WILMINGTON, Del.--(BUSINESS WIRE)--Feb. 14, 2006--The Bancorp
Bank, a wholly owned subsidiary of The Bancorp, Inc. (Nasdaq NM:TBBK),
is proud to announce that it is the preferred bank for CareFirst
BlueCross BlueShield's Individual HSA (Health Savings Account)
program.
"The Bancorp Bank is pleased to have been selected by CareFirst to
offer our Health Savings Account solution to their individual plan
participants," said Frank Mastrangelo, President of The Bancorp Bank.
"We are able to provide CareFirst members with exceptional service and
support to manage their HSA through our trained 24/7 call center
staff, online banking tools and account funding tools as well as
checks and Visa-branded debit cards."
Since the beginning of HSAs in 2004, The Bancorp Bank has been a
supporter of the HSA industry and a service provider to insurance
carriers, third party administrators and benefit administrators as
well as the individual market. Once a plan is set up and participants
are enrolled, the Bank offers ongoing support to plan administrators
via easy-to-use online tools that allow them to efficiently and
seamlessly manage their plan.
About The Bancorp Bank
The Bancorp Bank (Nasdaq NM:TBBK), a wholly owned subsidiary of
The Bancorp, Inc., is an FDIC insured commercial bank that delivers a
full array of financial services and products through private-label
affinity partner programs nationwide. The Bancorp Bank, through
Philadelphia Private Bank (www.philadelphiaprivatebank.com), its
regional community bank division, serves the needs to small and
mid-size businesses and their principals in the
Philadelphia-Wilmington region.
CONTACT: The Bancorp, Inc.
Andres Viroslav, 215-861-7990
andres.viroslav@thebancorp.com
SOURCE: The Bancorp, Inc.