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 07/27/15

The July 28-29 Fed policy setting meeting is fast approaching, but all eyes are on the September 16-17 confab. That’s when a slim majority of economists expect the central bank to pull the rate trigger, hiking short-term rates for the first time since 2006. The upcoming meeting next week may set the stage for a September hike by including a more upbeat assessment of unfolding economic conditions in the post-meeting statement. It would be surprise, however, if the statement differed much from the June post meeting missive, which strongly suggested that a rate increase later this year would occur if the economy performed up to the Fed’s expectations.