Pub. 3 2012 Issue 1
www.wvbankers.org 26 Community Bankers’ Bank Celebrating 25 Years I n the summer of 1986, a group of Virginia bankers led the effort to establish a client owned correspondent bank that was not a competitor for their customers. That effort led to the formation and opening of Virginia Bankers’ Bank in January 1987. It was the 11th bankers’ bank organized in the United States. In 1996, the bank expanded its market to include financial institutions in the Fifth Federal Reserve Dis- trict (Virginia, Maryland, North Carolina, South Carolina, the District of Columbia, and most of West Virginia). To bet- ter reflect the footprint enlargement, the name was changed to Community Bankers’ Bank (“CBB”), and today CBB remains the only bankers’ bank headquartered in the Fifth Federal Reserve District. The staff of Community Bankers’ Bank is a dedicated group of banking professionals with an average of 22 years of experience. CBB has 108 shareholders and nearly 50% of all community banks within the Fifth Federal Reserve District have a correspondent relationship with CBB. Community Bankers’ Bank was organized to do busi- ness exclusively with community financial institutions. CBB’s strategic plan and mission statement dictate that it exists solely for the purpose of supporting and facilitating the success of its clients and shareholders. For 25 years, CBB has been a correspondent partner that can be relied upon in good times and bad, never competing for clients’ customers. CBB is part of a network of 16 bankers’ banks currently serving more than 6,000 community banks in 50 states by providing a comprehensive mix of wholesale correspondent and related services. At a time when many large regional and money center banks have sharply curtailed or abandoned correspondent banking services, CBB continues to fulfill a vital role – providing high-quality, solid and dependable correspon- dent banking services to community banks throughout the Mid Atlantic seaboard. Q –Tony Reitzel, Senior Vice President, BB&T Regional Loan Administrator, Winston-Salem, NC In any organization the key to advancement is knowledge and understanding—knowledge of the industry and the understanding of the interworking of your organization. For more than 60 years the Graduate School of Banking at LSU has provided bankers the knowledge and understanding they need to achieve their full potential. For more information about the school ask one of our 14,000+ graduates. Who is better qualified to take charge of your professional development than you? “The Graduate School of Banking at LSU offers graduate-level educational opportunities for professionals in our highly dynamic industry. The core curriculum is cross-disciplinarian offering of courses in Bank Financial Analysis, Economics, Law, Marketing, Regulatory & Asset/Liability Management with a capstone Bank Simulation Model. Additional specialty courses coupled with real-world case studies round out a comprehensive learning environment. Not only do the students share in the educational process and collaboration but also build life-long friendships. Louisiana State University provides excellent housing and classroom facilities in a beautiful campus setting. Without hesitation, I strongly recommend this program to other banking professionals.” www. gsblsu .org of your career Take Charge For information on the May 20-June 1, 2012 session , contact: Graduate School of Banking at LSU , 4273 Highland Road, Baton Rouge, LA 70808-4541 (888)278-0025
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