The First National Bank in Sioux Falls Partners With Corserv to Offer Mastercards to Individual and Business Relationship Customers

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Corserv is partnering with The First National Bank in Sioux Falls (FNB) to provide their relationship customers with FNB Mastercard credit cards that best meet their personal and business needs.

Corserv, a company that empowers banks to offer credit cards, announced today that it has partnered with The First National Bank in Sioux Falls (FNB) to provide their relationship customers with FNB Mastercard credit cards that best meet their personal and business needs.

“Corserv’s program enables us to offer credit cards with rates and rewards programs that compete with National credit card issuers,” said Bill Baker, Chairman and CEO of FNB. “The online, real-time application process and cardholder defined spending and limit alerts align with our commitment to innovation.”

“FNB builds successful customer relationships, and we are thrilled to help expand their services with FNB branded Mastercards,” said Jerry Craft, CEO of Corserv. “They know every customer and can provide the best choice of credit card and superior customer service.”

Through Corserv’s program, FNB offers consumer and business credit cards to meet customer needs, including Platinum Mastercard, Platinum Rewards Mastercard and World Rewards Mastercard. A Mastercard Purchasing Card can be integrated into expense reporting systems and allows for payments to authorized vendors for a wide variety of purchases and travel as well as individual or consolidated statements.

All of these Mastercard credit card products are available now at The First National Bank in Sioux Falls online website and branch locations.

Contacts:

FNB: Jeff Russell, SVP/Chief Banking Officer, (605.335.5200), jkrussell(at)fnbsf(dot)com

Corserv, Inc.: David Luther, Chief Business Officer, (404.822.8418), dluther(at)corservsolutions(dot)com

About The First National Bank in Sioux Falls

Established in 1885, The First National Bank in Sioux Falls (FNB) is one of the oldest and largest independent banks in South Dakota. Our experience assures customers the professional advice and trust that has met the test of time. FNB is a nationally chartered bank that provides financial services through locations in Sioux Falls, Harrisburg, Dell Rapids, Flandreau, Brandon, and Baltic, South Dakota. We build successful relationships by knowing every one of our customers and their accounts. FNB provides innovative financial services through our relationships with individual, business, mortgage, agribusiness, and wealth management customers. For additional information, locations and hours of operation, please visit http://www.fnbsf.com.

About Corserv

Corserv provides a turnkey credit card issuing program that enables financial institutions to deliver competitive, branded credit cards to consumer, business and commercial customers. Corserv’s secure hosted programs combine our credit, compliance and marketing expertise with our modern online solution – everything our clients need to quickly build a successful card-issuing business. Our financial institution clients can increase their earnings per share by owning their customer loans and benefitting from loan interest, interchange, fee income and economies of scale from Corserv’s client base. Most importantly, our clients improve their credit card customer relationships. For more information, please visit http://www.corservsolutions.com.

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Steve Rose