The term individual banker denotes a person who, having complied with the statutory requirements, has received authority from the banking department to engage in the business of banking, subject to its inspection and supervision and to the burden imposed. [Perkins v. Smith, 116 N.Y. 441 (N.Y. 1889)].
The term individual banker appears to have been first employed in the state of New York as far back as the year 1840. [In re Wisner, 36 Mont. 298, 305 (Mont. 1907)].