Tuesday, May 1, 2009

Independent Bankers Bank


IBB is a correspondent Bankers’ Bank dedicated to serving Southern based Financial Institutions.

For over 30 years, Independent Bankers’ Bank has consistently served community financial institutions as a critical partner and vendor.  Throughout changing, and recently turbulent times, we have been right here helping our clients navigate the future of community banking safely.

 

IBB is a wholly owned subsidiary of Bankers Bancorporation of Florida, Inc.  Founded in 1983, we are a state chartered, FDIC insured member of the Federal Reserve System committed to serving the interests of community based financial institutions, their officers and directors.

 

IBB is member owned, with client institutions in the primary states of Florida, Georgia and Alabama.  Using the collective demand and volumes of our members, we are able to achieve economies of scale that lowers the cost of payment services while returning credit participation support, investment expertise, audit / compliance review and general market insights to our member – owners. 

 

As part of our mission, we develop and provide asset and financial transaction related products to our clients that may not be readily available or too costly for a community financial institution to implement individually.  As the needs of our customers evolve, so too does the service offering of IBB.


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weekly economic
commentary 06/29/15

There is still a month of data yet to be released, but the second quarter is looking better with each economic report. Indeed, even the first quarter turned out to be not as shabby as thought a month ago. According to the third revision by the Commerce Department, the economy “only” contracted by a 0.2 percent annual rate during the period, a better showing than the second estimate that put the shrinkage at 0.7 percent. Of course, the first estimate in late April assumed the economy was actually growing by a 0.2 percent pace, so the back and forth revisions only demonstrates how much noise infiltrated the figures during the early months of the year.