loops - Double break java

I am programming with Java, and I do not understand how to use the break; command to get out of more than one loop.

Here is some code that I tried:

    while (true){
        System.out.println("\n\nBank Menu: \nWhat action do you want to perform(Enter a number)?\n\n1. Create a bank account \n2. Log in to a preexisting account \n3. Exit bank system");
        String action1 = scanner.next();
        if (action1.equals("1")) {
            if(!(password==null)){
                if(createAccountTracker==1){
                    createAccountTracker=0;
                    break;
                }
                System.out.println("Are you sure? Creating a new account will remove your preexisting account\n1.Yes\n2.Cancel");

                createaccount = scanner.next();

                if(createaccount.equals(2)) {
                    createAccountTracker=1;
                    break;
                }
            }

            System.out.println("What will your account name be(One Word Only)?");
            accName = scanner.next();

            System.out.println("Please enter your account password: ");
            passwordCheck1 = scanner.next();
            System.out.println("Please reenter your account password: ");
            passwordCheck2 = scanner.next();
            if(passwordCheck1.equals(passwordCheck2)){
                password= passwordCheck2;
                System.out.println("Your account has been made!\n\nThank you for creating an account!\nAccount name: " + accName + "\nPassword: " + password );
                accBalance=0;
            }
            else{

                System.out.println("Error: Two passwords entered do not match. Please try again.");
            }
        }

I am trying to make it so that if they enter 2(cancel), the code will break out of the two loops and go back to the bank menu. The question I saw on SO did not really help me understand. Thanks in advance!

Answer

You can break out of 2 loops this way:

outer: 

while(condition) { // while or for loops, same way
    while(condition2) {
        break outer; // break out of the 2 loops
    }
}

// Other code

The "outer" label marks the outsider loop.