Bancorp Bank news and trends

Bancorp Bank Fined $2M For Prepaid Card Fees
Bank Regulation // March 08, 2018

The Bancorp Bank, among the largest prepaid card issuers, will pay $2 million to settle claims that it charged fees higher than those disclosed to its customers. As reported in American Banker, the Federal Deposit Insurance Corp. (FDIC) put into place an order that said...

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NorthOne Teams With Bancorp Bank, Galileo For SMB Banking Services

May 25, 2021
Challenger bank NorthOne has joined forces with The Bancorp Bank to provide banking services to NorthOne customers, and with Galileo Technologies to bring new and improved processing services to customers, as announced in a press release on Tuesday (May 25). NorthOne said the partnership with Bancorp will allow customers to deposit checks with the NorthOne […]

Bancorp Bank Fined $2M For Prepaid Card Fees

March 08, 2018
The Bancorp Bank, among the largest prepaid card issuers, will pay $2 million to settle claims that it charged fees higher than those disclosed to its customers. As reported in...