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The Bancorp Bank sets up private-label banking and issues credit cards for non-banking companies. The Bancorp Bank's credit cards are branded prepaid Visa and MasterCards, and are often tailored as good options for consumers with poor or little to no credit history because the cards does not require a credit check. The Bancorp Bank is an internet bank that provides consumers with a wide range of financial services and products through a network of private-label, affinity partnerships. Financial products available include online checking, savings, investment, and loan products including a line of prepaid credit and debit cards. The Bancorp Bank is the only bank in the U.S. that provides private-label banking for non-bank companies by providing online consumer banking services for affinity partners under the affinity brand.
Established in 2000 and based in Wilmington, Delaware, The Bancorp Bank is a subsidiary of The Bancorp, Inc., a financial holding company.
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