Below are relevant press releases and news articles about Corserv’s credit card programs.

Corserv News (click on title to read the news)

Fidelity Bank Upgrades Credit Card Offering for Local Businesses with Corserv

Corserv Partners with Boost Payment Solutions to Optimize the Acceptance of Commercial Cards

Bank Director.com: Three Steps to Building a Commercial Card Program In-house

Corserv’s President Anil Goyal Accepts 2021 Technology Association of Georgia FinTech ADVANCE Award

Corserv Announced as 2021 TAG FinTech ADVANCE Award Winner

Corserv Named 2021 Technology Association of Georgia FinTech ADVANCE Award Winner

Credit Card Issuing Technology Veteran Gregg Hoffman Joins Corserv as Director of Business Development

Democratizing The Commercial Card — For SMBs, And Small Banks, Too

MACHIAS SAVINGS BANK SELECTS CORSERV FOR CREDIT CARD ISSUING

Corporate Cards Go Virtual For Greater Functionality

Helping Community Banks Reclaim Commercial Card Control

BANK OF CLARKE COUNTY ADVANCES CREDIT CARD CAPABILITIES WITH CORSERV

Commercial Cards Fuel The Next Wave Of Bank-FinTech Competition

COLUMBIA BANK TAPS CORSERV TO LAUNCH BUSINESS CREDIT CARD PROGRAM

VALLEY REPUBLIC BANK PARTNERS WITH CORSERV FOR CREDIT CARDS FOR RELATIONSHIP CUSTOMERS

FIVE STAR BANK PARTNERING WITH CORSERV TO OFFER CREDIT CARDS

CREDIT CARD DECISIONING SUCCESS STORY

CPI CARD GROUP’S ENCASED TUNGSTEN METAL CARD RECEIVES RECOGNITION AT ICMA’S ÉLAN AWARDS

BUSINESS FIRST BANK PARTNERING WITH CORSERV TO OFFER CREDIT CARDS

MIDWEST BANKCENTRE ROLLS OUT NEW CONSUMER, BUSINESS & COMMERCIAL MASTERCARD® CREDIT CARDS IN PARTNERSHIP WITH CORSERV

FREMONT BANK PARTNERS WITH CORSERV TO OFFER CONSUMER AND BUSINESS CREDIT CARDS WITH PERSONALIZED SERVICE

SOUTH SHORE BANK PARTNERS WITH CORSERV TO BETTER SERVE BUSINESS AND CONSUMER CUSTOMERS BY OFFERING MASTERCARD CREDIT CARDS

THE FIRST NATIONAL BANK IN SIOUX FALLS PARTNERS WITH CORSERV TO OFFER MASTERCARDS TO INDIVIDUAL AND BUSINESS RELATIONSHIP CUSTOMERS

RELIANT BANK PARTNERS WITH CORSERV TO OFFER CREDIT CARDS WITH PERSONALIZED COMMUNITY BANK SERVICE

WEST END BANK PARTNERS WITH CORSERV TO PROVIDE BUSINESS AND CONSUMER CUSTOMERS WITH SUPERIOR CREDIT CARDS

 

Fidelity Bank Upgrades Credit Card Offering for Local Businesses with Corserv

ATLANTA, September 14, 2021 Corserv, a company that empowers banks and fintechs with payment programs, has implemented a credit card program with $2.7B Wichita Kansas-based Fidelity Bank focused on commercial and business cards for local businesses, municipalities, and non-profit organizations.

Fidelity Bank, a fourth-generation family-owned bank, abides by a simple promise: To create a better future by acting with courage and integrity alongside its customers and in the communities in which it serves. With this in mind, Fidelity sought to enhance its credit card offering capabilities and provide a customized experience for its commercial and business customers.

“Our customers, especially our commercial and business customers, wanted a competitive credit card option with local service,” said Jason West, SVP/ Director of Payments and Commercial Services at Fidelity Bank. “Corserv’s Account Issuer Program lets us provide attractive credit card products while keeping the interchange, loan interest, and fees in our bank. Corserv’s business and commercial cards enable us to compete with the largest banks by way of self-service spend controls, virtual cards, support for ePayables, and an integrated expense reporting system.”

“We created the Account Issuer Program to enable banks like Fidelity to own their credit card financials while providing local service and getting access to their customer data without adding staff”, said Anil Goyal, President of Corserv. “Fidelity Bank is using our program to meet the customer demand for flexible credit cards that also increase Fidelity’s non-interest income from interchange. We look forward to working with Fidelity to market and service credit card products for their local customers.”

About Fidelity Bank

Fidelity Bank, N.A. is a fourth-generation, family-owned financial institution based in Wichita, Kansas. Fidelity Bank has over 500 employees and more than $2.7 billion in assets across 21 offices in the Wichita, Oklahoma City, Tulsa and Kansas City metro areas. Visit fidelitybank.com for more information.

About Corserv

Corserv provides payment services including a turnkey issuing program for credit cards, P-cards, and virtual cards that enables Banks and Fintechs to deliver competitive, branded payment services to their customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution and open APIs – everything clients need to quickly build a successful card-issuing business. Our Bank and Fintech clients increase their earnings per share by benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, they deepen their customer relationships. For more information, please visit www.corservsolutions.com.

Contacts:

Media Contact: Kendall Carwile, The William Mills Agency, (1.678.781.3074), Kendall@williammills.com

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

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Corserv Partners with Boost Payment Solutions to Optimize the Acceptance of Commercial Cards

ATLANTA, August 10, 2021 Corserv, a company that empowers banks and fintechs with payment programs, has partnered with Boost Payment Solutions (Boost), the global leader in optimizing the use and acceptance of commercial card products, to expand the utilization of commercial card offerings for financial institutions.

Community and mid-sized banks and credit unions have traditionally struggled to add virtual commercial card services. Corserv enables these financial institutions to deliver competitive, branded payment services to their business customers while Boost expands the acceptance of virtual card payments for these businesses. For the banks, this results in increased card usage by increasing the number of suppliers who can accept the virtual cards.

