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Hello, my name is ___ from SMS Research.

As someone who may influence the banking choices of businesses in Minnesota, we’d like to ask you to help us understand local business banking practices in the wake of recent financial turmoil. My research firm is seeking to talk with business professionals such as yourself to understand your awareness of local Minnesota financial institutions.

I would love to see if you qualify to participate in this survey and if you do I can offer you an opportunity for a $1,000 donation to the charity of your choice. I have a few questions to find out if you qualify. May I proceed?


To begin, a couple questions about your role in your organization
 
 
 
* 1. What is your involvement in selecting who your company has a financial relationship with? Are you
 
The Sole Decision Maker – you alone make all decisions regarding the business banking relationship.
 
The Primary Decision Maker – you have primary responsibility for selecting the business banking relationship, but others have an influence.
 
A Joint Decision Maker – you share equal responsibility of selecting the business banking relationship with one or more others.
 
An Influencer – you do not have responsibility for selecting the business banking relationship, but provide input to the person who does. [TERMINATE]
 
Not Involved – you do not have any involvement in the decision to get involved in the business banking relationship. [TERMINATE]
 
 
 
* What is the size, in revenue, of your company?
 
___ Less than $1 million [TERMINATE]
 
___ $1 million - $2 million
 
___ $2 million - $5 million
 
___$5 million - $10 million
 
___ $10 million - $25 million
 
___ More than $25 million [TERMINATE]
 
 
 
* In what county is your primary office located? (Don't read, select from drop down).
 
 
 
When you think of financial institutions that provide business banking services, who are the TOP 3 that come to mind?
 
 
 
1
   
2
   
3
   
 
 
7. Please indicate how familiar you are with each of the following financial institutions. Use a scale of 0-10 where 0=’You’ve never heard of the company’ and 10=’You’re very familiar with the company.’
Never heard of - 0 1 2 3 4 Somewhat familiar - 5 6 7 8 9 Very familiar - 10
<6> Klein Bank
<11> US Bank
<13> Voyager Bank
<9> Minnesota Bank & Trust
<1> Anchor Bank
<10> TCF Bank
<4> Central Bank
<14> Wells Fargo
<15> Other (specify_____)
<12> Venture Bank
<3> Bremer Bank
<5> Crown Bank
<8> MidCountry Bank
<7> M & I Bank (now BMO Harris)
<2> Associated Bank
 
 
 
8. Of the companies you are aware of, which one company do you think has the best reputation for providing business banking services?
 
<1> Anchor Bank
 
<2> Associated Bank
 
<3> Bremer Bank
 
<4> Central Bank
 
<5> Crown Bank
 
<6> Klein Bank
 
<7> M & I Bank (now BMO Harris)
 
<8> MidCountry Bank
 
<9> Minnesota Bank & Trust
 
<10> TCF Bank
 
<11> US Bank
 
<12> Venture Bank
 
<13> Voyager Bank
 
<14> Wells Fargo
 
Other
 
 
 
 
9. Of the companies you are aware of, which one company do you think has the worst reputation for providing business banking services?
 
<1> Anchor Bank
 
<2> Associated Bank
 
<3> Bremer Bank
 
<4> Central Bank
 
<5> Crown Bank
 
<6> Klein Bank
 
<7> M & I Bank (now BMO Harris)
 
<8> MidCountry Bank
 
<9> Minnesota Bank & Trust
 
<10> TCF Bank
 
<11> US Bank
 
<12> Venture Bank
 
<13> Voyager Bank
 
<14> Wells Fargo
 
Other
 
 
 
 
* 10. Thinking about your business, with which financial institution have you primarily done the most business with over past two years?
 
<1> Anchor Bank
 
<2> Associated Bank
 
<3> Bremer Bank
 
<4> Central Bank
 
<5> Crown Bank
 
<6> Klein Bank
 
<7> M & I Bank (now BMO Harris)
 
<8> MidCountry Bank
 
<9> Minnesota Bank & Trust
 
<10> TCF Bank
 
<11> US Bank
 
<12> Venture Bank
 
<13> Voyager Bank
 
<14> Wells Fargo
 
Other
 
 
 
 
* How likely would you be to recommend ${piping_text} to a colleague, customer or client?
«Not at all likelyVery Likely»
012345678910
 
 
 
12. Can you please elaborate on why you rated your likelihood to recommend ${piping_text} the way you did?
   
 
 
 
Based on what you know or have heard, how likely would you be to recommend MidCountry Bank to a colleague, customer or client?
«Not at all likelyVery Likely»
012345678910
 
 
 
14. Please elaborate on why you rated your likelihood to recommend MidCountry Bank to a colleague, customer or client that way.
   
 
 
 
* 15. Which of the following best describes your position within the company?
 
<1> President
 
<2> CFO
 
<3> COO
 
<4> Owner
 
Other
 
 
 
 
What is the zip code of your primary office location?
   
 
 
 
* This concludes the survey. Thank you very much for providing your perspective. If you would like to be entered in the drawing to win a $1,000 donation to the charity of your choice, please select the choice below and provide your contact information. Your chance to win will be based on the number of respondents who complete the survey. We will follow up with the winner after the first quarter to collect information about the charity of their choice.
 
I do NOT wish to be entered in the drawing
 
Yes, please enter my name in the drawing
 
 
 
Name:
   
Phone:
   
E-mail:
   
 
 
 
* We are considering forming a Financial Advocacy Panel comprised of leading professionals to help improve the delivery of banking services. If you are a member of this panel you will have the opportunity to be randomly selected to participate in future research studies. Your input will be incorporated into the marketing of products and services targeted to business professionals like you. Your willingness to participate is voluntary and has no other obligation.

Would you like to join this panel and be eligible for future research studies that may include surveys, telephone interviews or focus groups?
 
Yes
 
No
 
 
 
Name
   
Phone
   
E-mail
   
Industry
   
 
 
 
Thank you for taking the time to complete this study!
 
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