Bankers' Bank Launches a Community Rewards Network™ for Credit Cards: First-of-its-Kind Rewards Card Program for Community Banks

MADISON, Wis., Jan. 23, 2019 /PRNewswire-PRWeb/ -- Community banks throughout the Midwest can now join a consumer credit card program that rewards consumers for shopping at participating community-based businesses. Bankers' Bank, the Midwest's premier provider of banking services to community banks, announces a referral consumer credit card program with incentives for shopping locally. The card program went live in January and already has more than 200 community-based merchants signed up to participate.

As the leading provider of products and services for community banks in the Midwest, Bankers' Bank understands the importance of local allegiance. "The customers who bank with our community bank partners are passionate about their communities. We wanted to build a card program that rewarded that passion," says Robert Jarosinski, First VP of BankCards and Payments at Bankers' Bank. "By supporting community-based businesses, customers keep more money circulating in their communities."

The Community Rewards card program is specifically tailored to make community banks shine:

•     up to 3% cash-back rewards when customers shop at participating community-based businesses
•     up to 3X rewards for travel, merchandise and gift card rewards when customers shop at participating community-based businesses

The turn-key program allows community banks to offer their customers the Community Rewards Network™ using the latest credit card technology, including chip cards, access to mobile pays, and the coming contactless cards. Participating banks receive one-on-one growth consultations, customized marketing materials, and reliable fee income. The Bankers' Bank commitment as a partner, not a competitor, means banks retain direct access to their customers and the ability to repurchase their portfolio without penalty.

About Bankers' Bancorporation, Inc. & Bankers' Bank. Bankers' Bancorporation, Inc. is the parent company of Bankers' Bank, a bank-owned correspondent based in Madison, Wisconsin, since 1981. Bankers' Bank is the Midwest's leading provider of banking services to community banks, with offices in the Madison, Chicago, Des Moines, and Indianapolis areas serving the four-state area and beyond. As an independent source of non-competing financial services, the Bank serves a market of over 700 financial institutions. The Bank does not serve the public so it never competes with client banks for business. More information is available at BankersBank.com.

SOURCE Bankers’ Bank