Tuesday, May 1, 2009

Independent Bankers Bank


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

For almost 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 1/30/12

The Federal Reserve commanded center stage this week, holding its regular policy-setting meeting and delivering on its highly-telegraphed promise to reveal the interest rate forecast of the 17 members of the Federal Open Market Committee over the next three years.

Chairman Ben Bernanke has long been an advocate of more transparency in the policy making process; this week, he followed through in spades, particularly with the remarkable honesty and openness with which he conveyed his thoughts in the press conference following the FOMC meeting.

True, nothing terribly exciting or surprising came out of the policy session, but the markets nonetheless drew comfort just from the reaffirmation that the Fed will be keeping rates at rock-bottom levels over the foreseeable future, and stands ready to take more action if the economy falters.