The Bank of Glen Burnie Partners with CorServ to Implement Credit Card Program for Commercial, Business and Consumer Customers

ATLANTA, June 17, 2025 /PRNewswire/ -- CorServ, a company that empowers banks and fintechs with credit card issuing programs, has partnered with The Bank of Glen Burnie, headquartered in Glen Burnie, Maryland, to launch a credit card issuing program for their commercial, business and consumer customers.

The Bank of Glen Burnie is a locally owned and operated community bank founded on the values of personalized customer service and exceptional products. Since 1949, The Bank of Glen Burnie has been giving back to the community, offering a full range of quality banking products, and maintaining a customer-first approach across six branches in Maryland.

Committed to providing critical cash management solutions to their customers, The Bank of Glen Burnie surveyed local business and non-profit customers and found a high demand for credit card products. Customers wanted access to commercial cards, purchasing cards and fleet cards. These cards help with cash flow, offer virtual cards for payments to a business's vendors, and provide expense reporting and rewards benefits with the service level of a local bank relationship.

"At The Bank of Glen Burnie, personalized customer service and community engagement is at the heart of everything we do as we strive to deliver thoughtful, responsive, and safe financial solutions. After learning our customers wanted access to commercial cards, we embarked on a mission to find a program that would best serve them," said Jonathan Shearin, Vice President and Chief Lending Officer at The Bank of Glen Burnie. "CorServ's credit card program has key features like spend controls and virtual cards coupled with high-quality customer service. With CorServ's solution, we can better service our local customers and retain more control over our issuing program, unlike with an Agent Bank credit card program."

CorServ's credit card issuing platform offers commercial, business, and consumer credit cards with competitive interchange, annual percentage rates (APRs), and fees. With this partnership, The Bank of Glen Burnie's new revenue streams will be higher than with an Agent Bank program while also providing top-tier customer service.

"We are excited to provide The Bank of Glen Burnie with the credit card program their customers want," said Anil Goyal, CEO at CorServ. "For a bank that prioritizes customer service, it is important to offer your customers the banking products they need to build a stronger community. Our program allows The Bank of Glen Burnie to strengthen their customer relationships, contribute to building the local community and increase their revenue stream."

About CorServ

CorServ provides innovative payment card issuing, processing and program management solutions empowering banks and fintechs to successfully deliver credit, debit, prepaid, virtual, and purchasing cards. CorServ's turnkey credit card issuing program enables banks to earn a significantly higher ROA than the typical Agent Bank model, access cardholder data, and participate in credit decisions without adding staff or infrastructure. Banks can choose to be self-issuers leveraging CorServ's comprehensive technology and capabilities, and fintechs can embed payment cards into their platforms with CorServ's API-first issuer processor solution. For more information, please visit https://www.corservsolutions.com/.

CorServ Business Inquiries:
David Luther
CorServ CBO
[email protected]

About Glen Burnie Bancorp and The Bank of Glen Burnie

Glen Burnie Bancorp is a bank holding company headquartered in Glen Burnie, Maryland. Founded in 1949, The Bank of Glen Burnie^® is a locally owned community bank with seven branch offices serving Anne Arundel County. The Bank is engaged in the commercial and retail banking business including the acceptance of demand and time deposits, and the origination of loans to individuals, associations, partnerships, and corporations. The Bank's real estate financing consists of residential first and second mortgage loans, home equity lines of credit and commercial mortgage loans. The Bank also originates automobile loans through arrangements with local automobile dealers. Additional information is available at www.thebankofglenburnie.com.

MEDIA CONTACT:
Eden Dombrowa
281-733-3294
[email protected]

SOURCE CorServ