A banker's bank is a financial institution that exists to serve smaller banks. Generally, these are community banks that need access to the functions of larger institutions. In other words, this is a bank for bankers. They also may deal with credit unions. How does this work, and what are the potential benefits to big and smaller banks that are involved with it? You should be aware of these three aspects of a banker's bank and its purpose.

If you currently have one bank account, you might want to consider opening another one. Having several accounts is helpful in many ways, and there is no limit on the number of accounts you can have. When you have more than one, it might take you more time managing the accounts, but it also offers benefits. Here are some of the reasons people have several accounts. To Take Advantage of Perks