Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Health Insurance > Life Insurance Strategies

Bank Chooses Health Account Card Partner

X
Your article was successfully shared with the contacts you provided.

The banking business of the Bancorp Bank Inc. has agreed to use a payment system developed by Evolution Benefits Inc.

The payment system, the Benny card, helps holders of health savings accounts, health reimbursement arrangements and other health and benefit accounts draw on the accounts using payment cards that resemble ordinary debit cards, according to Evolution, Avon, Conn.

The Bancorp, Wilmington, Del., runs a community bank in its hometown and sells “private-label” Internet banking services through affinity groups.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.