“Virtual cards are growing in importance as more businesses move from the labor-intensive check payment and ACH processes to making and accepting electronic payments via Straight Through Processing (STP),” said Carl Mazzola, Chief Strategy Officer for Boost. “Partnering with Corserv provides competitive programs for financial institutions that are making this necessary move to provide stronger digital banking services to their commercial customers.”

Corserv’s partnership with Boost enables Corserv’s bank clients to offer Boost’s assistance to their commercial card customers to enable their suppliers to accept Straight-Through Processed virtual card payments with automated funding directly into the suppliers’ bank account (no terminal, hardware or software is required) while remittance data can be provided in the suppliers’ preferred format so it can be easily posted into the suppliers’ AR systems and reconciled. Banks benefit from increasing commercial card spend from the associated virtual cards, expanding their customers’ network of commercial card acceptors, simplified supplier onboarding, and growing their interchange revenue.

“At Corserv it is important for us to continue adding value to our product,” said Anil Goyal, president at Corserv. “The integration with Boost allows Corserv customers to compete in today’s digital world, providing a turn-key virtual card ePayables enablement solution for banks who normally wouldn’t have the resources.”

Contacts:

Media Contact: Kendall Carwile, The William Mills Agency, (1.678.781.3074), Kendall@williammills.com

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About Corserv
Corserv provides payment services including a turnkey issuing program for credit cards, P-cards, and virtual cards that enables Banks and Fintechs to deliver competitive, branded payment services to their customers. Corserv’s secure hosted programs combine credit, compliance and marketing expertise with modern online solution and open APIs – key elements clients need to quickly build a successful card-issuing business. Corserv’s clients increase their earnings per share by benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, they deepen their customer relationships. For more information, please visit www.corservsolutions.com.

About Boost
As the leader in B2B electronic payments, Boost optimizes how commercial card payments are initiated, processed, funded and reported. Boost’s technical innovations have transformed commercial cards into a more cost effective scalable and secure alternative to traditional checks, wires and ACH. Boost features a global footprint that serves a broad spectrum of industries. Boost was founded in 2009, and is headquartered in New York, NY. Please visit us at www.boostb2b.com.

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Corserv’s President Anil Goyal Accepts 2021 Technology Association of Georgia FinTech ADVANCE Award

Corserv Named 2021 Technology Association of Georgia FinTech ADVANCE Award Winner

ATLANTA, July 7, 2021 Corserv, a company that empowers banks and FinTechs with payment programs, was recently named as a 2021 TAG FinTech ADVANCE Award winner by the Technology Association of Georgia (TAG), the state’s foremost organization devoted to the advancement of Georgia’s technology industry.

The TAG FinTech ADVANCE program recognizes U.S. FinTech companies with innovative FinTech solutions that deliver measurable results and have connections to Georgia. Unlike start-ups, ADVANCE companies have customers, revenues and can demonstrate results that they are helping the financial industry move forward through innovation. Corserv was selected as one of six winners announced at the FinTech South Conference.

“Corserv’s innovative credit card programs enable our bank and FinTech clients to provide the best credit card issuing solution for large companies, small to medium sized businesses, consumers, municipalities, and non-profits,” said Anil Goyal, president, Corserv. “We are honored to be recognized as a 2021 TAG FinTech ADVANCE Award winner and look forward to continue to deliver the best card program services for our customers.”

Contacts:

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About Corserv
Corserv provides payment services including a turnkey issuing program for credit cards, P-cards, and virtual cards that enables Banks and Fintechs to deliver competitive, branded payment services to their customers. Corserv’s secure hosted programs combine credit, compliance and marketing expertise with modern online solution and open APIs – key elements clients need to quickly build a successful card-issuing business. Corserv’s clients increase their earnings per share by benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, they deepen their customer relationships. For more information, please visit www.corservsolutions.com.

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Credit Card Issuing Technology Veteran Gregg Hoffman Joins Corserv as Director of Business Development

ATLANTA, June 30, 2021 Corserv, a company that empowers banks and fintechs with payment programs, has added Gregg Hoffman, a 20+ year veteran of credit card issuing technology companies to their executive team as the Director of Business Development.

Prior to joining Corserv, Hoffman has had a successful career in the credit card issuing industry with companies including FNBO, Marlett Funding, The Kessler Group, and MBNA. In his new role, Hoffman will develop and maintain strong, strategic relationships with key decision makers within the banking and financial technology space as well as pursuing potential partnership opportunities.

“I am excited to write the next chapter of my career with the expert team at Corserv”, said Hoffman. “Having created partnerships with banks for Agent Bank cards in the past, I immediately appreciated that Corserv has created a turn-key credit card issuing program for banks that is more profitable, provides better products and service, enables the bank to make the credit decisions, and does not require the bank to add staff.”

“We are fortunate to have Gregg join the Corserv’s team,” said David Luther, Chief Business Officer of Corserv. “Gregg brings top-notch knowledge, integrity, and skills to help Corserv partner with community and regional banks for successful credit card issuing.”

Hoffman graduated from the University of Delaware with his Bachelor of Arts in Political Science and Boston University with his Masters of Business Administration. He also served as a Captain and Aviation Operations Officer in the United States Marine Corps.

Contacts:

Media Contact: Angelo Jones, The William Mills Agency, (1.678.781.3074), angelo@williammills.com

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About Corserv
Corserv provides payment services including a turnkey issuing program for credit cards, P-cards, and virtual cards that enables Banks and Fintechs to deliver competitive, branded payment services to their customers. Corserv’s secure hosted programs combine credit, compliance and marketing expertise with modern online solution and open APIs – key elements clients need to quickly build a successful card-issuing business. Corserv’s clients increase their earnings per share by benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, they deepen their customer relationships. For more information, please visit www.corservsolutions.com.

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MACHIAS SAVINGS BANK SELECTS CORSERV FOR CREDIT CARD ISSUING

ATLANTA, June 15, 2021 Machias Savings Bank, a $2.0B in assets bank in Machias, Maine, selected Corserv, a company that empowers banks and fintechs with payment programs, as their partner to provide a market-leading credit card program to their commercial, business, and consumer customers. The bank selected Corserv after a nationwide search for a solution to provide a more robust commercial card platform to support virtual cards, purchase cards and comprehensive card controls.

