Welcome to Bankers' Bank
OWN.IT™ - Image Cash Letter SolutionOWN.IT™ is the industry leading cash letter solution provided by Bankers' Bank. More than 350 client banks are enjoying the benefits that OWN.IT offers. This client-to-client item exchange enables banks to clear checks at reduced fees with improved availability of funds. Bankers' Bank is one of the Midwest’s largest image exchange networks with more than 15 million checks cleared each month.
To learn more about this exciting product that can reduce your clearing costs, help you gain operational efficiencies and improve your availability contact your Correspondent Officer today.
CAPITAL MARKET PROGRAMS
Bankers' Bank has introduced a DTC Eligible Certificate of Deposit Funding Program for community banks. Well capitalized banks have the ability to receive CD deposits that are DTC eligible. Banks can take $1 – 50 million in deposits and Bankers' Bank will facilitate clearing through DTC, meaning one payment will take care of all deposits. Settlement generally occurs as quickly as 8 days after the order is placed with no additional fees through Bankers' Bank. Settlement will occur through your DDA account at Bankers' Bank. Unlike FHLB advances, no collateral is required.
For more information on these alternative funding programs, please contact the Investment Department at (800) 955-4468.
CURRENT PRIME RATE: 3.25%
An Equal Housing Lender