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 Family 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.
What is a Family Bank Business?
A family bank business is based on the premise that a typical household, or business, can own 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
Life Insurance Agencies
Legacy Insurance Agency is an independent insurance agency that specializes in teaching others how the Infinite Banking Concept works.
Education
Read the bestselling book, Becoming Your Own Banker
Increase your Financial IQ. Financial Education books and audio to help you learn about private, family banking.
Get Started
Meet with a financial professional and start banking on yourself.