Tradition Capital Bank Partners with CorServ for Improved Credit Cards

ATLANTA, Jan. 7, 2025 /PRNewswire/ -- CorServ, a company that empowers banks and fintechs with payment programs, has partnered with Tradition Capital Bank to launch an innovative credit card program for commercial, small business, nonprofit, and consumer clients.

Tradition Capital Bank, a $2.6 billion commercial-focused bank with a strong presence in Minneapolis and Scottsdale, was seeking a comprehensive credit card solution to add to their suite of banking services that equip clients with new capabilities. Tradition Capital Bank elevated to CorServ's Account Issuer Program - gaining the unique opportunity to participate in credit decisions and provide their clients with virtual cards, ghost cards, comprehensive spend controls, and self-service administration.

"We believe that intentionally building relationships is key to understanding how to provide customized solutions that really work for our clients," said Joe Bauer, President of Tradition Capital Bank. "By leveraging CorServ's advanced technology and deep industry expertise, we can deepen our relationships and provide tailored and innovative card solutions that meet the diverse needs of our commercial, small business, nonprofit and consumer clients."

CorServ's Account Issuer Program provides extensive capabilities including better choices of credit card products, a powerful self-service interface for company administrators to manage their cards, insightful customizable reports including Level 2 and 3 transaction data, and an included expense reporting module. With more control over credit decisions, Tradition Capital Bank will leverage CorServ's innovative solution to offer its clients a comprehensive credit card program that competes with large National issuers, but with a local bank that they know.

"CorServ's program gives all clients a modern approach to managing credit cards with more capabilities for a convenient and simple experience," said Anil Goyal, CEO of CorServ. "We are thrilled to partner with Tradition Capital Bank and support their vision of delivering exceptional banking experiences to their clients."

About CorServ
CorServ provides innovative payment card issuing, processing and program management solutions empowering banks and fintechs to successfully deliver credit, debit, prepaid, virtual, and purchasing cards. CorServ's turnkey credit card issuing program enables banks to earn a significantly higher ROA than the typical Agent Bank model, access cardholder data, and participate in credit decisions without adding staff or infrastructure. Banks can choose to be self-issuers leveraging CorServ's comprehensive technology and capabilities, and fintechs can embed payment cards into their platforms with CorServ's API-first issuer processor solution. For more information, please visit https://www.corservsolutions.com/

About Tradition Capital Bank
At Tradition Capital Bank, we believe there is more to life than numbers. That's why we look beyond them and seek to truly understand your vision, your passion, and your unique situation. This, combined with the personal approach we bring to banking, is what allows us to do what we do best; build relationships, businesses, communities, and futures. For more information please visit tradition.bank.

Member FDIC. Equal Housing Lender. NMLS #402468.

SOURCE CorServ