Family Banking Resources
Family banking resources to help you learn more about how to create your own family bank business.
Private Family Banking is IBC in Practice
We advocate a form of “privatized banking” for families that relies on Nelson Nash’s Infinite Banking Concept (IBC). This alternative financial strategy is superior in practice when compared to traditional financing.
Use this page as a resource to learn more about private family banking. We strive to educate others on how to use Permanent, Dividend Paying, Whole Life Insurance as the cash-flow management vehicle for implementing the Infinite Banking Concept.
Learning Banking
Anyone can learn how to properly structure whole life insurance policies as “banking” polices for their family or business. However, it will take time, discipline and commitment.
You’ll also want to make sure you are working with an agent that practices IBC and works with mutual life insurance companies. Mutual companies are the preferred choice for family banking.
A family bank business is based on the premise that if a typical household, or business, owns the capability to perform the banking function. And, therefore recapture volumes of interest traditionally paid to other financial institutions (banks, mortgage companies, etc).
Use these Family Banking Resources
Family Banking Report – How IBC Works
Organizations
Nelson Nash Institute – Infinite Banking Concept