After analyzing their Agent Bank program, Machias Savings Bank knew they needed a more complete program that would allow them to better serve their customers while continuing to grow their lines of income. With Corserv’s credit card program, Machias will be able to service their customers’ needs locally with top tier technology and services.

Machias Savings Bank has been fostering long-lasting customer relationships throughout Maine since 1869. “Corserv’s program enables Machias Savings Bank to make the credit decisions for our customers and keep the loans in our local community bank,” said Matt Walsh, Chief Financial Officer at Machias Savings Bank. “Unlike our previous Agent Bank program, Corserv allows Machias to keep the interchange, interest, and fees while also providing access to cardholder data and tools that make it possible for us to provide exceptional service to our customers while advancing their financial health.”

“We are thrilled that Machias Savings Bank chose Corserv to provide a unique credit card issuing solution that enables the bank to own the assets without having to invest in credit card specific technology, people and regulatory compliance,” said Jerry Craft, CEO of Corserv. “Machias’s analysis of the proposals from the market validated that Corserv’s program provides better credit card products, service, and financial returns for community banks like Machias Savings Bank and their customers.”

Contacts:

Media Contact: Angelo Jones, The William Mills Agency, (1.678.781.3074), angelo@williammills.com

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About Machias Savings Bank
Machias Savings Bank is Maine’s fifth largest community bank with $2.0 billion in assets and 15 branches from Portland to Caribou. Based in Machias since 1869, Machias Savings Bank seeks to move Maine forward through financial health, one person, one business and one community at a time. More details about Machias Savings Bank can be found online at machiassavings.bank. Member FDIC.

About Corserv
Corserv provides payment services including a turnkey issuing program for credit cards, P-cards, and virtual cards that enables Banks and Fintechs to deliver competitive, branded payment services to their customers. Corserv’s secure hosted programs combine credit, compliance and marketing expertise with modern online solution and open APIs – key elements clients need to quickly build a successful card-issuing business. Corserv’s clients increase their earnings per share by benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, they deepen their customer relationships. For more information, please visit www.corservsolutions.com.

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BANK OF CLARKE COUNTY ADVANCES CREDIT CARD CAPABILITIES WITH CORSERV

ATLANTA, June 2, 2021 Corserv, a company that empowers banks and fintechs with payment programs, has implemented a credit card program with Berryville Virginia -based Bank of Clarke County ($1.1 billion in assets) for their commercial, business, and consumer customers.

Bank of Clarke County was especially focused on improving their commercial card products, features, and service for local businesses. The commercial and purchasing cards from Corserv have enabled Bank of Clarke County to better service their market without adding staff.

“I previously saw the virtues of Corserv’s credit card program at another bank and was excited to bring it to Bank of Clarke County,” said Brandon Lorey, CEO of Bank of Clarke County. “Through Corserv’s Account Issuer Program, we’re able to provide cutting edge services that allow us to stay competitive as a local community bank all while keeping the interchange, loan interest, and fees within our walls. Utilizing services such as self-service spend controls, virtual cards, support for ePayables, and a free expense reporting system have created additional opportunities for us to better serve our local businesses.”

“The Account Issuer Program was created with banks like Bank of Clarke County in mind, allowing them to own their credit card financials without the need to add expertise, infrastructure, or staff”, said Anil Goyal, President of Corserv. “Bank of Clarke County is using our program to provide better credit card products and service to their local businesses, municipalities, and consumers. We look forward to working with Bank of Clarke County to continue to market and service credit card products for their customers.”

Contacts:

Media Contact: Angelo Jones, The William Mills Agency, (1.678.781.3074), angelo@williammills.com

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About Bank of Clarke County

Founded in 1881, Bank of Clarke County is a wholly owned subsidiary of Eagle Financial Services, Inc. (OTC:EFSI). The mission of BoCC is to be a trusted partner and preferred provider of financial solutions in the communities we serve by using the power of every connection.

Bank of Clarke County offers a broad range of commercial banking, retail banking and trust and investment services through 13 bank branches and 1 loan production office located throughout Clarke, Frederick, Loudoun and Fairfax Counties, as well as the City of Winchester, Towns of Purcellville and Leesburg. The Bank provides various banking products and services including free access to over 55,000 ATMs through the Allpoint® network plus online and mobile banking for individuals and businesses.

The Company’s common stock trades on the OTC Markets Group’s OTCQX Market under the symbol EFSI. For more information about Eagle Financial Services, Inc., and the Bank, please visit our website at k.www.bankofclarke.bank.

About Corserv

Corserv provides payment services including a turnkey issuing program for credit cards, P-cards, and virtual cards that enables Banks and Fintechs to deliver competitive, branded payment services to their customers. Corserv’s secure hosted programs combine credit, compliance and marketing expertise with modern online solution and open APIs – key elements clients need to quickly build a successful card-issuing business. Corserv’s clients increase their earnings per share by benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, they deepen their customer relationships. For more information, please visit www.corservsolutions.com.

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COLUMBIA BANK TAPS CORSERV TO LAUNCH BUSINESS CREDIT CARD PROGRAM

ATLANTA, March 31, 2021 Fair Lawn, N.J. – based Columbia Bank ($8.8 billion in assets) is now leveraging business and commercial credit cards powered by Corserv, a company that empowers banks and fintechs with payment programs for commercial, small business, and consumer customers.

After learning of Corserv’s program from an existing Corserv client, Columbia Bank selected and implemented Corserv’s card program to offer sophisticated Columbia-branded card products, including purchasing cards, virtual cards, ghost cards, an expense reporting system, self-service admin portals, limits controls and alerts, and ePayables, initially for commercial and business customers.

“Our customers value our approach to delivering the best products in a personal way. As their bank of choice, we want to be sure we are not only continuing to deliver the products and services that we are known for, but identify the products and services our customers will want to see in the future,” said Matt Clements, Head of Retail Sales and Product, Columbia Bank. “With Corserv’s card products, we were able to implement and now manage the program without adding staff or infrastructure. We also value the ability to own the credit decisioning and P&L, including revenue from interchange, interest, and fees, without the need to create a credit card policy, compliance program, and disclosures.”

