GARDEN CITY, N.Y. - Command Credit Corp. reported revenue of $413,000 in its second fiscal quarter, calling it "the first round of anticipated quarterly growth for the parent company and its six subsidiaries."
Command, though well funded, has been struggling to get secured and affinity credit card programs off the ground. It has defined its markets as health care, investment banking, commercial leasing, residential mortgages, and bank card marketing and servicing.
In related news, the company announced that its Delaware bank card service division, Berwyn Holdings, has booked several thousand secured cards and serviced these accounts during the past quarter. The company is in the process of implementing programs for several other banks to market and service both unsecured and secured credit cards through affinity group and cobranding arrangements.