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Build a Hybrid Credit Card Program


Build a Hybrid Credit Card Program

Brought to you by: CorServ Inc.

In this episode: 

Jerry Craft, CEO, CorServ
Sam Lisker

Episode Summary

According to call reports from the Federal Deposit Insurance Corp., community banks make up half of all term loans to small businesses, yet four out of five have no credit card loans. At the same time, Accenture reports that commercial payments made via credit card is expected to grow 12% each year from 2019 to 2024, with virtual growth at 21%. This is a significant strategic opportunity for community bankers to capitalize on the increased growth of cards and payments.