The Bancorp Bank
The Bancorp, Inc. (NASDAQ NM: TBBK) is a financial holding company with a wholly owned subsidiary, The Bancorp Bank.
The Bancorp Bank is an FDIC-insured online commercial bank that delivers a full array of financial services and products both directly and through more than 300 private-label affinity partner programs nationwide. Our regional community bank division serves the needs of small and mid-size businesses and their principals in the Philadelphia-Wilmington region.
When it was introduced in 2000, The Bancorp Bank’s ability to create customized banks for affinity partners set a new standard in financial services innovation. Today, Bancorp remains a leader as one of the few banks in the country dedicated to providing private-label banking and technology solutions for non-bank companies.
Bancorp’s private-label program focuses on four main business segments – healthcare, merchant processing, prepaid and wealth management. The “branchless banking” programs enable members, employees and customers of affinity partners to access online banking services, customized for them, under the affinity partner’s brand.
The Bancorp Bank is headquartered in Wilmington, Delaware, with offices in Philadelphia, Exton and Warminster, Pa.; Chicago, Ill.; Crofton, Md.; Minneapolis, Minn.; Orlando, Fla.; and Sioux Falls, S.D. Total assets of The Bancorp Bank, as of December 31, 2011, are $3.0 billion.
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