SACRAMENTO, CA — The California Bankers Association (CBA), one of the largest state banking trade associations, and Independent Bankers Insurance Services (IBIS) entered a new strategic endorsement partnership to offer CBA members insurance services specifically for independent community banks.

IBIS specializes in insurance portfolio services for community banks in California and the United States. Because they insure only community banks, customers benefit from IBIS’s experience, service and direct underwriting contracts with all of the major underwriters of financial institution risk, providing bank directors and officers liability insurance, financial institution bonds, bank commercial property and other forms of bank insurance. With more than 35 years of experience, IBIS is one of the largest writers of community bank risk in the country.

“During these trying economic times, bank leadership must continually search out the best products and services that suit their bank’s needs,” said Rodney Brown, president and CEO of the CBA. “IBIS has a proven track record of providing insurance products specifically tailored to the needs of our community banks at a great value.”

“We are excited about our new partnership with the CBA and look forward to working with members to put the best insurance products to work for their bank,” said Patrick Corey, president of IBIS. “Member banks can look forward to benefiting from our experience and long-term underwriting relationships, which result in easy-to-read proposals, appropriate coverage and very competitive prices.”

For more information about IBIS, please contact Justin Corey at 480/734-6682 or jcorey@ibisinsurance.com or Stephen Clark, CBA SVP of strategic partnerships, at 916/438-4448 or sclark@calbankers.com.

About the California Bankers Association (CBA)

Established 120 years ago, the California Bankers Association (CBA) is one of the largest state banking trade associations in the country.  CBA leads the way in developing relevant educational and legislative solutions to some of California’s more pressing financial and banking issues, including adult financial empowerment, identity theft, financial privacy, and financial elder abuse.  CBA’s membership includes nearly 200 of California’s commercial, industrial and community banks and savings associations. For more information, visit www.calbankers.com.