Before Corserv’s innovative hybrid credit card solution, there were only two choices for a community bank to offer credit cards by:
Participating in an Agent Bank Program or
Becoming a Direct Issuer.
There is now a hybrid credit card issuing program for those 83% of US banks who own no credit card loans. In Corserv’s Program, community banks get a turn-key credit card issuing program branded for their bank. They own the P&L, make the credit decisions for the applicants, and have access to the cardholder and program data.