What Happened?
Wilmington, -based The-Bancorp Resigned Michael Althouse as Managing Director and Chief Compliance Officer
About the Company
The Bancorp, Inc. (NASDAQ: TBBK) is dedicated to serving the unique needs of non-bank financial service companies, ranging from entrepreneurial start-ups to those on the Fortune 500. The company`s subsidiary, The Bancorp Bank (Member FDIC, Equal Housing Lender), has been repeatedly recognized in the payments industry as the Top Issuer of Prepaid Cards (US), a top merchant sponsor bank and a top ACH originator. Specialized lending distinctions include National Preferred SBA Lender, a leading provider of securities-backed lines of credit, and one of the few bank-owned commercial vehicle leasing groups in the nation.
About the Person
Michael Althouse is Chief Compliance Officer at Green Dot Corporation. Previously, Michael held various senior legal leadership roles in the industry.
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