Peoples Bank & Corserv Partnership: Revolutionizing Credit Card Offerings

Partnering with Corserv, Ohio, US-based Peoples Bank is set to roll out 14 distinct credit card variations, which include cards for commercial use, regular rewards, low-interest options, a premium benefits world card, and secured variants tailored for those on a credit-building journey.

Moreover, the administrative tools provided by Corserv pave the way for Peoples Bank’s commercial and business clients to experience elevated card management. This includes the capability to roll out new cards, define spending boundaries, and execute virtual card payments to vendors.

Possessing $8.8 billion in assets, Peoples Bank, through Corserv’s platform, gains the leverage to directly govern its credit card financial outcomes. This positions the bank to evaluate credit based on their in-depth acquaintance with the applicant, a nuance absent during their tenure with the agent bank framework. An added advantage for bank personnel is the continuous customer assistance provided by Corserv.

Tom Frawley, Peoples Bank’s Senior Vice President, stated, “Leveraging Corserv’s credit card solution, we’re now primed to enrich our business clients with amenities like cost-free financial report generation and in-depth transaction analysis, covering both level 2 and level 3 specifics.”