Busey Bank Partners with CorServ to Implement a Modern Credit Card Program for Commercial Customers

Atlanta - April 8, 2024

CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Busey Bank ($12.5 billion in assets) to launch a modern credit card program for their commercial customers.

Headquartered in Champaign, Illinois, Busey Bank serves their customers in over 80 locations. Aiming to add a comprehensive credit card solution to their suite of commercial banking services, Busey Bank transitioned out of an Agent Bank program to CorServ's Account Issuer Program. Both Busey Bank and their commercial customers will benefit from the Interchange realized by using commercial credit cards for payments.

"Busey Bank uniquely knows the financial situation and banking needs of our commercial customers," said Andy Santangelo, EVP and Director of Treasury Management for Busey Bank. "CorServ's commercial card program provides us with tools for credit decisioning, options for local servicing, and custom rebates which empower Busey Bank to better serve our commercial customers compared to what National card issuers can offer."