What Is Bankers' Bank and How It Works

A Bankers' bank is a special type of bank that provides financial services to other banks and financial institutions.

It's a unique concept that allows these institutions to conduct their business in a more efficient and secure manner.

Bankers' banks are typically owned by their member banks, which have a vested interest in their success. This ownership structure helps ensure that the bank's decisions align with the needs of its member banks.

Bankers' banks often provide a range of services, including cash management, payment processing, and investment services.

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The Independent Bankers' Bank is a trusted partner to community banks across the country, serving almost one in three community banks in the U.S. with a presence in 49 states and Guam.

TIB, The Independent BankersBank, offers the industry's best De Novo Partnership Program, making it an attractive option for new community banks. Its top-tier offerings include card services, capital markets, lending, and operational services, ensuring that partner banks can provide the best services to their customers.

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TIB's mission is to be of service to its partners, ensuring that they can provide the necessary services to their customers. This mission is reflected in its commitment to providing high-quality services and personalized support to its partner banks.

Here are some key services offered by TIB:

TIB's dedication to its partner banks has earned it a reputation as a reliable and trustworthy partner in the banking industry.

Acquiring a Bankers' Bank can be a complex process, but understanding the basics can help. In January 2010, all deposits of IBB Bridge Bank, N.A. were transferred to The Independent BankersBank (TIB) in Irving, TX.

The FDIC created a bridge bank to take over the operations of Independent Bankers' Bank on December 18, 2009. This newly created bank is IBB Bridge Bank, N.A.

The creation of a bridge bank allows its client banks to transition their correspondent banking needs to other providers with minimal disruptions. This can be a huge relief for banks that rely on these services.

The transfer of deposits from IBB Bridge Bank, N.A. to TIB in 2010 was a smooth process, thanks to the creation of the bridge bank.

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At a banker's bank, you can expect unparalleled service that's built on strong, lasting relationships with your community banking partners. They know you by name and are always available to discuss your day-to-day challenges.

Their commitment to you won't change, even as the banking industry evolves. They'll continue to provide high-quality correspondent services to help you succeed and grow.

You can rely on your customary account manager for guidance on how to address your specific needs. They'll provide business services as usual, so you can continue to bank with confidence.

Bankers' Bank offers a wide range of products, including secondary mortgages, safekeeping, and portfolio accounting, lending alternatives, federal funds, cash letter processing, municipal bond underwriting, investment trading, and more.

Bankers' Bank is state-chartered and has its headquarters in Madison, Wisconsin. It previously held the name of Bankers Bank Of Wisconsin before changing to Bankers' Bank in September 1993.

The mission of Bankers' Bank is to enhance the value of community-based financial institutions by delivering high-quality products and services at competitive pricing while providing a return to shareholders.

IBB Bridge Bank, N.A. will provide business services as usual, and you should continue to use your customary account manager for guidance on how to address your specific needs.

The Independent BankersBank (TIB) in Irving, Texas, acquired all deposits of IBB Bridge Bank, N.A. on January 13, 2010.

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If you're a customer of Independent Bankers' Bank, you can access a replay of a conference call held on December 19, 2009, by calling 1-866-505-6447 and entering the pass code 75045.

A written transcript of the call is also available for reference.

The FDIC Call Center is available to assist you, and you can reach them at 888-206-4662.

Independent Bankers' Bank offers a dividend history that can be a valuable resource for investors. Dividend history is a record of all the dividends that a bank has paid out to its shareholders over time.

The dividend history of Independent Bankers' Bank is detailed and easily accessible.