Achieved an average net operating margin of 5.0% for our client’s credit card programs in 2017-2018.
Corserv delivers a turnkey solution for financial institutions of all sizes to provide superior credit card programs to consumer, business, and commercial customers. For the 6,500 US banks and credit unions who currently do not own credit card loans, our unique issuer programs enable financial institutions to confidently and profitably enter the credit card lending business. A focused credit card issuing program can mature into a significant contributor to a bank’s assets and net operating margin. Corserv’s secure, cloud-hosted programs are scalable to serve the smallest to the largest financial institutions.
Corserv Programs optimize results by delivering a full-service card issuing solution and related card portfolio advisory services from our industry experts. We host it, handle application submission and decisioning, issue your branded credit cards, include self-service portals for cardholders, bank, and business staff, provide regulatory and marketing templates and reporting data – everything you need to quickly implement a profitable card issuing business. Corserv’s recommended “champion” origination and decisioning settings are based on decades of experience and result in our client’s portfolios outperforming industry average. Our solution is compliant and certified with the Payment Card Industry Data Security Standard (PCI DSS).