Atlanta, GA – July 31, 2024 – CorServ, a leading provider of payment program solutions, announced today a strategic partnership with Northeast Bank to launch a comprehensive credit card program for its business and commercial customers.
Through this collaboration, Northeast Bank will transition from its agent bank model to CorServ’s Account Issuer Program, gaining greater control over its credit card offerings. The new program will provide businesses with enhanced features such as customizable rewards, virtual cards, and advanced spend management tools.
“We are excited to partner with CorServ to deliver a superior credit card experience to our commercial customers,” said Eva Rasmussen, Chief Strategy Officer at Northeast Bank. “This partnership aligns with our commitment to providing innovative financial solutions that meet the evolving needs of our clients.”
Anil Goyal, CEO of CorServ, added, “We are proud to support Northeast Bank in expanding its product offerings. Our Account Issuer Program will empower them to deliver exceptional value to their business customers while driving growth and profitability.”
This partnership marks a significant milestone for both companies, as it demonstrates the growing demand for tailored credit card solutions in the market.