Contact Us

5 Common Questions on the Banker Protection Program

Banker Protection Program questions

IBT Apps recently launched the Banker Protection Program to assist community banks in looking for a core option that aligns with their “new normal.” We have received a few questions over the last few weeks and would like to share these with fellow community bankers looking for more information on the program.

Banker Protection Program FAQs

Q1: Is the BPP a loan?

The BPP is an incentive program that reduces the upfront cost of conversion and services associated with upgrading your core technology. Depending on your assessment results and which products and services you select, we collaborate on a payment structure and terms that works best for you.


Q2: What’s included in the BPP?

If you qualify for the BPP, your bank receives:

  • A customized agreement that fits your "new normal" strategy
  • A complete virtual or in-person core technology conversion
  • Ongoing, responsive training and support post-conversion
  • All or partial technology fees waived up front, depending on contract terms


Q3: Is there different contracts, terms, or limitations with purchasing a core system through the BPP?

There are no additional fees or service exemptions with the BPP. If your bank qualifies for the program, we discuss your core needs upfront and recommend the products and services that fit those needs, and mutually agree on a payment structure and contract terms.


Q4: How would I qualify for the BPP?

Each application for the BPP undergoes an assessment, which involves reviewing your bank’s asset size and looking at the deconversion costs with your current core provider, along with an in-depth discussion with our c-level team to discuss your needs. If for any reason, your bank does not qualify for the BPP, we still recommend a path forward for partnering with us.


Q5: How do I apply?

Interested in the BPP? Fill out the short form on the official BPP page to be considered. We will be in contact after receiving your submission and begin the qualification process. 


Have more questions? 

If you have additional questions, feel free to send them to If you would prefer to talk one-on-one with a team member, contact us at 512-616-1188.




Related Posts

The impact of COVID-19 has caused many of us to rethink how we do business in order to...