NU Online News Service, Nov. 3, 2:14 p.m. EST

InsurBanc, the bank founded by insurance agents for insurance agents, said it has joined the American Association of Managing General Agents (AAMGA) as a business services member.

David Tralka, president and chief executive officer of Farmington, Conn.-based InsurBanc, said his firm's knowledge of the insurance industry "can help give MGAs a competitive edge in the marketplace. InsurBanc's array of professional cash management services can be beneficial in helping MGAs to create efficiencies to add to their bottom line."

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