The credit card bank chartered by the Independent Bankers Association of America opened for business Monday.

TCM Bank was created to underwrite and administer credit cards for banks too small to fund their own programs. TCM will make credit decisions and handle back-office processing, but the community bank's name will appear on the cards.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.