Hancock Bank Selects GE Money to Provide Credit Card Products to Retail Customers.Partnership is Key to GE's Expansion of Card Program in Agent Bank Space STAMFORD, Conn. -- Hancock Bank (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : HBHC HBHC Healthy Babies Healthy Children (Ontario, Canada) ) has selected GE Money, the consumer lending Consumer lending or consumer loans refers to any type of loan product that is not a mortgage; such as a car, boat, manufactured home, home equity loan, home equity line of credit, signature loan, signature line of credit, recreational vehicle, or Certificate of Deposit loans. unit of General Electric Company (NYSE NYSE See: New York Stock Exchange :GE), to provide a Platinum VISA credit card product to its customers in Mississippi, Louisiana, Florida, and Alabama. The agreement is part of GE Money's strategy to expand its partnerships in the agent bank space and supports Hancock Bank's 107-year-old commitment to providing customers the comprehensive, sophisticated financial choices of a regional bank complemented by a community banking way of doing business. "GE is very excited to partner with Hancock Bank to provide enhanced credit card programs and exceptional rewards offerings," said Scott Young For other uses, see Scott Young (disambiguation). Scott Young (April 14, 1918 – June 12, 2005) was a Canadian journalist, sportswriter, novelist and the father of musician Neil Young. , leader of GE Money's Personal Finance business. "As a leading provider of partnership credit card programs, we are constantly working to align with financial institutions that deliver excellent value and the highest levels of service to their customers. Teaming up with Hancock Bank is a perfect match." Under terms of the agreement for the new consumer card program, scheduled to launch November 15, GE will provide a Platinum VISA card product featuring the Hancock Bank brand. Cardholders will earn Net Rewards - one point for every dollar spent. Points may be redeemed for merchandise, travel, gift cards or cash. The product will be made available to Hancock Bank's retail customers throughout the Gulf Coast region at Hancock Bank branches, the bank's website as well as through direct mail. "Our Hancock Bank financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. teams are pleased to offer our customers the convenient purchasing power Purchasing Power 1. The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy. Purchasing power is important because, all else being equal, inflation decreases the amount of goods or services you'd be able to purchase. 2. and rewards advantages of the new Hancock Bank Platinum VISA card," said Jim Howarth, the senior vice president responsible for retail sales throughout Hancock's four-state market. "We selected GE Money because they share our mission of helping people achieve their financial goals and dreams with an array of simple, innovative financial solutions," said Howarth. To learn more about GE Money's agent bank and affinity consumer credit programs, please contact Rick Cunningham
ABOUT HANCOCK BANK: Hancock Holding Company - the parent company of Hancock Bank (Mississippi), Hancock Bank of Louisiana CODE, OF LOUISIANA. In 1822, Peter Derbigny, Edward Livingston, and Moreau Lislet, were selected by the legislature to revise and amend the civil code, and to add to it such laws still in force as were not included therein. , Hancock Bank of Florida, and Magna Insurance Company - has assets of $6.26 billion. Founded in 1899, Hancock Bank stands among the strongest, safest financial institutions in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and is the only financial services company headquartered in the Gulf South to rate among the top 20 percent of America's top performing banks. Hancock offers comprehensive financial solutions through more than 140 banking and financial services offices and more than 130 automated teller machines automated teller machine (ATM), device used by bank customers to process account transactions. Typically, a user inserts into the ATM a special plastic card that is encoded with information on a magnetic strip. throughout South Mississippi, Louisiana, southern Alabama, and the Florida Panhandle The Florida Panhandle is the region of the state of Florida which includes the westernmost 16 counties in the state. It is a narrow strip lying between Alabama and Georgia to the north and the Gulf of Mexico to the south. . For more information, visit www.hancockbank.com. ABOUT GE MONEY: GE Money's Personal Finance business is an innovative, customer-centric lending organization that provides financial services such as personal loans, mortgages, bankcards and student loans both directly to consumers, as well as through partner-based channels. The business brings to personal lending GE's legendary passion for delivering imaginative customer solutions that help people live their dreams. With $163 billion in assets, GE Money, a unit of General Electric Company (NYSE:GE), is a leading provider of credit services to consumers, retailers and auto dealers in 50 countries around the world. GE Money, based in Stamford, Connecticut (USA), offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity loans, and credit insurance. For more visit www.gemoney.com. GE (NYSE: GE) is Imagination at Work -- a diversified technology, media and financial services company focused on solving some of the world's toughest problems. With products and services ranging from aircraft engines, power generation, water processing and security technology to medical imaging, business and consumer financing, media content and advanced materials, GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's Web site at www.ge.com. |
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