Bankers' Bank Northeast

Bankers' Bank Northeast operates as a correspondent bank that provides correspondent services to community banks and credit unions in New England, New Jersey, and New York. It offers investment services in the areas of automated sweeps, deposit reclassifications, EBA and fed funds, securities safekeeping, and hedging services; credit services, such as fed funds liquidity lines, loan services, and letters of credit services; cash management services, credit card services, employee retirement plans, international services, lockbox services, and merchant card processing services; deposit operations in the areas of cash letters/images, coins and currencies, escrow accounting, and settlement services; and other services, including confidential record destruction services and portfolio solutions. The company was founded in 1997 and is based in Glastonbury, Connecticut.