Prior to selecting Corserv, Columbia Bank considered implementing a direct issuer program offered by leading card processors. The direct issuer program would have required Columbia to separately contract for an underwriting solution and fraud control solution. The bank would have also been required to obtain its own BINs from Mastercard, implement a compliance program, hire additional staff, and implement settlement with Mastercard among additional considerations.

“Full-service card issuing programs, especially with technology and support for commercial cards, are becoming an increasingly important part of a successful financial institution,” said David Luther, Chief Business Officer, Corserv. “Columbia Bank understood this and sought not to only deliver the best card issuance experience to its customers but also own the growth and profits from the program. Corserv’s technology enables Columbia Bank’s program to share operating scale with multiple banks, leverage compliance support from a sponsor bank, and provide hosted and secure applications with automated underwriting, mobile capabilities, servicing, fraud management, rewards, reporting, marketing, and more.”

Contacts:

Columbia Bank: Matt Clements, Head of Retail Sales and Product, (1.201.796.3600), m.clements@columbiabankonline.com

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About Columbia Bank

Headquartered in Fair Lawn, NJ, Columbia Bank has an asset base of approximately 8.8 billion and 61 full-service offices throughout New Jersey. Columbia Bank offers a wide range of consumer and commercial products, including online and mobile banking, localized lending centers as well as title, investment, and wealth management services. For more information about Columbia Bank’s full line of products and services, visit their website at ColumbiaBankOnline.com.

About Corserv

Corserv provides payment services including a turnkey issuing program for credit cards, P-cards, and virtual cards that enables Banks and Fintechs to deliver competitive, branded payment services to their customers. Corserv’s secure hosted programs combine credit, compliance and marketing expertise with modern online solution and open APIs – key elements clients need to quickly build a successful card-issuing business. Corserv’s clients increase their earnings per share by benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, they deepen their customer relationships. For more information, please visit www.corservsolutions.com.

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VALLEY REPUBLIC BANK PARTNERS WITH CORSERV FOR CREDIT CARDS FOR RELATIONSHIP CUSTOMERS

ATLANTA, July 22, 2020 Corserv, a company that empowers Banks and Fintechs with payment programs, announced today that Valley Republic Bank has partnered with Corserv to offer credit cards to their professional, business, and non-profit relationship customers.

“We are dedicated to providing the best services to our relationship customers, and Valley Republic Bank can now do that for credit cards with the full featured program from Corserv”, said Geraud Smith, President and Chief Executive Officer of Valley Republic Bank. “Corserv’s program enables us to provide excellent customer service and powerful features such as alerts, controls, and virtual cards for a full suite of competitive credit card products.”
“We support Valley Republic Bank’s focus on relationships and service with a program that considers the overall relationship with their customers when making credit decisions, and provides excellent customer service online, in branches, through a call center, or using an IVR”, said Jerry Craft, CEO of Corserv. “Corserv’s newest features for invoice payment automation and an expense reporting system enables Valley Republic Bank to better service local businesses, municipalities, and non-profits.”

Through Corserv’s program, Valley Republic Bank offers bank-branded Mastercard® Platinum Low-rate, Platinum, Platinum Rewards, and World cards to consumers and businesses, with Corporate, Corporate Rewards, Purchasing and Virtual cards offered to commercial customers. Use of these cards within Apple Pay, Google Pay, and Samsung Pay is also supported.

Learn about these Mastercard® credit card products now from Valley Republic Bank’s relationship bankers.

Contacts:

Valley Republic Bank: Christopher O’Neil, AVP Bankcard Manager, (1.661.564.3203), c.oneil@valleyrepublic.bank

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About Valley Republic Bancorp and Valley Republic Bank

Valley Republic Bancorp is a bank holding company formed in 2016. Valley Republic Bank is a wholly-owned subsidiary of Valley Republic Bancorp, headquartered in Bakersfield, California. The Bancorp is subject to the regulatory oversight of the Federal Reserve Bank, and the Bank is subject to the regulatory oversight of the Federal Deposit Insurance Corporation and the California Department of Business Oversight. Valley Republic Bank is an insured, state-chartered, non-member bank of the Federal Reserve System. The Bank is in its twelfth year of operation, having been established in 2009. Valley Republic Bank is a full-service, community bank with three full-service banking offices in Bakersfield, one full-service banking office in Delano, and a loan production office in Fresno. Valley Republic Bank emphasizes professional, high quality banking services provided to a wide range of businesses and professionals. The Bank also provides a full complement of banking services that are available to individuals and non-profit organizations.

About Corserv

Corserv provides payment services including a turnkey issuing program for credit cards, P-cards, and virtual cards that enables Banks and Fintechs to deliver competitive, branded payment services to their customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution and open APIs – everything clients need to quickly build a successful card-issuing business. Our Bank and Fintech clients increase their earnings per share by benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, they deepen their customer relationships. For more information, please visit www.corservsolutions.com.

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FIVE STAR BANK PARTNERING WITH CORSERV TO OFFER CREDIT CARDS

ATLANTA, July 2, 2020 Corserv, a company that empowers Banks and Fintechs with payment programs, announced today that Five Star Bank has partnered with Corserv to offer credit cards to consumer, business, and commercial customers.

“With Corserv’s credit card program, Five Star Bank now offers competitive credit cards and is able to make the credit decisions especially for our relationship customers,” said Krista Snelling, Executive Vice President, Chief Operating Officer and Chief Financial Officer of Five Star Bank. “Corserv’s solution provides robust features for our business customers such as a self-service card management portal, alerts and controls, and virtual cards to automate ePayables.”

“Corserv’s credit card program enables Five Star Bank to provide the best credit card products with local service for businesses, municipalities, and non-profits,” said Jerry Craft, CEO of Corserv. “Five Star Bank’s program considers the overall relationship with their customers when making credit decisions, setting a credit line, and assigning an APR – something National providers can’t do.”

