Correspondent Services - Lending

MIB has decreased all loans tied to Wall Street Journal Prime Rate from a base rate of 4.00% to 3.25% effective December 17, 2008 and has maintained its MIB Prime Rate at 4.00%.

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MIB Loan Department: It's Your Customer!

Because we serve only one market, community banking, there is no need to worry about losing your best loan customer to your correspondent bank competition. MIB has never and will never compete for your customer.

Through loan participations, the focus of our lending philosophy is to serve as an extension of your lending department.  This lending function is designed to emphasize a competitive yield, conservative debt structure, moderate risk, and a timely response. MIB wants to help you obtain and keep quality loans for your bank.

Expand Your Lending Limits!

You will discover that loan participations can be a new and prosperous way to tailor credits to fit the uniqueness of your local market.

MIB can assist your bank in over-line participation loans in nearly all types of credits.

What We Offer:

Our loan department can assist you with a wide range of loan participations:

  • Commercial Loans
  • Commercial Real Estate
  • Overlines
  • Bank Stock Loans
  • Ag Loans
  • Ag Real Estate               
  • Special Purpose Loans

Your request for assistance on a loan will be handled in a timely and professional manner.