Assurance Partners Bank, a specialized bank founded by the insurance industry to provide banking products and services to insurance companies and their customers, employees and agents, is open and ready for business. The bank, headquartered in Carmel, Ind., offers home equity, automobile, personal, student and consumer loans, credit cards and residential first mortgages.
The bank will be open to all customers as a federally chartered thrift, but the marketing focus will be on providing products and services through affiliations between companies, agencies and the bank. Products specifically targeted to insurance companies, their employees, independent agents and insurance policyholders are under development.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
New York State Police Report 37-Vehicle Pileup on I-81 Near Syracuse 
DoorDash, Uber Cost Drivers $550 Million in Tips, NYC Says 
Zurich Makes £7.7 Billion Bid for Specialty Insurer Beazley 
New York Governor Hochul Vows to Tackle Insurance Affordability, Litigation and Fraud From This Issue