Through Corserv’s program, Five Star Bank offers bank-branded Mastercard® Platinum Low-rate, Platinum, Platinum Rewards, and World cards to consumers and businesses, with Corporate, Corporate Rewards, and Purchasing cards offered to commercial customers. Cardholders can manage their accounts online, on mobile phones or through a multi-lingual IVR.  Use of these cards within Apple Pay, Google Pay, and Samsung Pay is also supported.

Learn about these Mastercard® credit card products now at branch locations.

Contacts:

Five Star Bank: Shelly Wetton, Chief Marketing Officer,  (1.916-640-1507), swetton@fivestarbank.com

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About Five Star Bank

Five Star Bank was founded in 1999 by a group of local entrepreneurs seeking specialized banking services with an emphasis on commercial real estate and small business. Today, Five Star Bank is among the top performing banks in the nation for banks of its size. With offices in Roseville, Sacramento, Elk Grove, Rancho Cordova, Chico and Redding, Five Star Bank is a deeply rooted steward of community and arbiter of economic development with a focus on reinvestment of capital in the Capital Region. Five Star Bank, a locally owned and based community bank, delivers expedient decision-making by professionals with regional expertise. For more information about Five Star Bank please visit http://www.fivestarbank.com.

About Corserv

Corserv provides payment services including a turnkey issuing program for credit cards, P-cards, and virtual cards that enables Banks and Fintechs to deliver competitive, branded payment services to their customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution and open APIs – everything clients need to quickly build a successful card-issuing business. Our Bank and Fintech clients increase their earnings per share by benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, they deepen their customer relationships. For more information, please visit www.corservsolutions.com.

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CPI CARD GROUP’S ENCASED TUNGSTEN METAL CARD RECEIVES RECOGNITION AT ICMA’S ÉLAN AWARDS

LITTLETON,CO (June 27, 2019)–Company Named First Finalist in Best Secure Payment Card Category

CPI Card Group® (Nasdaq: PMTS, TSX: PMTS) (“CPI” or the “Company”), a global leader in financial, EMV® and dual interface chip card production and related services, today announced recognition the Company received from the International Card Manufacturers Association’s (ICMA) 2019 Élan Awards of Excellence. The awards celebrate design innovation, security and technical achievements in the industry by leading global manufacturers.

CPI was named First Finalist in the Best Secure Payment Card category for the manufacturing of Pinnacle Financial Partners/Corserv Holdings, Inc.’s World Elite Encased Tungsten card design. The card delivers a unique experience for cardholders through its innovative sleek black metal design and eye-catching appeal, which is elevated by the use of digital rainbow foil. Manufactured with encased tungsten, the card brings a remarkable weight – over 20 grams – that punctuates its luxurious feel.

“We promise our clients a distinctive experience, and the Pinnacle World Elite card helps us deliver it,” said Jamie Sweeney, card program manager for Pinnacle Financial Partners. “Our partners at CPI are always terrific collaborators, and the work they did to bring this vision to life is a perfect example of what they can accomplish. Because of them, our clients have a stylish, sophisticated addition to their wallets that represents the best of our brand.”

The Pinnacle World Elite Encased Tungsten card is a product from CPI Metals™, CPI’s growing suite of metal card solutions. In addition to tungsten, CPI also counts encased steel among its premier metal fusion options. Paired with the company’s advanced personalization capabilities and luxurious packaging options, CPI Metals allows financial institutions to bring cardholders truly differentiated premium metal card programs.

“We’re excited to receive this honor from ICMA. The recognition reflects our dedication to going above and beyond to meet our customer’s needs and exceed expectations,” said Jason Bohrer, Senior Vice President and General Manager for Secure Card Solutions at CPI Card Group. “Our team takes pride in helping our customers reflect their brand through products that truly stand out. We look forward to giving more financial institutions the ability to offer cardholders a premium payment experience.”

To learn more about CPI Metals, click here.

About CPI Card Group
CPI Card Group is a payment technology company and leading provider of credit, debit and prepaid solutions delivered physically, digitally and on-demand. CPI helps our customers foster connections and build their brands through innovative and reliable solutions, including financial payment cards, personalization and fulfillment, and Software-as-a-Service (SaaS) instant issuance. CPI has more than 20 years of experience in the payments market and is a trusted partner to financial institutions and payments services providers. Serving customers from locations throughout the United States, CPI has a large network of high security facilities, each of which is certified by one or more of the payment brands: Visa, Mastercard®, American Express and Discover®. Learn more at www.cpicardgroup.com.

About Pinnacle Financial Partners
Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance products and services designed for businesses and their owners and individuals interested in a comprehensive relationship with their financial institution. The firm is the No. 1 bank in the Nashville-Murfreesboro-Franklin MSA, according to 2018 deposit data from the FDIC. Pinnacle earned a spot on FORTUNE’s 2019 list of the 100 Best Companies to Work For® in the U.S., its third consecutive appearance. American Banker recognized Pinnacle as one of America’s Best Banks to Work For six years in a row.

The firm began operations in a single location in downtown Nashville, TN in October 2000 and has since grown to approximately $25.6 billion in assets as of March 31, 2019. As the second-largest bank holding company headquartered in Tennessee, Pinnacle operates in 11 primarily urban markets in Tennessee, the Carolinas and Virginia. Pinnacle partners with Corserv Holdings, Inc. to deliver its credit card program.

Additional information concerning Pinnacle, which is included in the Nasdaq Financial-100 Index, can be accessed at www.pnfp.com.

EMV is a registered trademark or trademark of EMVCo LLC in the United States and other countries.

For more information on Corserv, Inc. contact David Luther, Chief Business Officer at 404.822.8418.

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BUSINESS FIRST BANK PARTNERING WITH CORSERV TO OFFER CREDIT CARDS

ATLANTA (June 27, 2019) Corserv, a company that empowers banks with tools to manage credit card programs, announced today that Business First Bank has partnered with Corserv to offer credit cards to consumer, business and commercial customers.

“With Corserv’s credit card program, Business First Bank now offers competitive credit cards with rewards and self-service features,” said Alicia Robertson, EVP, Chief Treasury Management, Private Banking and Wealth Solutions Officer of Business First Bank. “Corserv’s solution allows us to make better credit decisions and deliver fully-featured credit card products to our customer base while continuing to provide the exceptional local service that our customers expect.”

