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 11/24/14

Friday’s news that China is cutting interest rates to stimulate its flagging economy adds to the growing list of countries that are struggling with the same problem. As noted last week, Europe is barely staying above recessionary waters, growing by an anemic 0.2 percent in the third quarter, following a 0.1 percent growth rate in the second. This week it was revealed that Japan, the third largest global economy, actually fell back into its fourth recession since 2008, as activity contracted for the second consecutive quarter in the July-September period. Incoming data this week indicate that conditions in both Europe and China continued to weaken in October, reinforcing the gloomy economic climate developing overseas.