Banker's Bank

(redirected from Bankers' Banks)

Banker's Bank

A bank that provides loans and other services to small banks in local communities. Because they provide capital to (and therefore spread risk over) a large number of local banks, banker's banks enable community banks to provide retail services for a lower expense than otherwise would be possible. Banker's banks originated in Minnesota in 1975.
References in periodicals archive ?
PCBB is one of 21 bankers' banks throughout the United States and is the 3rd largest.
UBB was chartered in 1975 and began the bankers' bank movement, which has grown to 21 individually chartered bankers' banks located throughout the nation.
Pacific Coast Bankers' Bank (PCBB) is one of the premier bankers' banks in the country, providing world-class correspondent banking services and lending products to more than 332 independent financial institutions in the western U.
The EastPoint solution is characterized by its flexibility and scalability, being successfully used by bankers' banks, community banks, farm credit associations and other financial institutions with asset sizes ranging from deNovo to over $15 billion in assets.
The Federal Reserve Bank offers Bankers' Banks a discount to its settlement respondents because of the large volume of checks contained in their cash letters.
Consequently, the bankers' banks join the IBAA commending the board for their diligence.
We know that community banks put faith in their Bankers' Banks to provide accurate guidance and direction," said Nicholas Ceto, founder and president of Ceto and Associates.
IDC Deposits currently has alliances with several of the bankers' banks in the country and is managing approximately $225 million of institutional funds invested in portfolios of deposits at banks throughout the United States.
TIB is one of the nation's largest bankers' banks, providing a competitive edge to more than 800 independent community banks by providing them with the most innovative correspondent banking products and services available.
Goldleaf CEO Lynn Boggs commented, "Part of our business strategy is to expand and leverage our relationships with bankers' banks and focus on community financial institutions.
Located in Wichita, KS, BBOK is one of 18 Bankers' Banks in the U.
Bankers' Banks provide correspondent services, including loan participations and fed funds purchases, either directly or through strategic partnerships, to its owners and other community-based financial institutions.