Command Credit subsidiary, Berwyn Holdings, announces April launch of European American Bank (EAB) secured card program.GARDEN CITY, N.Y.--(BUSINESS WIRE)--April 8, 1996--Command Credit Corp.'s (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : CDMD CDMD Configuration Data Managers Database CDMD Chemical Defense Materials Database ) wholly-owned subsidiary, Berwyn Holdings, Inc., will launch a secured credit card program for European American Bank (EAB EAB Emerald Ash Borer (insect) EAB Environmental Appeals Board (EPA) EAB Educational Activities Board (IEEE) EAB Environmental Advisory Board EAB Egyptian American Bank ) this month. EAB is an 8.5 Billion Dollar full-service commercial bank which services the New York metropolitan area New York–Northern New Jersey–Long Island is the most populous metropolitan area in the United States and the third most populous in the world, after Tokyo and Mexico City. . Berwyn will provide all of the back-office servicing for secured credit cards issued by EAB. Harold Hendrickson, president of Berwyn stated, "Berwyn's experience and knowledge of the credit card industry combined with the EAB commitment to this program is an excellent relationship to build upon. I am very excited about the future." In addition to the EAB program, Berwyn began servicing the NatWest Bank (Delaware) secured credit card program several months ago. Besides the EAB and NatWest contracts, Berwyn is currently processing secured bank credit cards for CorTrust Bank and Wawel Savings Bank savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. , SLA (1) (StereoLithography Apparatus) See 3D printing. (2) (Service Level Agreement) A contract between the provider and the user that specifies the level of service expected during its term. . Berwyn is also in discussion with several other major banks. William Lucas, chairman of Command stated that, "the EAB contract is a meaningful project which I believe will move Berwyn to the forefront in servicing of secured bank credit cards." Command Credit Corp. is a financial services company that owns and operates five financially oriented divisions. CONTACT: Command Credit Corp. Investor Relations 800/338-9199 or Berwyn Holdings, Inc. Harold Hendrickson, 302/429-2510 |
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