Credit cards continue to be an essential tool for both consumers and business, used for everything from point-of sale transactions to online purchases to recurring bill payments. Community banks understand the importance of having a payments relationship with their customers, but many banks do not have the staff, resources or appetite for risk to profitably manage a credit card portfolio.
Learn how Chesapeake Bank partnered with ServisFirst to establish a thriving credit card program that is meeting the needs of business customers such as ACI Fire and Rescue and GreenTop Sporting Goods while enhancing bank profitability and mitigating portfolio risk.