PRESS RELEASES

 

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