The North Carolina Alliance of Community Financial Institutions, a group of more than 120 members. has endorsed the Independent Bankers Association of America's IBAA Bancard program.
The alliance joins 29 other state banking organizations and the National Bankers Association in affiliating with the IBAA program, which pools the resources of community banks to get favorable rates from Equifax Card Services, the program's processor, as well as other support.
Eight North Carolina banks issue-cards through IBAA. IBAA Bancard has more than 1,500 members that have issued 1.6 million cards in 49 states.