What is Privatized Banking?

What if you could recover every dollar you spend on the things you buy?
What if you could access your money, and continue growing it at the same time?
What if you could reverse the flow of your money away from financial institutions and back into your own household?
What if you could do all of this on a tax-free basis?

If the answer to the questions above were”yes”, then would you?

Privatized Banking utilizes the Infinite Banking Concept (IBC).  Equity Restoration Group and its members fully recognize and endorse IBC as it is presented by the concept’s founder and creator, R. Nelson Nash.  Mr. Nash has written a book on the subject, Becoming Your Own Banker, which is now in its 5th edition and has sold more than 200,000 copies..  Anyone interested in learning more about this subject is encouraged to Contact Us  directly to learn how to obtain a copy of this book. 

Banking is a system that has been utilized by banks, corporations, and wealthy individuals for over 200 years. Today, thousands of individuals and families are utilizing these same principles. They are beginning to turn away from traditional forms of investing that require uncomfortable amounts of risk, and are turning to safer and more predictable means of creating wealth.

Privatized Banking allows individuals and families to grow their wealth and simultaneously eliminate risk in their financial lives. By understanding the infinite banking concept, individuals can create a safe, predictable financial plan wherein real wealth can be created, both for themselves, retirement, and future generations.

Private Banking Systems can be implemented by any family in America that is capable of consistently saving money.

Sound Principles of Money
There are a couple ways to create wealth: You can increase the amount of money you make, or you can increase the amount of money you keep. The most damaging part of our personal finances is not the small rate of return that we are receiving on our investments, but it is the amount of money we spend every month on debt (car loan, mortgage, credit cards), interest, taxes, and opportunity cost (the growth your money could have earned had you not payed cash for your purchases). The basis of the banking concept is that by becoming your own bank and financing your own purchases, you minimize the amount of money you consistently lose, paying it back to yourself, and increasing your overall wealth. Redirecting the money that would otherwise go to debt, interest, and opportunity cost, will have a significantly more powerful effect on your finances than the rate of return on your investments ever will.

Permanent, Dividend Paying Life Insurance from Mutual Companies
Though the principles of banking are important, the vehicle in which the banking system is implemented is equally important. Whole life insurance has proven to be more useful as a banking system, than for the simple purpose of life insurance. Its qualities allow it to be the best suited vehicle for the purposes of the infinite banking concept. Whole life insurance has multiple advantages, including: Liquidity, Use, Control, Guarantees, Tax Free Growth, No IRS involvement, No Probate, Creditor Protection, Unlimited Funding, No Penalty Access, and Ownership. These advantages allow policy cash values to grow quicker and more efficiently than any other liquid fund available today. Additionally, its safety and guaranteed growth allow it to be an exceptional product for the use of the banking concept.

Start Small
Creating a physical bank would cost hundreds of thousands of dollars to start, your own private banking system, however, can be effective whether you are saving $100 or $10,000 dollars each month.

Lump Sums
Many individuals come into large lump sums of money whether its through an inheritance, work bonus, etc. The question often arises, what do I do with this extra capital? Using lump sums to fund your banking system can be one of the quickest ways to begin benefiting from you banking system. This money will have guaranteed growth when you’re not using it, and it will grow tax free. This money is liquid, and ready to be used for your next big purchase.

High Net Worth
The majority of those that have acquired a significant amount of wealth have worked hard to do so. A Privatized Banking System helps these individuals in a couple ways: It creates a place for wealth to reside, with guaranteed growth and tax advantages. The money is liquid in case an opportunity arises to utilize that money elsewhere. Additionally, the money that is used within the system passes on the heirs income tax free. This allows for large sums of money to be easily transferred, avoiding probate, and increasing, substantially, the amount of money passed on to the next generation.