“Corserv’s credit card products further enable Business First Bank to be the financial institution of choice for enterprises, their owners and employees,” said Jerry Craft, CEO of Corserv. “Business First will provide convenient self-service features that allow businesses to authorize additional cards within their credit limit, set spend controls, integrate with expense management software and monitor their card program.”

Through Corserv’s program, Business First Bank offers bank-branded Mastercard® Platinum, Platinum Rewards, and World cards to consumers and businesses, with Corporate, Corporate Rewards and Purchasing cards offered to commercial customers. Cardholders can manage their accounts online, on mobile phones or through a multi-lingual IVR, and, for peace of mind, cardholders can set up and manage alerts and controls on the cards as well. Use of these cards within Apple Pay, Google Pay, and Samsung Pay is also supported.

All of these Mastercard® credit card products are available now at b1BANK.com and branch locations.

For more information contact Business First Bank: Misty Albrecht, AVP, Marketing Director at 225.286.7879 or Corserv, Inc.: David Luther, Chief Business Officer at 404.822.8418.

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About Business First Bank
Business First Bancshares, Inc., through its banking subsidiary Business First Bank, operates 24 banking centers in markets across Louisiana and in Dallas, Texas. Business First Bank provides commercial and personal banking, treasury management and wealth solutions services to small to midsize businesses and their owners and employees. Visit http://www.b1BANK.com for more information. Business First’s common stock is traded on the NASDAQ Global Select Market under the symbol “BFST.”

About Corserv
Corserv provides payment services including a turnkey issuing program for credit cards, P-cards and virtual cards that enables financial institutions to deliver competitive, branded payment services to consumer, business and commercial customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution – everything clients need to quickly build a successful card-issuing business. Our financial institution clients increase their earnings per share by owning their customer loans and benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, financial institutions deepen their customer relationships. For more information, please visit http://www.corservsolutions.com.

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MIDWEST BANKCENTRE ROLLS OUT NEW CONSUMER, BUSINESS & COMMERCIAL MASTERCARD® CREDIT CARDS IN PARTNERSHIP WITH CORSERV

ST. LOUIS (March 19, 2019)– Midwest BankCentre has partnered with Corserv, Inc. to offer new credit card options to consumer, business and commercial customers.Existing bank staff will administer the new bank-branded MasterCard® Platinum, Platinum Rewards and World cards for consumers and businesses, and the Corporate, Corporate Rewards and Purchasing cards for commercial customers.

Midwest BankCentre credit card offering is equipped with self-service features for customers. Businesses can manage and authorize new cards within their credit limit using the Midwest BankCentre website. Transaction data can be exported easily into business expense management systems. Cardholders can manage their accounts online, on mobile phones, through a multi-lingual interactive voice response (IVR) system, and with alerts and controls that cardholders set.

All nine MasterCard® credit products are available now at www.midwestbankcentre.com and at the bank’s 19 branch locations in the City of St. Louis and St. Louis, St. Charles and Jefferson counties.

“Our competitive credit card program is part of our commitment to help customers with every part of their financial lives,” said Orvin Kimbrough, CEO of Midwest BankCentre. “Our partnership with Corserv allows us to make solid credit decisions for our customers by considering relationship history, not purely credit scores.”

“With over 100 years in the St. Louis area, Midwest BankCentre can offer outstanding credit card options that suit the needs of local consumers, businesses and organizations,” added Jerry Craft, CEO of Corserv. “Bank team members can make the best credit decisions through personal knowledge of customers, local businesses, municipalities and non-profits, and provide personalized service to customers.”

For more information, contact Marie Casey at Casey Communications, Inc., 314-721-2828, or David Luther, Chief Business Officer at Corserv, Inc., 404-822-8418.

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About Midwest BankCentre
Midwest BankCentre has been a mainstay of St. Louis community banking since 1906. It ranks among St. Louis’ largest locally owned banks with assets of about $1.9 billion and deposits of $1.4 billion. Midwest BankCentre works to empower people, enable businesses and energize neighborhoods through the strength of its commercial, retail and digital banking, business cash management, mortgage lending, home equity loans, financial planning and investments, and insurance. The bank is a local leader in the St. Louis Regional Unbanked Task Force and its Bank-On Save-Up St. Louis initiative. Since 2001, Midwest BankCentre has consecutively achieved the Bauer Financial 5-Star Superior financial rating each quarter. Further details are available at www.midwestbankcentre.com.

About Corserv
Corserv provides a turnkey credit card issuing program that enables financial institutions to deliver competitive, branded credit cards to consumer, business and commercial customers. Corserv’s secure hosted programs combine its credit, compliance and marketing expertise with a modern online solution for everything clients need to quickly build a successful card-issuing business. Corserv’s financial institution clients deepen their customer relationships while also increasing earnings per share by owning customer loans and benefitting from loan interest, interchange, fee income and economies of scale. For more information, visit www.corservsolutions.com.

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FREMONT BANK PARTNERS WITH CORSERV TO OFFER CONSUMER AND BUSINESS CREDIT CARDS WITH PERSONALIZED SERVICE

ATLANTA, October 17, 2018 Corserv, a company that empowers banks to offer credit cards, announced today that Fremont Bank has partnered with Corserv to offer Fremont branded credit cards to consumer, business, and commercial customers.

“As a family-owned banking leader, it is our mission to provide personalized services to our clients,” said Andy Mastorakis, CEO of Fremont Bank. “With Corserv we are able to provide competitive credit cards with local service, and personalized digital features such as card-holder selected limits, alerts, and rewards.”

“Fremont Bank has a tradition of providing personalized banking service to Bay Area communities,” said Jerry Craft, CEO of Corserv. “No one provides credit card services to relationship customers better than local bankers who consider relationship history, not just credit scores in their credit decisions.”

