This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

The Bancorp Bank Teams Up With Cachet Banq

Stocks in this article: TBBK

The Bancorp Bank, a wholly owned subsidiary of The Bancorp, Inc. (NASDAQ: TBBK), has announced a collaboration with Cachet Banq, Inc., a national financial services company located in Southern California. The Bancorp Bank serves as an ACH sponsor bank for payroll-related transactions for Cachet Banq, Inc.’s clients.

“We are very excited about Cachet's alliance with The Bancorp Bank,” said Micheline Chabana, Senior Vice President of Sales and Marketing for Cachet Banq, Inc. “This collaboration provides our company and our clients additional assurance for payroll funding transactions. Our banking relationship expands Cachet’s Drawdown FedWire ® capabilities and demonstrates our commitment to providing the best value and services to our clients now, and well into the future.”

“We are proud to be working with a reputable industry leader such as Cachet,” said Frank Mastrangelo, President, The Bancorp Bank. “Our shared commitment to innovation and specialized customer service is proving to be a wonderful synergy in the payroll space.”

About Cachet Banq

Cachet Banq, Inc. ( is a national financial services company and offers a variety of services to corporate clients and the payroll service industry, including ACH Processing, Payroll Tax Processing, Drawdown FedWire ®, and Settlement Account Services. Among other ancillary products and services, Cachet offers Corporate Financing options exclusively to payroll providers. As an experienced leader in the payroll service industry, the Cachet family of companies provides payroll-related services to approximately 65,000 employers nationwide and processes more than $68 billion annually.

About The Bancorp, Inc.

The Bancorp, Inc. ( is a financial holding company that operates The Bancorp Bank, an FDIC-insured commercial bank. The Bancorp Bank delivers a full array of financial services and products, both directly and through private-label affinity partner programs nationwide. Its payments offering includes card issuing, card acquiring, ACH sponsorship, wire transfer services and customized deposit account structures. The Bancorp Bank maintains membership with numerous payments networks, including Visa ®, MasterCard ®, Star ®, NYCE ®, PULSE ® and Discover ®.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs