Corserv’s Client Portfolio Performance
Banks achieve very profitable credit card programs with Corserv. In 2017-2018, the aggregate credit card accounts issued by our Account Issuer (AI) bank clients with Corserv achieved an average 5.0% net operating margin. Business accounts are a sweet spot for community banks and provided over 60% of the accounts and over 75% of the purchase volume for our clients.
The table below summarizes the performance of Corserv AI bank client’s credit card portfolios in 2017-2018.