Through Corserv’s program, Fremont Bank offers Mastercard Platinum, Platinum Rewards, and World cards to consumers and businesses, with Corporate, Corporate Rewards, and Purchasing cards offered to commercial customers.  Business credit cards are a sweet spot for local banks who know and serve local businesses better than national credit card issuers. Fremont’s program includes self-service features for businesses to manage and even authorize new cards within their credit limit using a Fremont Bank website.  Transaction data can be exported into expense management systems.  Local Fremont staff can assist customers with their credit card applications and services.

All of these Mastercard® credit card products are available now at fremontbank.com and branch locations.

Contacts:

Fremont Bank: Devon Johnson, Vice President, Marketing, (1-510-505-5327), Devon.Johnson@fremontbank.com

Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About Fremont Bank

Fremont Bank (www.fremontbank.com) is a leading retail and commercial bank, California mortgage lender, award-winning top philanthropic business and consistently ranks in Bay Area News Group’s “Top Bay Area Workplaces.” Founded in 1964, Fremont Bank is one of the oldest independent family-owned and managed banks in the state and focuses on personalized service for clients. It has 20 branches across the counties of Alameda, Contra Costa, Santa Clara, San Francisco, and Monterey with a loan production office in Los Angeles county. Find Fremont Bank on Facebook at fb.com/fremontbank and on Twitter at @FremontBank.

About Corserv

Corserv provides a turnkey credit card issuing program that enables financial institutions to deliver competitive, branded credit cards to consumer, business and commercial customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution – everything clients need to quickly build a successful card-issuing business. Our financial institution clients increase their earnings per share by owning their customer loans and benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, clients deepen their customer relationships. For more information, please visit www.corservsolutions.com.


 

SOUTH SHORE BANK PARTNERS WITH CORSERV TO BETTER SERVE BUSINESS AND CONSUMER CUSTOMERS BY OFFERING MASTERCARD CREDIT CARDS

ATLANTA, July 12, 2018 Corserv, a company that empowers banks to offer credit cards, announced today that it has partnered with South Shore Bank to better serve their customers in Massachusetts’ South Shore communities by offering Mastercard credit cards. Competitive South Shore branded Mastercard Platinum, Platinum Rewards, and World cards will be offered to consumers and businesses, with Corporate, Corporate Rewards, and Purchasing cards offered to commercial customers.

“As a regional banking leader, it is our mission to meet the needs of our clients,” said James Dunphy, CEO of South Shore Bank. “Partnering with Corserv to provide a full suite of competitive Mastercard credit cards with the latest innovations like compatibility with Apple Pay®, MasterpassTM, Samsung Pay® and Google Pay® further enables us to meet our commitment.”
“South Shore Bank has been serving their clients since 1833,” said Jerry Craft, CEO of Corserv. “We are thrilled to help them meet their clients’ credit needs with South Shore Bank Mastercards.”

Through Corserv’s program, South Shore Bank will offer very competitive credit cards products with a host of benefits such as Price Protection, Extended Warranty, Mastercard Global Service, and MasterRental coverage. Cardholders have online access to their credit card and rewards information. Businesses can manage and even authorize new cards within their credit limit using a South Shore Bank website, and transaction data can be exported into expense management systems.

All of these Mastercard credit card products are available now at South Shore Bank online website and branch locations.

Contacts:
South Shore Bank: Dan Picha, Director of Commercial Services, (1.781.682.3243), dpicha@southshorebank.com
Corserv, Inc.: David Luther, Chief Business Officer, (1.404.822.8418), dluther@corservsolutions.com

About South Shore Bank
South Shore Bank is a full-service mutual savings bank with 16 locations in Massachusetts, located in eight communities throughout the South Shore. As a mutual savings bank, South Shore Bank is locally managed and dedicated to the needs of the communities in which it operates. The bank offers a variety of traditional and innovative financial products for personal and business banking needs to ensure customers are provided with the level of convenience and service they’ve grown to expect. For more information, visit www.southshorebank.com/.

About Corserv
Corserv provides a turnkey credit card issuing program that enables financial institutions to deliver competitive, branded credit cards to consumer, business and commercial customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution – everything our clients need to quickly build a successful card-issuing business. Our financial institution clients can increase their earnings per share by owning their customer loans and benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, our clients improve their credit card customer relationships. For more information, please visit www.corservsolutions.com.


 

THE FIRST NATIONAL BANK IN SIOUX FALLS PARTNERS WITH CORSERV TO OFFER MASTERCARDS TO INDIVIDUAL AND BUSINESS RELATIONSHIP CUSTOMERS

ATLANTA, April 19, 2018 Corserv, a company that empowers banks to offer credit cards, announced today that it has partnered with The First National Bank in Sioux Falls (FNB) to provide their relationship customers with FNB Mastercard credit cards that best meet their personal and business needs.

“Corserv’s program enables us to offer credit cards with rates and rewards programs that compete with National credit card issuers,” said Bill Baker, Chairman and CEO of FNB. “The online, real-time application process and cardholder defined spending and limit alerts align with our commitment to innovation.”

“FNB builds successful customer relationships, and we are thrilled to help expand their services with FNB branded Mastercards,” said Jerry Craft, CEO of Corserv. “They know every customer and can provide the best choice of credit card and superior customer service.”

Through Corserv’s program, FNB offers consumer and business credit cards to meet customer needs including Platinum Mastercard, Platinum Rewards Mastercard, and World Rewards Mastercard. A Mastercard Purchasing Card can be integrated into expense reporting systems and allows for payments to authorized vendors for a wide variety of purchases and travel as well as individual or consolidated statements.

All of these Mastercard credit card products are available now at The First National Bank in Sioux Falls online website and branch locations.

Contacts:
FNB: Jeff Russell, SVP/Chief Banking Officer, (605.335.5200), jkrussell@fnbsf.com
Corserv, Inc.: David Luther, Chief Business Officer, (404.822.8418), dluther@corservsolutions.com

About The First National Bank in Sioux Falls
Established in 1885, The First National Bank in Sioux Falls (FNB) is one of the oldest and largest independent banks in South Dakota. Our experience assures customers the professional advice and trust that has met the test of time. FNB is a nationally chartered bank that provides financial services through locations in Sioux Falls, Harrisburg, Dell Rapids, Flandreau, Brandon, and Baltic, South Dakota. We build successful relationships by knowing every one of our customers and their accounts. FNB provides innovative financial services through our relationships with individual, business, mortgage, agribusiness, and wealth management customers. For additional information, locations and hours of operation, please visit www.fnbsf.com.

