CorServ signs Northeast Bank

Northeast Bank is a leading independent community bank committed to providing high quality products and exceptional service. With the goal of expanding its business banking offerings to include a comprehensive credit card solution, Northeast Bank transitioned from its Agent Bank programs to CorServ’s Account Issuer Program. In addition to the many enhanced features, Northeast Bank’s business and business customers will benefit from rewards and discounts earned by using credit cards for payments.

“Northeast Bank is committed to providing tailored banking solutions to meet the diverse needs of our business customers,” said Eva Rasmussen, Chief Strategy Officer at Northeast Bank. “CorServ’s commercial card program equips us with compelling card options, a powerful self-service interface for business administrators to manage their cards, and personalized discount options for businesses. CorServ’s program enables Northeast Bank to serve our business customers of all sizes beyond what national card issuers offer.”

CorServ’s Account Issuer Program provides Northeast Bank’s business customers with benefits including greater choice of credit card products, insightful, customizable reports including Level 2 and 3 transaction data, virtual cards for paying vendors, spending control and efficient expense reporting. With more control over credit decisions for its customers, Northeast Bank will leverage CorServ’s innovative solution to offer a comprehensive credit card program to its business and commercial customers.

“CorServ’s program has the potential to transform the payment experience for Northeast Bank’s business customers,” said Anil Goyal, CEO of CorServ. “Our program offers a modern approach to banking with more features for a convenient and easy experience. We are excited to partner with Northeast Bank to contribute to its mission of building strong communities by providing the best solutions to its customers.”