Bancorp Inc TBBK

The Bancorp, Inc. operates as a financial holding company for The Bancorp Bank, which provides banking products and services within the United States. Incorporated in 1999, the company has its headquarters in Wilmington, Delaware.

The Bancorp Bank offers a broad range of deposit products and services, including money market, chequing, savings, and commercial accounts. The company also provides vehicle fleet and other equipment leasing, securities-backed lines of credit, small business administration loans, insurance policy cash value-backed lines of credit, commercial mortgage-backed loans, and prepaid and debit cards. The Bancorp, Inc. is one of the only companies within the US that specialises in providing private-label banking and technology solutions for non-bank companies. Additionally, the company offers institutional banking, internet banking services, and credit and debit card payment processing for independent service organisations.

In February 2022, The Bancorp announced the development of a conventional loan program for the funeral industry. The program is being launched in partnership with Homesteaders Life Company and is expected to address a range of financial needs within the funeral industry. Stock for The Bancorp, Inc. is listed on the NASDAQ under the ticker TBBK.

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