About Corserv
Corserv provides a turnkey credit card issuing program that enables financial institutions to deliver competitive, branded credit cards to consumer, business and commercial customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution – everything our clients need to quickly build a successful card-issuing business. Our financial institution clients can increase their earnings per share by owning their customer loans and benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, our clients improve their credit card customer relationships. For more information, please visit www.corservsolutions.com.

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RELIANT BANK PARTNERS WITH CORSERV TO OFFER CREDIT CARDS WITH PERSONALIZED COMMUNITY BANK SERVICE

ATLANTA, February 13, 2018 – Corserv, a company that empowers community banks to issue credit cards, announced today that it has partnered with Reliant Bank, a community bank based in Brentwood, Tennessee, to provide its customers with MasterCard credit cards that best fit their personal and business needs.

“National credit card programs cannot provide the personalized credit decisions and service that our clients expect from Reliant Bank,” said Kim York, Executive Vice President and Chief Strategy Officer. “Corserv’s account issuer program enables us to incorporate relationship knowledge into our credit decisions, offer extra rewards for purchases at local businesses and keep the credit card loans in our community bank.”

“Reliant Bank is a perfect partner to whom we can provide branded and serviced credit cards for their consumer and business customers,” said Jerry Craft, CEO of Corserv. “Reliant’s customers benefit from great rates and rewards, online or in-branch application and payments, and support for Apple, Samsung and Android Pay, all of which are provided by Corserv.”

Through Corserv’s program, Reliant Bank offers a full suite of consumer and business credit cards to meet customer needs including Platinum MasterCard, Platinum Rewards MasterCard, World Rewards MasterCard.  A MasterCard Purchasing Card can be integrated into expense reporting systems and allows for payments to authorized vendors for a wide variety of purchases and travel as well as individual or consolidated statements.

All of these MasterCard credit card products are available now at Reliant Bank.

Contacts:

Reliant Bank: Kim York, EVP/Chief Strategy Officer, (615.595.5358), KYork@reliantbank.com

Corserv, Inc.: David Luther, Chief Business Officer, (404.822.8418), dluther@corservsolutions.com

About Reliant Bancorp, Inc. and Reliant Bank

Reliant Bancorp, Inc. (NASDAQ: RBNC) is a Brentwood, Tennessee-based bank holding company which operates banking centers in Davidson, Robertson, Rutherford, Sumner and Williamson Counties in Middle Tennessee and Hamilton County in East Tennessee through its wholly-owned subsidiary Reliant Bank. Reliant is a fast-growing community bank headquartered in Brentwood, Tennessee. A full-service commercial bank, Reliant offers a variety of deposit, lending and mortgage products and services to business and consumer customers. For additional information, locations and hours of operation, please visit our website found at www.reliantbank.com.

About Corserv

Corserv provides a turnkey credit card issuing program that enables financial institutions to deliver competitive, branded credit cards to consumer, business and commercial customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution – everything our clients need to quickly build a successful card-issuing business. Our financial institution clients can increase their earnings per share by owning their customer loans and benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, our clients control their credit card customer relationships. For more information, please visit www.corservsolutions.com

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WEST END BANK PARTNERS WITH CORSERV TO PROVIDE BUSINESS AND CONSUMER CUSTOMERS WITH SUPERIOR CREDIT CARDS

Atlanta (January 11, 2018) – West End Bank, a customer-focused, community-driven Indiana-based bank, and Corserv, a company that empowers financial institutions to issue credit cards, signed an agreement that provides West End Bank business and consumer customers with Corserv’s suite of credit card products and services. As part of the multi-year agreement, Corserv will provide access to MasterCard credit card products that West End Bank will brand as its own, including cards that offer a variety of reward options such as cash-back.

“No one knows our customers better than we do, enabling West End Bank to make informed credit card approval decisions and deliver the best products and services to our consumer, business and commercial customers,” said Timothy R. Frame, President and Chief Executive Officer of West End Bank. “Our partner Corserv provides self-service portals for our customers and bank employees, back office processing and proven credit underwriting strategies that allow West End Bank to confidently enter the credit card issuing business.”

“Corserv is proud to empower banks to fully participate in the profitable credit card issuing business,” said Jerry Craft, CEO of Corserv. “Our turn-key digital solution, which includes account opening, card servicing, fraud prevention, marketing, analytics and branch support, enables West End Bank to own their customer loans and control their relationships while achieving significant financial benefits for their bank.”

For business customers, in addition to a low APR Business Platinum MasterCard and a Business Platinum Rewards MasterCard, West End Bank will offer Corserv’s Purchasing Card, which enables businesses to pay for authorized vendor purchases and travel with individual or consolidated statements and integration to expense reporting systems. Consumers will have a choice of a low APR Platinum MasterCard, a Platinum Rewards Card, or a World Rewards Card.

The new credit card products were introduced to West End Bank customers in 2017.

About West End Bank, S.B.

Founded in 1894, West End Bank, S.B. is an Indiana-chartered savings bank that provides financial services to individuals, families and businesses through four banking offices located in the Indiana counties of Union and Wayne and seven additional limited service branches located within all Richmond Community School’s elementary schools and high school in Richmond, Indiana at which they provide financial literacy to students who assist in the branch operations. Investors may obtain additional information about West End Indiana Bancshares, Inc. and West End Bank, S.B. on the Internet at www.westendbank.com, under Investor Relations.

About Corserv

Corserv provides a turnkey credit card issuing program that enables financial institutions to deliver competitive, branded credit cards to consumer, business and commercial customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution – everything our clients need to quickly build a successful card-issuing business. Our financial institution clients can increase their earnings per share by owning their customer loans and benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, our clients control their credit card customer relationships. For more information, please visit www.corservsolutions.com

Contact for West End Bank

Susan Haskett, 765-598-5104, shaskett@westendbank.com

Contact for Corserv

David Luther, 404-822-8418, dluther@corservsolutions.com