, lowering resolution costs, The Alliance is supporting the stability of both individual institutions and the broader financial system. As importantly, The Alliance is providing depositor protection by insuring excess deposits.
FinPro and Fiserv are proud to initiate and lead this initiative to help empower community banks with solutions that enable them to compete more effectively with larger institutions.
For additional information or press enquiries, please contact FinPro at:
Email: finpro@finpro.us
Main Phone Number: (908)-234-9398