TIB-The Independent BankersBank
Encyclopedia
TIB-The Independent BankersBank is the United States’s largest bankers’ bank, with over $20 billion in total assets under management
and providing correspondent banking products and services to over 1,900 community banks in 47 states—plus Guam and Bermuda. With offices in Texas, California, Washington, Oregon, Arizona, New Mexico, Oklahoma, Kansas, Tennessee, Louisiana, Florida, Illinois, and Georgia, TIB is owned by over 485 community banks and can be found on the Internet at www.mybankersbank.com.
TIB is one of 20 financial institutions across the United States of America specializing in correspondent banking. A bankers' bank
, as they are known throughout the banking industry, focuses on providing backoffice support and lending assistance to independent community banks. TIB's headquarters is located in Irving, Texas
and first opened in January 1982.
Services provided include: Loan Participations, Check Clearing, Card Services, Residential Mortgage Lending, Investments, Wire Transfer
, Electronic Settlement.
Assets under management
Assets under management is a financial term used denote the market value of funds being managed by a financial instutition on behalf of its clients, investors, depositors, etc. This metric is a sign of size and success against competition...
and providing correspondent banking products and services to over 1,900 community banks in 47 states—plus Guam and Bermuda. With offices in Texas, California, Washington, Oregon, Arizona, New Mexico, Oklahoma, Kansas, Tennessee, Louisiana, Florida, Illinois, and Georgia, TIB is owned by over 485 community banks and can be found on the Internet at www.mybankersbank.com.
TIB is one of 20 financial institutions across the United States of America specializing in correspondent banking. A bankers' bank
Bankers' bank
A bankers' bank is a financial institution that provides financial services to community banks in the United States of America. Bankers' banks are owned by investor banks and may provide services only to community banks....
, as they are known throughout the banking industry, focuses on providing backoffice support and lending assistance to independent community banks. TIB's headquarters is located in Irving, Texas
Irving, Texas
Irving is a city located in the U.S. state of Texas within Dallas County. According to the 2010 U.S. Census, the city population was 216,290. Irving is within the Dallas–Plano–Irving metropolitan division of the Dallas–Fort Worth–Arlington metropolitan area, designated...
and first opened in January 1982.
Services provided include: Loan Participations, Check Clearing, Card Services, Residential Mortgage Lending, Investments, Wire Transfer
Wire transfer
Wire transfer or credit transfer is a method of electronic funds transfer from one person or institution to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office...
, Electronic Settlement.