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 04/14/14

From a macro viewpoint, it is hard to believe that the topsy-turvy ride on Wall Street this week had anything to do with the U.S. economy. Not only was there a lack of significant economic indicators to roil the markets. The few that did appear sounded a more positive than negative note, making a case for stability, not volatility. Even the equity rally that appeared on Tuesday and Wednesday appeared inconsistent with the facts. Instead of rallying on good news, investors drew encouragement from the minutes of the last Federal Reserve meeting in March, released on Wednesday with the usual three-week lag, which indicated that the Fed is in no hurry to lift interest rates. That’s a sign of economic weakness not strength.