![]() Horn continued: “The Bank’s ability to clear transactions for a broad range of merchants makes us an attractive partner for ISOs. The Bank will now serve 70,000 merchants following the transaction’s completion.” “This portfolio acquisition demonstrates the success of our ongoing strategy to expand the Bank’s merchant business through relationships with high quality ISOs. “We are very pleased to be able to assume and service these ISO and merchant relationships,” said Fred Horn, Senior Vice President of Merrick Bank. Through this acquisition, twenty-two of Provident Bank’s ISOs, merchants, and their associated transaction volume will now be administered by Merrick Bank. SOUTH JORDAN, UT – Merrick Bank, a subsidiary of CardWorks and an issuer of MasterCard and VISA credit cards, announced today that it has acquired a portion of Provident Bank’s VISA and MasterCard Independent Sales Organizations (ISOs) sponsorship merchant business. Collections & Recovery Newsletter (for Lenders).3/14 – Research Assist Peer Call (Members Only) Peer Callģ/21 – Consumer Relations Consortium Virtual Peer Call (Members Only) Peer Callģ/21 – Research Assist Peer Call (Members Only) Peer Callģ/23 – Customizable or Configurable? Find the Right Collections Solution for Your Business Free Webinarģ/28 – Research Assist Peer Call (Members Only) Peer CallĤ/4 – Consumer Relations Consortium Virtual Peer Call (Members Only) Peer CallĤ/5 – TREND ANALYSIS: Is the Economic Alarm Bell Ringing? Free WebinarĦ/7 – Spring Consumer Relations Consortium Meeting (Members Only) Regional Peer Meetingġ1/8 – Fall Consumer Relations Consortium Meeting (Members Only) Regional Peer Meetingġ2/11 – Women in Consumer Finance 2023 Conference ![]()
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