Bancorp

The Bancorp, Inc. is a financial holding company, which engages in the provision of private label banking and financial services through the Bank. It operates through the following segments: Specialty Finance, Payments, Corporate, and Discontinued Operations. The Specialty Finance consists of commercial mortgage loan sales and securitizations; small business administration loans; direct lease financing; and security and insurance backed lines of credit and deposits generated by business lines. The Payments segment comprises of prepaid and debit cards; card payments; automated clearing house processing; and healthcare accounts. The Corporate segment includes the firm's investment portfolio, corporate overhead and non-allocated expenses. The company was founded by Betzy Z. Cohen on July 20, 1999 and is headquartered in Wilmington, DE.