The Bancorp Bank


The Bancorp Bank Background Information

Since its inception in 2000, The Bancorp Bank is a wholly-owned subsidiary of publicly held The Bancorp, Inc (NASDAQ: TBBK), and promotes its products primarily through partnership models. While there are at least one Bancorp Bank locations, the Bank has focused efforts via online channels, in providing privately branded banking and technological systems development for many non-bank corporations. Through innovation and implementation, a customized banking solution has evolved with The Bancorp’s solid partnership programs across the United States. These “branchless banking” programs enable members, employees and customers of affinity partners to access online banking services, customized for them, under the affinity partner’s brand. The Bancorp Bank is FDIC insured and besides their non-traditional banking relationships, they enjoy providing financial products and services to a variety of small and medium sized companies through a regional community bank platform in the Wilmington and Philadelphia markets.

Check the Bank’s FDIC Status

The Bancorp Bank’s Business Segments

The private-label “non-banking” platform innovated by The Bancorp Bank consists of 4 primary parts – Stored-Value, Health Services, Retail/Merchant Processing and Wealth Management. The Stored-Value segment includes a heavy focus on the Prepaid Debit Card market. Under a customized branding initiative for Bancorp’s Affinity Partnerships, “branch-less banking” allows partners and their valued employees, program members and customers of partners to take advantage of the ease, convenience and efficiency of Online Banking. Bancorp has a goal to “Change the Way America Pays”(TM) through their prepaid product conduit and valued “Affinity Partnerships”.

Bancorp’s Dedication

While relying on partner feedback and improving the prepaid platform to the consumer, Bancorp’s core philosophy is focused on customer care. The Bankcorp Bank Payment Solutions Group will help partners grow their companies and achieve their goals with a wide spectrum of features including – issuing the prepaid debit card, guiding partners through the process, developing relationships with ancillary processors and fulfillment providers, customizing platforms and consulting partners to efficiently manage their programs to realize the highest ROI and program success possible.

About The Bancorp Bank
Stock Symbol: NASDAQ: TBBK
Corporate Headquarters: Wilmington, DE
Address: 409 Silverside Road, Wilmington, Delaware 19809

The Bancorp Bank Debit Cards

The Bancorp Bank Corporate Overview
The Bancorp Bank Website
Recent The Bancorp Bank News Items
  • Will Proposed Interchange Legislation Actually Help the Prepaid Debit Card Industry?

    The regulation of debit card interchange fees in the U.S. took a step closer to reality this week with the Senate’s passage of Senator Durbin’s “Interchange Fee Amendment” as part of the “Restoring American Financial Stability Act of 2010”. Regulation of interchange is a hotly contested topic, and the amendment is sure to meet with opposition in the House from the financial services industry in general and Visa (NYSE: V) and MasterCard (NYSE: MA). But does the Interchange Fee Amendment actually help the prepaid debit card industry?

  • Comments are in on the Federal Reserve Gift Card Rules

    In November, the Federal Reserve published their proposed rules for prepaid cards. The Federal Reserve set a shortened comment period, which ended yesterday. We’ve reviewed all of the publicly available comments and, with the exception of several comments (which we’ll discuss separately), our reaction is …. huh?

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  • Why does Bancorp take all of the money paid to them for a prepaid debit card if not used by a certain date? That is not your money.

    Dawn 1 month ago Reply

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